The 3 Key Factors in Your Kitchen Remodeling Budget
Every kitchen remodel starts with one important decision: the budget. How much your decide to spend on your kitchen remodeling project will determine almost every other decision you make from that point out: from fixtures, to appliances, to the size of the space. Which is why it's crucial to settle on a number that you're comfortable with, and that will get you the results you want. When debating your total spend, remember to consider these three key factors, which will each play into the total cost of your kitchen.
1. The materials. Perhaps the most obvious of the three cost centers, the materials are often what renovators tally up first, and for good reason: they'll eat up as much as 60-70% of your budget. Things like countertops, cabinetry, appliances, windows, and lighting will all need to be accounted for here. But don't forget the little things, either. Cabinetry hardware, plumbing or electrical supplies (if necessary), and even lightbulbs for new fixtures can eat away a large chunk of change, too. The easiest way to ensure these and other unexpected expenses are accounted for? Calculate everything you think you'll spend, then add an additional 10-20 percent for unforeseen materials expenses.
2. The design. The kitchen design, on the other hand, is usually the most underrated cost of a renovation. Many homeowners think they can get by with a standard-issue layout from a big-box store. But oftentimes, that leads to disappointment, both from a functionality and aesthetic standpoint since these designs can't be entirely customized. A talented, trained kitchen designer can not only help you configure a space that best suits your family's lifestyle, but can help you get the look you're after, and provide cost-saving suggestions, so you get what you want without compromising your wallet. Kitchen designers typically charge around 10-20% of the total project cost.
3. The labor. Finally, there's the cost of actually installing the kitchen. Labor costs can account for 20% of your budget, but hiring a reputable team is one of the smartest decisions you can make. A good contractor or kitchen design company will handle all aspects of your project, from coordinating installation dates with the different parties involved, to handling unexpected challenges, and ensuring the quality of the job is up to par. Ask friends and family for recommendations or visit online review sites like Houzz.com to see what other homeowners have to say about a business before hiring them.
Want a place that will help you determine all three costs under one roof? We offer full service kitchen design and installation, including sourcing all materials.