The Cost of a Kitchen Remodel
A moderate kitchen remodel can cost around $69,000. This amount can vary widely and depends on your area. The most expensive part of a kitchen remodel is cabinets. Other expensive items include new appliances, countertops, and flooring. To get a ballpark cost estimate, consider buying stock models. They can save you thousands of dollars. And while you may not be able to get the exact design you want, they are usually a great deal cheaper than custom models.
Average cost of a moderate kitchen remodel is about $69,000
A moderate kitchen remodel includes replacing or updating key fixtures such as countertops and electrical outlets. In addition to cabinets, the kitchen will receive new lighting, flooring, and wall treatments. Plumbing costs can add up, but there are plenty of options for reducing them. A new faucet can brighten up a kitchen at a relatively low cost – about $920 – and will be worth four percent of the remodel’s total cost. Other options include custom cabinetry, designer faucets, and high-quality flooring.
Depending on your needs and budget, you can upgrade your kitchen with an expensive kitchen island, granite countertops, high-end appliances, and custom cabinetry. A moderate kitchen remodel can be completed within a budget, so you should get several estimates before deciding on a remodeling plan. You may also want to add new lighting fixtures or paneling to give the room a more elegant and traditional feel.
Cost varies greatly by region
The cost of a kitchen remodel varies considerably depending on the region. In Phoenix, Arizona, many homeowners have a small to average-sized kitchen. A mid-range cabinet line may be a better option. Quartz countertops are also a popular choice due to their durability and resale value. A tile backsplash will also add texture and color to your kitchen. Several factors will affect the price of your kitchen remodel, including its location, size and style.
If you want a more open floor plan, the cost of your kitchen remodel will be significantly higher. The demolition of a load-bearing wall will require additional work. Additionally, you’ll need a new support beam. This can add several thousand dollars to your project. Also, consider whether you plan to stay in your home for at least five years and have enough cash to splurge on more high-end finishes.
Cabinets are the most expensive part of a kitchen remodel
Of all the expenses involved in a kitchen remodel, cabinets are by far the most expensive. They account for an average of 29 percent of the overall budget, which can be as much as $6,670 for a simple renovation. Custom cabinetry is not cheap, but assembling stock cabinets can save you a lot of money. Also, consider refacing your current cabinets to keep the cost down. And don’t forget about the cabinet hardware. Cabinet hardware can quickly add up to a major expense.
In addition to cabinets, countertops are another significant cost. They will cost the most if you opt for marble or granite. Laminate and tile countertops will be less expensive than solid surfaces. Another small but crucial part of the kitchen is the backsplash. The material you choose will depend on the cost. While tile is typically the most expensive option, a simple painted wall will save you money. Considering the importance of this part of the kitchen, cabinets are an investment.
If you’re planning a kitchen remodel, you’re probably wondering how much it’ll cost. The good news is that there are several ways to keep costs down, but you can start by setting a budget before you begin. Once you know how much you’re willing to spend, you can create a wish list of the different components you want. Once you’ve set a budget, you can begin your search for a kitchen remodeling contractor. The National Kitchen and Bath Association offers a guide on the value of a kitchen remodel.
The cost of installing new appliances varies, but generally costs between $500 and $3,000. Energy-efficient and more environmentally friendly products will cost more, but can result in lower energy bills and less waste. For a smaller budget, you might opt for built-in appliances, which blend in with the cabinetry. Sinks, faucets, and dishwashers can cost anything from $200 to $1,500. Adding a new kitchen island can be expensive, too.
Flooring is a good investment in a kitchen remodel
If you want to get the most bang for your buck in a kitchen remodel, consider upgrading your floors. Kitchen floors have heavy traffic, spills and dirt that can easily damage other types of floors. Vinyl flooring is an affordable and easy-to-maintain option that replicates the appearance of virtually any material. Other options include tile, concrete, wood, or cork. Each one has its own benefits.
If you’re on a budget, you can choose laminate flooring instead of wood or stone. While it’s less durable than hardwood, laminate is easy to replace. Laminate flooring is also super sustainable. It replenishes itself much faster than hardwood forests. Although bamboo may be more expensive than other kitchen flooring options, it will last a long time. There are several pros to installing laminate flooring. The biggest benefit is that it is very easy to maintain and doesn’t require a lot of upkeep.
Getting multiple quotes from contractors
If you’re planning to update your kitchen, it’s a good idea to get multiple quotes from contractors in your area. Ideally, all of the quotes you receive will be similar. If one quote is extremely high, be on the lookout for scams. On the other hand, if one quote is extremely low, you may have chosen a bad contractor. Keep in mind that high-end contractors have higher overhead and equipment, so you should expect higher prices.
While getting multiple quotes from contractors for a kitchen remodel will save you money, be aware that some steps may require professional help. For example, running new wiring, moving gas pipes, and installing plumbing require professional help. Some projects may even require permits and are illegal for a do-it-yourselfer. It’s important to get several estimates because a single contractor’s quote may be quite different from another’s. It’s also important to remember that a contractor’s prices will fluctuate significantly depending on the number of fixtures, materials, and finishes you choose.