Update Your Cabinets & Paint: Not replacing, but updating, refacing or refinishing your kitchen cabinets are all projects that’ll make your kitchen look better without breaking the bank. As you know, your cabinets take up a lot of real estate in your kitchen and set the tone for the rest of the room. A fresh coat of paint, both on the cabinets and the surrounding walls will do the trick.
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.
Building a budget should be your number one concern when planning a kitchen remodel. It determines how much you can accomplish, the materials available, how much professional help you’ll need, and what the final product will look like, among other aspects. If you don't plan appropriately, there's a good chance that you will find yourself in debt by the end of the project or left with a half-finished space after the funds run out.
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.