How Much Does a Kitchen Remodel Cost?
Kitchen remodeling is a huge investment. Be realistic about what you can accomplish with your current budget, and be sure to consider all costs before committing.
Installing a backsplash can add another dimension to your kitchen and protect walls from drips, spills and grime. New appliances are usually more energy-efficient and come with smart features. They may also save you money on your energy bill.
Budget
Kitchen makeovers are more cost-effective than full remodels, as they typically update the appearance of the space without making major structural changes. However, the level of change that you want and the functionality of your kitchen will also impact your budget. It’s helpful to work with both a designer and a contractor at the beginning of your project so they can help you get better rates on materials and determine which ideas are doable within your budget.
New cabinets account for nearly 30%of the average project budget and can quickly drive up the overall cost if you opt for custom models. On the other hand, refacing or refinishing existing cabinets is an affordable way to refresh your kitchen’s look.
New flooring costs around 7%of your remodel budget and can add both visual appeal and durability to the room. However, if you’re expanding the kitchen’s size and need to reroute pipes, demolition costs will add significantly to the total project price tag.
Design
Kitchen remodels are one of the most popular home renovation projects, but it’s important to evaluate your needs vs. wants before you jump in with both feet. You’ll need to decide what must be incorporated in your new kitchen to improve its functionality and aesthetic appeal and determine whether you can do so without altering the overall size of the room.
If you’re happy with the existing footprint and layout of your kitchen, a minor remodel can be very cost-effective. This type of remodel involves keeping most surfaces intact and only changing their appearance, such as adding a backsplash or painting walls.
Larger-scale remodeling, referred to as major remodels, involve changing the kitchen’s structural footprint and typically require demolition, construction and floor plan rearrangement. This type of remodeling is usually overseen by general contractors and can be quite expensive. However, a major kitchen remodel can also be the most rewarding as it will transform your cooking and dining area into your dream kitchen.
Materials
The type and quality of materials used in a kitchen remodel can have an enormous impact on its cost. For example, replacing a single sink and faucet with new models can add $5,000 to the project cost. However, swapping out all the existing cabinets and countertops for new ones can push that number to $100,000 or more.
Large-scale kitchen remodeling jobs that involve changing the floor plan also drive up costs. These tasks typically require demolition, extension of electrical and plumbing and other work to change the structural footprint of a room.
Small kitchen facelifts, on the other hand, offer a more budget-friendly alternative. These projects often include cosmetic changes like painting the walls, adding a backsplash and replacing appliances and lighting fixtures. They may also include the addition of new storage space, which can increase functionality and reduce clutter. Moreover, upgrading older appliances to energy-efficient models can save you money over time. They’ll also improve safety by bringing your home up to code.
Installation
A full kitchen remodel is typically the most expensive, as it calls for demolition and major rework. It includes re-arranging plumbing and electrical lines, adding or removing walls, a structural change and premium materials like granite counters. These jobs often require building permits and may take weeks or even months to complete.
Replacing countertops can cost between $1,200 and $7,780, but you can save money by choosing less expensive materials or keeping your current counters and simply painting them a new color. If your cabinets are in good condition, you can also save by removing cabinet doors and opting for open shelving instead of buying new custom ones.
New flooring costs around $4,200 and can tie your whole kitchen together. You can save on this expense by going with budget options like tile, linoleum or laminate instead of a high-end hardwood floor. Purchasing energy-efficient, smart appliances can add to the overall project price, but will save you money in the long run.
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