Besides the budget, cost of materials and price to hire a pro, there are other factors that greatly affect your total kitchen renovation cost. Return on investment (ROI) is key with not only kitchen remodels, but any remodel throughout the house. Furthermore, your general taste, how long you plan on living in the home and general kitchen remodeling trends can all increase or decrease your total kitchen renovation cost.
If you plan to remain in your house for years, then you should consider splurging on items like new countertops, appliances, cabinets and flooring. The fact you'll be living in the house for years to come means that you could save money on repair or replacement because they last longer. It also means that you continue to find value in their repeated use. If you plan to live in your house for years or decades after the renovation, there's no point in spending money and only making small changes.
If you decide to do a major change and rearrange your appliances, you will have to relocate the pipes. This often involves getting new pipes – installing additional pipes costs about $1,100 – and connecting them to the main line. This also means spending more on labor and, in some cases, hiring a plumber. Plus, you might have to get a permit from the city. These building permits could cost up to $800 if your contractor gets it for you.
When estimating the cost of a kitchen remodel, there are various factors to keep in mind. The most important include budget, longevity, and what other homeowners in the neighborhood are doing with their spaces. By planning around these factors, it's possible to come out with results that meet expectations, last for a long time and recoup most of their original cost in the resale.
Minor remodels aim to preserve the kitchen’s existing footprint while refreshing its overall appearance and usability. The significant changes are usually budget-friendly fixes like painting the walls, adding new flooring and buying energy-efficient appliances, since the customer isn’t selecting top-of-the-line materials or products. Cabinetry is often a lofty expense, but minor remodels opt for money-saving measures like refacing the existing cabinets or selecting entry-level cabinets, which are mass-produced and ready-to-install.