Tuesday 11 April 2017

Your kitchen is a special room, because you spend a lot of time in. You cook in it, and your family gathers in it to eat, you sit down to dinner and talk about your days while enjoying meals together. Your children often do their homework at a kitchen counter, and the kitchen table often serves as a hotspot. Your home can be totally reinvigorated by a kitchen remodel.

Whether you want to do a total overhaul, or you’re fitting some new cabinets- you should know what type of cost you’re getting yourself into.

The Average Cost

Obviously, the cost of a remodel will be different for every project. It will all depend on the types of appliances you choose, and the quality of flooring, countertops, and cabinetry you’re interested in. You may opt to go more budget with certain items, and invest more in priority items.

On average, homeowners tend to spend between $13,000 and $30,000 when redesigning the kitchen. The average cost is $20,000. You may be able to complete the job for around $5,000 or it could run beyond $50,000. It’s possible to slip into 6 figures if you’re looking for the ultimate high-end, gourmet kitchen.

Pricing Factors

There are a variety of factors that will determine the cost you will incur. This includes where you live, whether there will be walls removed, the length of the product, and whether you will be completing any work on your own.

If you can do your own demolition work, then you can save on the budget. However, you may find yourself cutting wiring and breaking pipes. So, it’s generally wise to allow the professionals to take care of the demolition, unless you have prior experience. Another excellent way to cut costs is handling tasks like painting.

Creating Your Budget

Everyone imagines having the best quality products possible, but in most cases- it’s not possible. Moreover, it may not even be worth the additional cost. So, start out by creating a budget that is realistic.

The materials will account for around 80% of the budget, so an efficient way to cut costs would be making concessions on materials. So, rather than opting for granite or marble countertops, choose a less expensive option.

Cost Breakdown

As you work on the budget, you should keep in mind how the funds will be allocated. You should always keep a reserve to take care of emergencies or last minute changes. It would be wise to factor in some additional monies for eating out while your kitchen is out of bounds.

You can expect your percentage breakdown to look something along these lines:
  • Hardware & Cabinetry: 29%
  • Installation: 17%
  • Ventilation & Appliances: 14%
  • Counters: 10%
  • Floors: 7%
  • Ceilings & Walls: 5%
  • Lighting: 5%
  • Plumbing: 4%
  • Doors & Windows: 4%
  • Design Fees: 4%
  • Miscellaneous: 1%


Conclusion

A remodeling project could be exactly what you need to turn your kitchen into a stunning area to reignite your passion for cooking, to welcome guests, gather as family, and just hang out.

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