Creating a budget for your kitchen remodel can be difficult, especially since you might not know exactly know how much everything is going to cost for your dream kitchen. However, a budget is necessary if you do not want to go into debt during the entire process.
Here are 5 tips for creating a realistic budget for your kitchen remodel:
Know the Averages
Some people can do a kitchen remodel for less than others, but it is important to know the average that everyone spends. The average seems to be around $30,000 depending on the size of the kitchen and the types of materials that are used.
Save 10% to 15% for the Unknown
Even though you have your maximum budget set, we recommend setting aside ten to fifteen percent of that for unknown expenses. You never know when you might encounter work that isn’t up to code, mold, rotted wood, or more.
Keep the Big 3 in Mind
The three things that will cost the most during your remodel are your cabinets, countertops, and appliances. You may need to make adjustments to what you want if it doesn’t match what you have set up in your budget.
Nix Custom and Think Refaced
If your kitchen cabinets are still in excellent shape, we recommend having them refaced instead of having new custom cabinets installed. This will save you a lot of money in your budget and allow you to do a lot more with your new space.
There are normally some extra expenses during a remodeling project and you will need to account for them as well in your budget. You may not need to move out, since you are just having your kitchen done. However, you will need to account for the possibility of a couple more takeout meals and a few more trips to the grocery store.
Kitchen Remodeling in Phoenix
Having a realistic budget will help you successfully create the kitchen of your dreams when you are remodeling. You will be surprised at how much you will be able to do in your kitchen once you have your budget set and you start working with your contractor on the design. Give us a call at 480-895-3442 if you’re in the Phoenix area and would like to remodel your kitchen with us.