Kitchen Remodel Budget
You’ve completed your kitchen remodel plan, you have a contractor, you’ve done the research and now it’s time to finalize your budget. It is much more cost effective to make the changes on paper than in the middle of construction. At this point it’s a good idea step back and distinguish wants and must haves, preparing you to make cuts if something has to go. This may be more difficult than you think!
How much to spend?
If you know the value of your home, then experts recommend a full kitchen remodel be budgeted at 10 to 25 percent of the home’s value. You may get the same value for less money by taking advantage of online and factory-direct savings on cabinets, appliance, flooring and countertop, and by doing some work yourself
Your budget must be flexible. It will help to determine alternates for all major purchases. Some areas you will not want to skimp on, but in others you will know how to trim to achieve your overall goal. When estimating costs in a kitchen remodel, know that there are expenses not visible in the final product. Build 20% into each line item to be sure those will be covered
Do the Research
Find out what’s available. Visit showrooms and retailers. Read magazines and search online. Good research will help you define initial costs of products and services, identify bargains, and avoid costly revisions. Set limits on the big ticket items and it will be easier to stay under budget.
Do it Yourself (DIY) or Hire a Contractor?
One of the largest budget line items will be construction and installation. For each project involved, you will have to decide whether to do it yourself or hire a contractor, evaluating your skills, time and tools. DIY projects may require a budget for tools and supplies such as saw blades, nails and sandpaper. If you will use a tool for another project, it may not count against your budget, but you’ll still need to make the purchase.
Find the Bargains
Advance planning will help you trim your budget, especially with large ticket items such as cabinets, appliances and countertops. Do your research, lock in on what quality, brands and colors you want, and then hit the sales. You’ll figure out that there are seasonal sales and short term sales. The best time to buy appliances? In October and November, when new models are coming out. It may pay to delay your final appliance purchase until the price is right.
Let CliqStudios Estimate Your Cabinet Cost
The CABINET ESTIMATOR only requires the layout of your kitchen, rough measurements of the space, and door style and finish to get a range of prices for cabinets. Your total cabinet budget will depend on decorative trim such as crown molding, height of the cabinets, storage features, glass door modifications and other details.Cabinet Estimator
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