Trying to decide on an appropriate budget for your renovation project is one of the most stressful, mind-boggling pieces of remodeling for many homeowners. It’s difficult, if not impossible, to predict the exact cost of a renovation due to the fact that every single project involves unique features, needs, quirks, and problems. Base materials range broadly from the basic to the luxurious and installers may sometimes charge different rates for similar services.
While it may not be the most pleasant part of your project, considering your budget early on is the smartest way to tackle your renovation. Knowing what you have to work with will inform every decision you make, from your building materials to the overall layout of your kitchen. We’re happy to offer the following info to help get you started.
Where To Begin
The average, medium-sized kitchen remodel project costs between $20,000-$50,000. A low-budget remodel may run closer to $5,000, whereas a high remodeling budget is anything upwards of $30,000.
The exact amount varies based on your area, what materials you use, the amount of construction you need done, and what your family can afford. For example, someone looking to gut their whole kitchen, relocate utilities, and take down walls will obviously spend more than someone who simply wants to change out their cabinetry and add an island. Generally speaking, cabinets will take up a little more than a quarter of your budget, followed by new appliances at just under 20%, and countertops at about 15%. If your redesign involves totally replacing one of these three pieces, be sure to budget accordingly.
Emergency Budget
It’s also a good rule to set aside about 10-20% of your total budget for unexpected expenses. Home remodels often reveal all sorts of strange surprises; if you’re ready for them before they come up, your renovation will be able to move along smoothly in the face of adversity.
Estimate My Project
At Countertop Solutions, we love helping families plan a remodel that grants everything they want while staying within the budget they need. For a free, no-obligation quote, drop us a line at the following link. We look forward to hearing from you! https://granitecountertopsolutions.com/request-a-quote/