There are many good reasons why a homeowner should remodel the kitchen. It could be to raise the value of the home if the homeowners plan to resell later or simply because your old kitchen is feeling a bit dated and you want something fresh. Regardless, kitchen remodels are notorious for going over budget, and
understanding where your money goes can help you stay within your spending limit.
Here are the four line items that tend to take up the majority of your budget.
1. Cabinetry and Hardware
Installing new cabinets can take up to 40% of your entire remodeling budget and rightly so. Your kitchen cabinets set the whole tone for your kitchen, and that’s not something on which you should skimp. Your cabinets will be one of the most used parts of your kitchen, and getting good quality ones will pay dividends in the long run.
2. Countertop Materials
Having a lovely kitchen countertop is essential for any homeowner and allotting between 10% to 30% of your budget is ideal. Your countertop should match not only your cabinets, but your lifestyle as well. For instance, if you do a lot of cooking, you should invest in a heat-resistant worktop like soapstone or granite.
3. Appliances
Our kitchens should match our modern and fast-paced lives. Having a new kitchen with outdated appliances defeats the purpose of the entire kitchen renovation, and a good rule of thumb is to allocate about 20% of your budget to upgrade your appliances. Getting modern appliances with convenient features can make a huge difference in how you spend your time in your kitchen.
4. Plumbing Work and Fixtures
If you are installing new countertops and cabinets, chances are you are replacing your kitchen sink as well. This will, of course, require the services of a plumber to connect it to your main water line. Invest in good quality fixtures, but try to avoid changing the position of your sink as this can lead to major plumbing work, which can then cause you to go over your budget.
Ready to take the plunge and finally get that dream kitchen you’ve always wanted? Let kitchen remodeling pros from STL Design and Build make your dreams come true! Give us a call at (314) 736-5800, or fill out our contact form.
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