When consulting with a kitchen remodeling contractor, one of the first questions they’ll ask is how much you want to spend on the project. Kitchen renovation costs range from a few thousand dollars to five figures, so determine your absolute limit before work is underway. To ensure you have enough funds to complete the project, follow the below budgeting advice. 

How to Budget Wisely for a Kitchen Renovation 

1. Set Aside Money for Unexpected Expenses 

During the kitchen overhaul, remodeling contractors might run into unforeseen issues that must be remedied before work can proceed. If you have an older home, for example, there could be asbestos that needs to be removed, galvanized pipes that must be replaced, or hidden mold that requires treatment. Earmark at least 10% of the project budget to address concerns that might arise.  

2. Decide How to Allocate the Remaining Funds

Once you’ve set aside a reserve for unexpected problems, determine what percentage of the remaining funds will go toward each aspect of the renovation. The bulk should go to major improvements, such as buying new cabinetry, investing in quality flooring, having major electrical work done, upgrading appliances, and paying installation costs. Lesser amounts can be spent on smaller, discrete purchases, like plumbing or lighting fixtures. Features that offer only aesthetic benefits are fun, but shouldn’t be your main priority.   

3. Find Affordable Alternatives

Once you determine where you’ll spend the most money, start researching options in those categories. When combing through countertop materials, for example, you’ll come across products at various price points. If you like marble surfaces, laminate is less expensive but features similar patterns and textures. Use the money saved toward other aspects of the project. Your remodeling contractor will also recommend high-quality alternatives to more expensive fixtures.   

For professional help with your kitchen makeover, connect with the remodeling contractors at Dahl Construction Company in Bayfield, WI. Since 1976, the team at this family-owned and -operated company has been building home additions, providing renovation services, and offering invaluable design advice. Their expertise will make your dwelling more comfortable and functional for your family — and valuable, if you ever decide to sell. To discuss your project, call (715) 779-3600. Visit the general contractors online to see why you should trust them to tend to your renovation needs.