Planning a kitchen renovation can be exciting, but if it’s the first home remodeling project you’ve done, you may not know where to start. By creating a budget before you hire someone to do the remodel, you’ll know what to expect, what design ideas are top-priority, and how to deal with renovation surprises.
How Should I Budget for My Kitchen Renovation?
1. Think About What You Want
Before calling a contractor, and before you decide on a total number for your budget, think about the designs and changes you want to make. If you're completely overhauling the flooring, cabinetry, countertops, appliances, and fixtures, this will probably cost more than installing new cabinetry and a backsplash. Order your design ideas from most important to least, so you'll know which ones you can remove if your budget can't provide for all the changes you want.
2. Set a Number
The average cost of a kitchen renovation can range from $20,000 to over $120,000, depending on the scope of your project. With that in mind, decide how much you can afford to spend. Think about how long you plan to stay in your house, or how much value a kitchen renovation will add to your home if you decide to sell it.
3. Leave Room for Unexpected Costs
Kitchen renovations can uncover surprises that need to be dealt with, especially in older homes. Your contractor may remove your existing cabinets to find mold growth, or remove the flooring to reveal damage from termites. Prepare for the worst by setting aside around 20% of your budget to take care of these costs. It's better to have that portion available, rather than need it at the last minute and not be able to afford necessary repairs.
When you’re ready to remodel your kitchen, call Kitchen Living, LLC in Marlborough, CT. This full-service kitchen remodeling company has over a decade of experience, and their team of experts will ensure you’re informed and completely satisfied with every step of the kitchen renovation process. Call (860) 819-5847 to get started with a consultation, or view their services online.