Therefore, if you’re planning a large kitchen remodeling project, prepare to eat out or even move out. It may sound scary and expensive to move out of your home, but believe it or not, you could end up saving money and reducing the overall completion time. You’re giving the contractor more freedom and space to complete the project faster. It eliminates a lot of cleaning they would have to do if you were occupying the home.
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.
Be Smart About Countertops: Selecting and purchasing new countertops is a big project, but there are ways to simplify the process. If you want new counters, but are worried about how much they cost, then consider materials that look nice but don’t come with a high price tag. Installing ceramic tile is a great choice for a budget-friendly kitchen countertop.
Sadly, most home remodeling projects do not return 100% of your investment. In fact, according to Remodeling’s 2017 Cost Vs. Value report, only one project will return a positive investment (attic insulation). Nonetheless, that doesn’t mean you should skip all remodeling projects. After all, if you plan to live in your house for another 10 years, you will enjoy those long overdue upgrades. You’ll get a higher sale price down the line and a higher quality of life living with a remodeled kitchen.
For those looking to remodel their kitchen within a tight budget there are several options including using an inexpensive countertop material like butcher block, refacing existing cabinets, adding new paint to existing cabinets, replacing existing floors with a laminate or other affordable material. And a fresh paint job can do wonders to refresh a kitchen. Using particleboard instead of plywood where it won’t be seen, doing the demolition of the kitchen yourself and other money-savers can help you get the kitchen of your dreams but without going into debt to do it.
If they’re quality wood and still in good working order, you’re in luck. This is one of the first things I check when sizing up a pre-remodel kitchen, since cabinet frames are the most expensive component of the entire space. It’s quite simple to give salvageable cabinets a face lift. Three common ways to repurpose and save thousands include: adding new doors and drawer fronts, re-laminating fronts and sides, or repainting – which leads us to......Don’t Just Paint – Spray Paint. Have all the cabinets cleaned and lightly sanded, then have a painter come in to spray them. Don’t try to DIY this one; a couple of cans of spray paint from the hardware store just won’t do the trick. A professional spray job can make ugly cabinets look factory-new. And you can’t get the same look by painting or rolling the cabinets yourself.
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.
Plan ahead and determine whether you need to upgrade your electrical board to accommodate a new refrigerator or oven -- which can be $1,000. You may also need to move outlets and fixtures to accommodate a new layout. Plus, you may have outdated outlets that need replacement -- adding $175 to your total. Have an electrician on hand to guide you through the process and be ready to spend about 5 percent of your total on electrical work.
You can begin planning for your kitchen remodel by knowing a rough estimate of where your money will be spent. For a full kitchen renovation, 1/3 of your budget will go to cabinetry, 1/3 will be spent on installation, and the remaining 1/3 is allocated to finishing touches. Finishing touches could be appliances, lighting, faucets, sinks, plumbing, backsplash, countertops, or flooring. Keeping these in mind, you’ll be able to balance your budget and more easily plan your project. For additional details on the cost of remodeling a kitchen, please visit our cost guide.
If you’re thinking about updating appliances or adding new ones, a kitchen remodel is the perfect time to do so, as your cabinet design will be built around your appliance specs. New appliances can give your kitchen a fresh look, but it’s important to choose the right appliances for your needs. If you don’t spend a lot of time in the kitchen, standard appliances might be sufficient. If you enjoy cooking, baking and entertaining, top-of-the-line appliances may be essential.