The Costs of Kitchen Remodeling Projects Today
To boost the value of your home, you should consider remodeling your kitchen. But then, one of the main issues for homeowners is the total cost and expenses of remodeling their kitchens. So, how much does it cost to remodel a kitchen? A lot of homeowners want to get the answer to this question by doing a simple Google search. But things are not that simple because determining how much a kitchen remodeling project costs entails a lot of things worthy of consideration.
For sure, you will be picking up several pieces of information about the costs of a kitchen upgrade project. Besides the costs of a kitchen remodeling project through this budget guide, you will also learn more about budgeting, home value, and other relevant information.
As a start to this guide, you need to get the answer to the question how much does it cost to remodel a kitchen? If you will embark on a kitchen remodeling project, the kitchen remodel cost per square foot ranges from $100 to $250. Thus, you will be spending an estimate amount of $15,000 to $37,500 for your kitchen remodeling project if you own an average-sized kitchen of 150 square feet. However, the kitchen remodeling cost range can vary depending on other factors like the size of your kitchen, what types of changes you want for it, and what materials you will use for the project.
After knowing the average costs of a kitchen remodeling project, you proceed to learn how can I save money on my kitchen remodel? Because the average cost of a kitchen upgrade starts a $15,000 to $37,500, you want to be sure to save money on it. To save some money on you kitchen remodeling project, start by keeping the same electrical setup, avoiding layout changes, and using DIY paint, ready-to-assemble cabinets, and refaced cabinets. These things can help save a bit on your kitchen remodeling project costs while still keeping the quality of your kitchen.
Now, how much does a kitchen remodel add value to home? Based on statistics, 80% of home buyers put high value to a kitchen remodeling project. For this high demand, the regular kitchen remodel can collect about 54% return on your investment. Therefore, selling your property to the highest bidder with your $100,000 worth of kitchen remodel can give you a return amount of $54,000.
It is important for you to also know which part of your kitchen remodeling project demands the most expense from you. In any kitchen remodeling project, the cabinets take up the most expensive aspect of it all. The estimated costs for cabinetry are around $10,000 to $15,000. The costs also depend on where your cabinets will be located, the type of materials you use, and the number of cabinets you need. If you don’t want to focus your kitchen remodeling expenses on your cabinets, you may use DIY paint or reface the present cabinets.