Spending Too Much on Kitchen Cabinetry

December 22nd, 2008 by admin

I like watching the home improvement shows and DIY channels, but I am amazed at how much people spend on their kitchen renovations.  One show highlighted a family that spent over $100,000 on their kitchen.  That got me thinking….  is there a ratio of how much you should spend on kitchen cabinetry versus the value of your home?

Obviously, spending $100,000 on a $300,000 house doesn’t make sense but it might be the target spend for a $1,000,000 house.   Too many people have the idea that the more then spend on their kitchen, the more value they will get back in equity.  Over spending can actually have the opposite effect by alienating some potential buyers.

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