There’s another factor that is not readily apparent. Homes with renovated kitchens and baths tend to sell faster than those that need updating. Many buyers in Boulder, CO don’t want to go through the stresses and hassles generally associated with renovating their new home purchases.   

While obtaining a meaningful return on investment is a driving factor for homeowners in Boulder, CO in determining whether or not to remodel, looking at numbers alone does not tell the entire story or represent the entire return received. The kitchen and primary bath are the two most important rooms in a home. The kitchen is the place where family becomes family, cooks can become chefs and friendships are celebrated. There are long-term financial benefits to improving one’s home, but that’s not the primary reason most homeowners in Boulder, CO decide to remodel. New kitchens and baths improve the lives of family members. Most homeowners in Boulder, CO agree that having a few minutes every day all to themselves devoid of tweets, texts and little feet delivers a better ROI than a 70% return on the cost of a remodel.