Remodeling a kitchen is one of the most effective ways to raise the overall value of a home before selling or give your home a face-lift. The cost of remodeling a kitchen can vary widely depending on the size and scope of your project, with the national average coming in around $17,000, with most homeowners spending between $12,000 and $21,000. This guide can help estimate your costs and give you a starting point for various upgrades and services.
If there is one thing I’m good at, it’s planning for something. Since I’m not doing much for the actual remodel, all of my planning is going towards figuring out how to work, bake, and eat for 6 weeks without a kitchen. I’ve set up two staging areas: one for work/baking and one for everything else. My house is a disaster. Tomorrow we are going to grill an the contents of our local Costco to freeze for quick meals. I ordered a toaster oven for baking and our refrigerator is in the garage in it’s new (permanent) placement. I’ll keep you posted. Two dumpsters are sitting in my driveway and demo starts Monday. Wish me luck!! 🙂
Homeowners use kitchens in different ways. For those of you who eat out a lot, don’t have children or prefer to go to other housewarming parties may not have use for an open layout or large kitchen island. In essence, if you don’t use the kitchen that often, it may make more sense to invest your money elsewhere in the home (that is, unless you’re selling soon).
Personal loans tend to be a good option for kitchen remodeling projects because you may have a good idea how much cash you need before you start demolition. This is especially true if you’re using a contractor for your kitchen renovation. Once they assess your project and draw up a proposal, you can use that information to compare loan options for the amount of capital you need.
The rate to update a small kitchen is between $5,000 and $20,000, depending on what you install, repair or upgrade. For this room, small is defined as 70 square feet or smaller. You'll have limited options for a project of this size. It's important to set your budget and plan for some DIY work to save time and money. Here are some recommendations for keeping expenses low:
Part of determining that price of your kitchen remodel is the extent of your makeover. Your biggest cost investment for a kitchen remodel will usually be cabinets, which typically eat up 25 percent of your budget. Going budget-friendly on your kitchen cabinets at Ikea or a big box retail shop can save a huge amount of money. On-trend hardware in brass, for instance, stands up better to wear and tear and can give cheaper cabinets a more custom, expensive look. By the same token, splurging on a quality faucet but not necessarily buying a super expensive sink can also make a big difference in your overall remodel budget. You can also add custom doors to standard cabinet boxes to give a more custom look. And instead of spending money on custom features like pot or recycling organizers inside your cabinets, consider using customizable organizers purchased at retail stores to keep your cabinets neat at a lower cost.
You can remove walls and cabinetry if you have the space and the budget to do it. You can even combine this space with the dining room for one large, unified area, instead of having a bar or tall wall separate the two. If you live in a condo, check building codes to make sure you can knock out walls. Also, consult with a contractor, as they could recognize that the wall is connected to a supporting beam.