ilmscore | Prediction Details
"if you stay within the footprint that's existing... it can be a very almost inexpensive upgrade that adds value because if you stay in the existing footprint a lot of the times you do not have to replace the cabinets... if we just paint or stain the cabinets put new hardware on them new Modern Hardware on them... you can completely overhaul a kitchen and blow your competition out of the water and really does add value because people want nice kitchens and nice bathrooms"
By BiggerPockets | February 26, 2025 | Pending
From video
10+ High-ROI Rental Renovations to Increase Home Value AND Rents 00:21:51 - 00:24:03
Interpreted Prediction
Renovating a kitchen by painting/staining existing cabinets, adding new hardware, soft-close hinges, a new backsplash, and updated countertops (while staying within the existing footprint) is an inexpensive strategy to significantly increase property value and desirability.

Prediction Details

Topic
Real Estate Value-Add

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