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Originally posted by Did you just call me Coltrane?
Is it worth it in this housing market? We plan to stay in this place for another 4-6 years (bought in 2/2006), so we'll get some enjoyment from a new kitchen, but I'd like to know what everyone's thoughts are on potential ROI. I'd like to recognize a decent portion of my investment.
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Sort of depends on how bad your current kitchen is. If it hasn't been redone since the 80s, I think its pretty important. Just don't spend $40,000 on a wood-fired brick oven and you should do okay on the ROI. From what I recall, in recent years, kitchen remodels have the 2d best ROI after bathrooms.
That said, I also think, with the major slowdown in construction, if you wait 6 months, you can get much better pricing (and responsiveness) on the work as there will be a glut of underemployed construction workers.
