When you think about giving a new look to your cooking area, you’ll eventually face the question of how much does a kitchen remodel cost and will it bleed your finances dry. The general answer to that is “not necessarily,” but to avoid costs spiraling out of control, you’ll have to be prudent with choices regarding some details.
Before we get to the specific prices of cabinets, tiles, manual work, and other related stuff, we must begin with rule 101. The single most important thing is to plan – and plan carefully.
Knowing how much money you have at your disposal for kitchen remodeling (and how much you are willing to spend) is extremely important for your household. So is staying within set limits. High-quality, all-inclusive remodeling usually goes up to around $80,000, so be prepared for that if you decide to change the whole layout of the room. Besides, it can’t hurt to have an emergency fund, just in case.
Costs of renovating can depend on your reasons to do it. You won’t engage in the same amount of work if you plan to up the value of the house before you sell it, as you would if you wished to stay there long-term, which is when comfort becomes a primary concern.
It is very hard to get a precise estimate from renovating professionals. After all, they can’t give it to you without ever seeing the place they have to reinvent. However, they can share some useful info. For example, cosmetic renovation without making substantial changes to the room ranges from $100 to $125 per square foot. Mid-range work that brings some higher-end stuff goes for around $200 to $250 per square foot. Finally, full renovation costs start from $300 per square foot.
Unable or unwilling to give precise estimates, service providers usually direct potential clients to the so-called Cost vs. Value Report published by Remodeling Magazine. That report is issued yearly and combines data from all over the US to offer some form of average prices. Still, those figures shouldn’t be taken at face value, since the report doesn’t include an accurate calculation of permit fees. Expect actual prices to be higher than what is stated in the report.
The general recommendation is to allocate 15% of the budget for the costs of labor. Installation fees will take another 2 to 6 thousand bucks, depending on the size of the kitchen and your wishes and demands. The best thing to do if you want to use the budget to its fullest is to hire a contractor.
Plumbing works may not be necessary if the installations in your home are new. If not, there may be a few things to take care of. Services of a plumber cover installing a faucet, sink, and piping. Faucet and sink may stand at $400 to $900, while piping usually starts at $1,000. Pipeworks are necessary if you decide to move the appliances and elements around.
Right next to the water in terms of importance is electricity, since you probably won’t prepare food on fire. Electricians charge between $50 and $100 per hour, and the job they do is something you’d want to leave to professionals. If your home is older, it probably doesn’t have an amperage to handle modern household appliances. New wiring, with a meter and a panel, can amount to more than $1,000. Also, every new outlet comes at $150 on average.
The amount you’ll spend on the new floor may vary between $1,400 and $5,000, depending on the materials you want to use and the area that needs to be covered. The cheapest materials are ceramic tiles and bamboo, while on the other end of the price spectrum stand hardwood, marble, and concrete floors.
If you wish for any major work to be successfully completed, such as moving walls, you’ll need a permit from the local authorities. The same goes for wiring, mechanical systems, and plumbing. Make sure you have all the necessary permits before the works begin to avoid unpleasant situations. The price of permits ranges from $100 to $900. Your chosen contractor can arrange all the documentation for you, and you should let him do it.
One of the staples of a neat home is a shiny countertop with cabinets above it. Changing a countertop will require money in the range between $2,000 and $4,500, depending on materials used and the size of the area. The functionality and durability of the countertop will also depend on the material you use to make it.
Cabinets are the first thing on many people’s minds when starting a renovation. After all, they are the main staple by which you decide whether you like the space or not. Expect to pay from $3,000 to $8,000 for them, depending on quality. The most expensive ones are custom made, while the cheapest are usually stock products from large retail stores. If you opt to buy cabinets yourself, count on the expenses of installing them, too.
Whether you want to keep your old appliances or buy new ones is a matter of money, as well as your plans for the home. If you’re going to sell it, then buying appliances is a reasonable thing to do. After all, higher-quality stuff will raise the price of real estate. Their prices can vary between a few hundred and a few thousand dollars. Installing them comes at a few hundred bucks apiece.
There is a straightforward way to save some money while remodeling, namely to do as much as possible by yourself. Unless you’re a professional, you shouldn’t meddle with electricity and water, but feel free to make the best out of breaking and taking out the old floor, for example. Cabinets are another thing you can tackle on your own or with the help of a few friends.