When it comes to kitchen remodeling, the cost can vary greatly depending on the existing space, the products you choose, and the design you prefer. Homebuilding experts recommend that you only spend on remodeling your kitchen the amount you expect to recover when you sell your home, if you expect to sell it in the next five years. The first step in planning a kitchen remodel is to set up a budget for the work. As shown in the table above, new appliances can actually increase the cost of remodeling your kitchen, and represent up to 15% of your budget.
Of course, this figure could be lower if you just want a basic kitchen renovation, but the cost of completely renovating it, especially if you're moving or removing walls and plumbing, can be significantly higher. The addition of luxurious stone or marble countertops, high-end faucets and floors, a commercial-grade range, and luxury faucets can significantly increase the cost of a renovation. However, if you're not obsessed with appliances oriented to the status of Sub-Zero, for example, but instead use mid-range appliances, you can save a lot on your remodeling. A cosmetic remodel includes upgrading the countertops, the tile splash guard, kitchen appliances, cabinet accessories and a new coat of paint.
This is a step-by-step guide to what you need to spend on, how much to spend on it, and how you can reduce costs without reducing the quality of your remodeled kitchen. Will you be staying in your home for more than five years? So the ideal end goal is to create a kitchen remodel that you and your family will love. Then, make sure that your investments in kitchen remodeling are fully focused on building an updated infrastructure. But the task of remodeling your kitchen is still a simple footnote in the long list of things you should do. The average cost of kitchen remodeling depends entirely on what kind of products and design you choose.
With careful planning and budgeting, you can create a beautiful kitchen that fits within your budget.
