How much is my Kitchen Going to Cost?
Before we go into the details about how much your kitchen is going to cost—know this—it’s a good idea to point out that there really is no set price for a kitchen remodeling, renovation or add-on. Some homeowners can stretch
their dollars and do a lot on a budget of around $500. On the other hand, some homeowners are willing to spend $100,000 on their kitchen without blinking an eye.
Spend what you want, but use the following guide for budgeting a kitchen renovation and you’ll be able to figure out exactly what you want in your new kitchen space—and exactly how much it’s going to cost you in the process.
Cost Breakdown List
Every contractor, builder and designer uses a formulated plan that determines exactly how much they can build with the amount of money they have and it’s called a cost breakdown list. It’s a basic inventory of materials, their prices and how much in labor/parts are going to cost. The following suggestions can help you to fill out your cost breakdown schedule so you can budget your new kitchen perfectly.
Cabinetry - Prices vary depending upon the materials used. All-wood cabinets cost more overall, but they last longer and bring a better return on your investment. Countertops Costs will also vary greatly depending upon the materials used. Choose a durable product like Caesarstone to get a good return on your investment.
Flooring - Stones like marble or limestone are some of the more expensive kitchen flooring materials, but last longer than cheaper materials like linoleum or vinyl.
Appliances - Put plenty of money aside in the budget for all of your appliances if you’re going to replace them all, otherwise you could end up pulling money out of other parts of your budget.
Tradespeople - Finding out how much your kitchen remodeling project is going to cost you when tradespeople enter the picture can be tough. Tracking down all of those plumbers, electricians, painters, tile installers, cabinetry workers, framers and drywall installers that are involved can require lots of legwork. Take your time, get several bids from multiple contractors and find a happy medium between the cheapest and best work.
Permits - More likely than not, you’re going to need permission from your local building department to add-on, remodel or renovate your kitchen space. Never second guess whether or not you need permits to do the job—even if a contractor says you don’t. Call the local building department yourself; explain your plan and rest assured in knowing that you’re not going to get fined for doing unlawful work.
Bathroom - The big question is: are you going to let the long parade of workers in your personal bathroom or are you going to require the use of a portable toilet outside? Either way it’s going to cost you!
Garbage - Piles of cardboard boxes, plastic, construction debris and metal are all bound to be left over from your new kitchen. This is where a homeowner can save themselves some extra cash. Offer your contractor to haul away the garbage (or even to do some of the demolition work) and you could save up to 5 percent off of your kitchen project.
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