How much does a kitchen renovation cost and how to save
The kitchen may be the most popular room in your home, but that doesn’t mean it’s the most popular. Constant foot traffic means outdated features are still visible, calling for replacement. But can you afford it?
The amount you can expect to spend on updating your kitchen depends on where you live, the people you hire, the materials you select and the extent of the change you have planned, between other.
Here’s how to prepare for this popular home improvement project and some tips on controlling costs.
How much does a kitchen renovation cost?
The cost of a kitchen update can vary widely. Data from a report by Remodeling magazine put a minor renovation in 2019 at around $ 22,500 and a significant around $ 66,200. But data from the National Kitchen and Bath Association shows renovations involving an average of $ 48,000 to $ 90,000, depending on the size of the kitchen.
Cabinetmaking is the biggest expense, according to the NKBA. “Cabinets are the workhorse of the kitchen,” says Tennille Wood, CEO and lead designer of Beautiful Habitat in Denver. “All of the floor plan and the function of the kitchen are built on them. “
Location also plays a big role in renovation costs, Cathy Norman, co-owner of the Kitchen and Bath Design Center in Fort Collins, Colorado, said via email.
For example, labor and materials tend to be more expensive in large cities where wages and transportation costs are higher.
How to plan your kitchen renovation
Determine the goal. Start by asking “What do I do most in the kitchen?” Said Christina Starmer, building contractor at CenterBeam Construction in Jacksonville, Fla., Via email. The use of your kitchen should guide your design choices, from adding an island to where you will hide the trash can.
Then ask, “Will this countertop, tile backsplash, or flooring be timeless?” Starmer said. Unless this is your forever home, steer clear of styles that might not be trendy in a few years.
Create a budget. Make a list of must-haves and must-haves, and work with a professional to assess them. Instead, replace items that waste money, like inefficient appliances, or make your kitchen look dated, like a stained floor. Only when all the essentials are within your budget should you splurge on this warming drawer or built-in wine fridge.
Once you have a design and a budget, stick to the plan. Customers often want to add things when the contractor is already in the house, Norman says. Soon, what started out as a simple kitchen remodel becomes a much bigger project.
“A minor kitchen renovation recovers about 80.5% of its cost in increased home value.“
Think about the return on investment. Keeping it simple often means more bang for your buck, especially if you’re renovating to increase resale value.
A minor kitchen renovation, which includes refurbished cabinetry, new flooring and a few updated appliances, recovered around 80.5% of the cost, according to Remodeling Magazine. A major remodel, which can include custom cabinetry and all new appliances, yielded about 62.1% of a higher home value. With that in mind, decide how much work you need to do to get the results you want.
Do your research. Finding the right contractor and the right materials requires some homework. Take the time to:
Read credible reviews of products, materials and professionals.
Get quotes from multiple contractors.
Find out about past projects, including the final cost and how long they took to complete.
Contact previous customers to find out if they were happy with the experience.
Make sure contractors are bonded, licensed, and insured (if necessary) by asking your local building department or national consumer protection agency before hiring them.
Tips to make your kitchen remodel more affordable
1. Keep the same layout
Don’t move existing plumbing if possible, Starmer says. Moving a sink to the opposite wall can mean pulling up your kitchen floor to move the drain line, for example. The same goes for moving electric or gas stoves, which often add a full day’s work.
2. Keep it simple
If new cabinetry is a must, choose ready-to-assemble or in-stock models instead of custom options. And resist fancy additions like cabinet and drawer dividers, vertical spice racks and countertop garages. “As beautiful as these things can be, they add a big expense when you’re on a budget,” Starmer says.
Use a similar approach with devices: Efficient, consumer products often cost less than their professional-grade counterparts without sacrificing performance or attractiveness.
3. Do a little yourself
If you have the time, tools, and know-how, renovating parts of your kitchen yourself can cut costs. For example:
Remove old cabinets, countertops or appliances before the contractor arrives to reduce labor and disposal costs.
Pick up materials instead of having them delivered to eliminate shipping costs.
Paint the walls or door and window frames yourself rather than paying someone else.
Be sure to share your DIY aspirations with potential contractors to find out if they are comfortable leaving certain parts of the job to you.