We Prefer The Term Investment

There is a lot of misinformation on the internet regarding the cost of remodeling projects. After decades within the home remodeling industry, we have found the most trustworthy and accurate source for this data to be from Remodeling, in the form of their Cost vs. Value report, released annually. The report aggregates data they collect through their surveys of homeowners and refines it by region. This means we are able to see the average cost of a specific project within a specific city.

So, What Does It Say For Saint Louis?

We have taken the historical figures for 2021 and applied a 10% increase in price. This large of a price increase is not typical, but necessary, due to the amount of extraordinary inflation seen in building products towards the end of 2021. For a minor kitchen remodel of midrange quality, a homeowner can expect to pay $28,016. For a major kitchen remodel of midrange quality, a homeowner can expect to pay $81,053. And finally, for a major kitchen remodel of upscale quality, you can expect to pay $159,089. That’s a large investment, isn’t it? That’s why it’s important to choose a remodeling firm that has mastered the art of kitchen remodeling. We know how large the investment that you’re making is, which is why we expect perfection from ourselves. It’s this work ethic that has earned us raving, return clients for decades. We encourage you to reach out to us, we would love to hear from you!

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© 2020 Hanley Wood, LLC. Complete data from the Remodeling 2021 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.