Embarking on a kitchen remodel is an exciting project – but one that can get expensive fast if you’re not careful. Here are some tips to make sure you end up with your dream kitchen, and still with money leftover to through a great celebration party!
- Decide how much you want to spend, and stick to it.
Setting a budget for your kitchen remodel and staying within it sounds so obvious and simple, but it’s harder than you think. Figure out how much you can afford to spend, and talk with your contractor to discuss what’s realistic.
- Know how the costs will break down.
Labor will consume anywhere from 20 to 35 percent of your project costs. Cabinets can also devour a big chunk of your kitchen remodel budget.
Here’s how it breaks down, on average:
35 percent: cabinets
20 percent: labor
20 percent: appliances
10 percent windows
5 percent: fixtures
3 percent: fittings
7 percent: other
- Set aside 20 percent of your budget to handle the unexpected.
You’re going to encounter surprises in your kitchen remodel, especially in an older residence. There are all sorts of budget-busting surprises lurking behind the walls or under the floor.
Give our office a call for a quote on your kitchen remodel today!