How Much Does It Usually Cost to Remodel a Kitchen?
How Much Does It Usually Cost to Remodel a Kitchen?
Are you considering remodeling your kitchen but are unsure of the cost? Learn how to save money on the kitchen of your dreams and how much a kitchen makeover normally costs.
One of the most well-liked and rewarding home renovations is a kitchen makeover. A modern kitchen layout can make your kitchen a more appealing, practical hub of your house in addition to updating it and raising its market value. However, one of the first things that homeowners will think about is the cost; specifically, what they can anticipate to pay and, more significantly, what they can actually afford.
It Matters Where You Live
Not just from state to state, but also depending on whether you reside in a rural or metropolitan location, the cost of remodeling a kitchen might vary greatly. Kitchen renovations in the South are typically less expensive than those in the North and West; for instance, a significant kitchen redesign in the South could cost as little as $20,000 less than one in California.
Remodeling: Midrange vs. Upscale
Remodeling Magazine estimates the national average for a midrange large kitchen remodel to be $66,196 and an upscale big kitchen makeover to be $131,510 in its annual Cost vs. Value study for 2019. According to Remodeling Magazine’s study, that same midrange big kitchen makeover increases to $72,513 in the Pacific area (Alaska, California, Washington, and Oregon) and an upscale major kitchen redesign increases by $11,823 from the national average to $143,333. Compare those expenses to the South Atlantic Region (Maryland, South Carolina, Florida, North Carolina, Georgia, Virginia, and Washington, D.C.), where a major kitchen makeover in the midrange range costs $63,387 and in the premium range costs $126,307. A commercial-grade range, luxury faucets, high-end flooring, and luxury stone or marble countertops can all dramatically raise the cost of a remodel.
According to HomeAdvisor, the average cost to remodel a kitchen ranges from $12,567 to $34,962 and a modest kitchen renovation can cost as low as $4,000, while a luxurious renovation can cost upwards of $50,000.
Spend your money wisely
If you are planning to sell your house within the next five years, specialists in the home building industry advise just investing as much in your kitchen makeover as you anticipate to recoup when you do. The ultimate outcome is to create a kitchen renovation that you and your family will enjoy and create the best memories together if you are planning to spend more than five years in your current home.
What Is The Most Expensive Thing in Kitchen Renovation?
The scope of the renovation will contribute to the cost of your kitchen remodel. Cabinets, which normally consume 25% of your budget, will typically be your highest cost expenditure when remodeling your kitchen. Going for wallet-friendly kitchen cabinets from Ikea or a big box retailer can help you save a significant sum of money. Brass on-trend hardware, for example, is more durable and can give less expensive cabinets a more personalized, expensive aspect. Likewise, spending more on a high-quality faucet rather than a pricey sink will most likely have a significant impact on your remodeling budget. To give a typical cabinet box a more customized appearance, you may also install personalized doors. In order to keep your cabinets organized at a lower cost than purchasing specialized features like pot or recycling organizers, you should think about using adaptable organizers bought from retail outlets.
How to Cut Costs
Simple, clean woodwork will endure better over time and it will be more budget-friendly for you than superfluous adornment such as ornate crown moldings and pilasters.
Labor and appliance prices often take up 20% of your budget each, right after cabinet costs. You may save a ton of money on your remodel by choosing mid-range equipment rather than status-oriented appliances by Sub-Zero, for example.
You Can Both Plan and Save for Surprises
Experts also advise saving 20% of your budget for unforeseen expenses. This amount may include unpleasant demolition findings like water damage, out-of-code electrical work, or other budget-busting surprises. This way, you will have the money to cover these unexpected accidents.
Follow Your Budget
According to what the experts advise, sticking to your game plan and budget as the renovation progresses is extremely important. Your budget can be swiftly outstripped by the addition of extras or more features, which will have a cascading effect on the price.
There are various possibilities for those planning to renovate their kitchen on a limited budget, including using an affordable countertop material like butcher block, refacing existing cabinets, repainting existing cabinets, and replacing existing floors with laminate or another reasonably priced material. Additionally, a kitchen can indeed be revitalized with a fresh coat of paint. You can have the kitchen of your dreams without going into debt by using particleboard instead of plywood where it won’t be seen, demolishing the kitchen yourself, and taking advantage of other cost-saving measures.