ROI on an RTA Kitchen Remodel
The return on investment (ROI) for a kitchen remodel with RTA (ready-to-assemble) cabinets can vary depending on a variety of factors, such as the cost of the remodel, the quality of the cabinets, the location of the property, and the current real estate market conditions.
In general, using RTA cabinets can be a cost-effective way to remodel your kitchen, as they are typically less expensive than custom-made cabinets. This can help increase the overall ROI of your kitchen remodel.
However, the actual ROI will depend on the specific details of your remodel. According to Remodeling Magazine’s 2021 Cost vs. Value report, a minor kitchen remodel (which includes replacing cabinet fronts and hardware, installing new countertops, and adding a new sink and faucet) has an average national ROI of 72.2%. A major kitchen remodel (which includes replacing all cabinets and countertops, installing a mid-range sink and faucet, and adding new flooring and lighting) has an average national ROI of 59.7%.
It’s important to keep in mind that ROI is not the only factor to consider when remodeling your kitchen. You should also think about your own personal enjoyment of the space, as well as the potential resale value if you plan to sell your home in the future.