how much kitchen renovation costs
A Complete Guide to the Cost of Kitchen Remodeling
Adding a new kitchen to your home or even remodeling an existing one can easily be considered the most rewarding investment in any home. Remodeling your kitchen is a great way to modify the look of this space and increase its resale value. Here is a great piece of question that elicits multiple answers, as the prices will greatly vary depending on several factors, such as the level of work completed on the remodel site and the materials used. In this article, we will show you what is usually included in the average kitchen remodel and how much those items cost on a typical 200-square-foot budget—every renovator’s dream size! If you are considering a kitchen remodel and want to wrap your head around the finances associated with that, refer to this guide by Apex Guider.
The Importance of Planning Your Kitchen Remodel
Unveiling the Cost of Kitchen Remodeling and Why It is Important to Plan Your Budget The National Kitchen and Bath Association (NKBA) models about 1 in 10 families taking on a kitchen renovation yearly. When done properly, a remodel can turn your tired kitchen into an appealing and functional space that becomes the heart of your home.
Before you even start planning, set a realistic budget. This way, you will be able to keep your expectations in check and fend off certain expenses. Kitchen remodels can run up to $14,611–$41,432 for a standard homeowner and an average of around $26,790. You can expect to pay between $10,000 for a minor renovation and more than $130,000 for high-end kitchen upgrades.
Factors Influencing Kitchen Remodeling Costs
An important factor in determining the cost of a kitchen remodel is the size of your space and whether or not you change its layout. But what this is very much about is the area of your share you will probably go towards.
- Cabinets: In general, spending on cabinets is the highest portion (about 25%) of a kitchen remodel budget. Typically, custom cabinets are more expensive than semi-custom and stock cabinets. If you want to go with less expensive ways, refacing or refinishing the existing cabinets will work well as opposed to replacing them.
- Components: Labor and Installation: 20% will be spent laboring. That figure accounts for how much you might spend hiring professionals to demolish the flooring, gut out fixtures, and handle electrical and plumbing work.
- Appliances and Ventilation: Your budget will likely include high-end appliances. While these are great-quality brands, mid-range appliances may have features that offer similar performance in an overall less expensive model.
- Kitchen Countertops and Backsplashes: This is a wide range because of the board you opt to put in your kitchen as countertops. The range is as expansive, from more reasonable materials like tile and laminate up to high-end selections such as quartz and marble.
- Flooring: Flooring can range in cost depending on the material selected, such as vinyl and laminate at the lower end or hardwood and natural stone at the higher end.
- Other Expenses: Lights and Fixtures, Plumbing, Paint (Walls), and any structural updates such as moving walls or updating windows and doors.
Regional Cost Variations
The area you live in can make a big difference in the final cost of your kitchen remodeling project. Kitchen remodels in the South are generally cheaper than ones done in the North or even further west. Remodeling Magazine’s Cost vs. Value report says that a major kitchen remodel in 2020 averages $80,855 and an upscale one would be around $161,797 for the Pacific region where I am located (Alaska, CA, and WA). By contrast, the South Atlantic Region (encompassing Maryland, Florida, and more) weighs in with average prices slightly lower: $77,770 for midrange remodels and $152672 for upscale models.
Tips for Saving Money on Your Kitchen Remodel
There are ways to redo a small kitchen without spending an extended period. With that in mind, here are a few ways you can cut back without missing out on the good stuff.
- A Budget That Works in Your Favor: Industry professionals suggest spending no more on your kitchen remodeling project than the increased value you are likely to recoup at resale—offering a return of no less than 80% if selling within five years.
- Concentrate on the Needs: Zero in to get the things that can include your wonderful worth, for example, really fresh cabinets moved on for the area or overhauled appliances.
- Choose Mid-Range: Select mid-range appliances and materials that are high-quality but also affordable.
- Do it Yourself When Appropriate: Try to do some of the work yourself, like tearing out forests or painting; this may cut down on the number of hours you need from a contractor.
- Budget for the Unexpected: 20% of the budget is kept for things like structural issues or necessary electrical work.
- Stay the Course: During renovations, it’s easy to think of extra stuff that needs doing. Don´t get carried away with the little extras.
Conclusion
A kitchen remodel is a big undertaking and one that should not be embarked on lightly or without regard for the budget. Armed with an understanding of the costs, you can make educated decisions on just how to craft a kitchen that does everything for your household and reduces some corners to meet or come under your spending plan. Tips and Tricks: Appearances Matter, Polymorn Whether you’re making a small tweak or giving your kitchen a full remodel, this guide will do right by offering some insight, according to Apex Guider, on how to better set up the perfect vital area in your dream home.
More Ideas: Follow the Best Tips for Your Home Project That Website Apex Guider Reviewed For You!
2 thoughts on “how much kitchen renovation costs”