Remodeling your kitchen is the perfect opportunity to create a design that’s based on your individual needs. Focus on who will be using the kitchen most and how many people will be working in the space at one time. You’ll want to ensure you have room to work and move around as needed, so consider the work triangle in your new layout. You’ll also want to think about a dining area, how often you entertain, and what a kitchen with guests would look like. Our team of kitchen designers can develop a variety of options to ensure your new kitchen perfectly fits your lifestyle.
Interior painting costs more for a kitchen than painting a regular room because of the need to cover cabinets, remove appliances, and remove outlet covers. The walls will probably need to be primed and then painted with a semi-gloss to make the paint last well in such a high-traffic area. Expect painting costs to be around $800 to $1,500 depending on how much wall space is visible.
Older homes might need the whole home’s plumbing replaced due to narrow or rotting pipes, but hopefully your kitchen remodel only requires a minimal amount of plumbing work. Plumbing services include sink installation costs, faucet installation costs, new piping, and often make up less than 5% of your expenses. Each of these services will be billed individually unless you work out a project cost with your plumber.
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.
Are you planning a major kitchen overhaul or a budget kitchen remodel? It can help to have an idea of the depth of your project before you dive in. You may be able to keep costs at minimum if you’re able to do some of the work yourself and don’t need high-end finishes or appliances. However, you’ll need to plan a sizable budget if your project is a gut job or you have expensive tastes.
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.
Speaking of sale price, your expected date of sale has an effect on your total cost. Like I said above, if you plan on living in the home for a long time, don’t be afraid to splurge. After all, this is your kitchen, one of the most trafficked rooms in any house. However, if you plan on selling your house in the near future, say less than three years after the remodel, don’t go crazy with your kitchen renovation.
While most people do not realize this, dishwashers are much more energy efficient than washing dishes by hand. Individuals use too much water and soap when washing their dishes by hand. Dishwashers have been proven to save about 5,000 gallons of water each year and up to $40 on utility bills. This equates to a savings of over $400 during the average life of a dishwasher. Because this easily falls within the average price range of purchasing a dishwasher, it is possible to break even on a dishwasher at the end of its life cycle.
Once you have an idea of your kitchen remodel budget, play around with a loan calculator to figure out your next move. Determine how much your monthly payment may be considering your credit score, how much you borrow and how long you are willing to pay your loan. Also consider how your new monthly payment will affect your monthly cash flow and personal finances overall.