What is the Average Cost of a Kitchen Remodel?

What is the Average Cost of a Kitchen Remodel?

Do you want to remodel your kitchen? If yes, then you are not alone. As a matter of fact, kitchen remodeling is the second-most famous home renovation –according to the NAHB or National Association of Homebuilders. Kitchen remodels account for 78% of projects in 2018.

This actually makes sense if you are going to consider the mere fact that your kitchen is one of the most used rooms at home. It is where you eat, cook, prepare food, prepare family dinner, and more.

However, remodeling a kitchen isn’t a small project. Just like any other kinds of home renovation, kitchen remodeling will cost you money. Let us know what the average cost of a kitchen remodeling is –read on to this article!

Budget then Plan

Before you even start to plan your kitchen remodeling, you should set a budget first. Although it might be tempting for you to bust a large portion of your budget on high-end cabinets, you should resist the urge. The chances are, there might be some unexpected costs that may pop up inevitably, in which you need to cover.

You should start by creating a budget for how much you would like to spend. After that, decide how you will fund this –from your savings, from cash flow, etc. Regardless, make sure that you have the budget set aside before starting work in a fairly liquid and easily accessible account.

Average Cost Of A Kitchen Remodel

On average, remodeling a kitchen may cost you about $24,016 or around $150/ sq. ft. Most homeowners may spend between $12,792 & $35,536 or about $75-$50/ sq. ft. The whole expense may vary depending on the quality of the materials to be used, the size of your kitchen space, as well as whether you want to change the layout of the kitchen.

Furthermore, a smaller project around $10,000 & $15,000 might include refacing cabinets, installing a tile backsplash, painting walls, and upgrading the sink. A renovation that costs more than $30,000 might include installing hardwood floors, high-end appliances, granite counters, and custom cabinets.

For a lot of people, the kitchen serves as the heart of the home. It is where you prepare your meals, eat, and conduct gatherings. There is no doubt kitchen remodeling is very popular and has the largest payoff when it comes to increasing the resale value of a property. Certainly, it is also the most intricate and might be the most expensive. For how much Sydney kitchen renovations cost, check out Houseace.

Costs for hiring a contractor

If you’re looking for an exact estimate on what it will cost to hire a contractor for a kitchen remodel, then first you will need to know what upgrades are the most important and what materials you will be using.

Kitchen remodeling professionals cannot give accurate kitchen remodeling estimates from a distance. It’s hard enough for them to give estimates on-site even when they are familiar with the client and the kitchen. But when a contractor issues an estimate, he or she is dealing with a wide range of often-competing factors. Once you think you’ve got a rough estimate locked down, another factor gets introduced (season, locale, material prices are up, you name it) and everything changes once again.

That being said, there is a middle ground, and this has to do with how much remodeling you want to be done.

Minor Remodel estimates– This focuses on the kitchen’s appearances, without making any major changes to the available space. It can include door replacements, installing new laminate or basic tile countertops, and other items. A minor kitchen remodel costs about $12,000–$21,000 at approximately $100 to $125 per square foot.

Midrange remodel estimates – Like the Minor renovation estimates, this still focuses on the appearance of the kitchen with some extra customization by the client. The kitchen space remains fairly intact. Some of these renovations include new cabinets, cabinet door handles, paint, new countertops, building a kitchen island, light fixtures, tile backsplash, tile or vinyl flooring. The structural design of the kitchen isn’t changed. A mid-range, major kitchen remodel costs about $29,000–$64,000 at approximately $200 to $250 per square foot.

High-End Remodel estimates – Now this is the motherload of kitchen remodeling. In this remodeling, the entire kitchen is stripped to the floor and walls, the floor plan can be changed, the plumbing, electrical work, flooring, appliances, countertops, lighting, tile work, you name it —can all be replaced. This type of kitchen remodels can have big costs. We are now talking big money, 75k on the low end with some estimates doubling that depending on what all is being done.

 

Reface or Replace your kitchen cabinets

If you’re planning a simple kitchen remodel or a complete remodel, making the right decision on what to do about your cabinetry can be a tough one.

Racing has to do with enhancing the appearance of the cabinets and the general look of the kitchen space without having to change the entire cabinets. This comes in handy when you can’t afford to buy brand new cabinets with the latest storage features and styles and your old cabinets are not far gone.

There are three major ways to reface cabinets:

1. Refinish or paint existing cabinet and drawer fronts.

2. Install new wood or laminate veneer over existing cabinet and drawer fronts.

3. Install completely new cabinet doors and drawer fronts.

In all these cases, new hardware such as hinges and pulls helps to complete the update. The interiors of the cabinets can also be sanded, painted or stained for a completely new look.

At the end of the day, you find out refacing is like a mini-makeover and this gives a kitchen a whole new look at a much lower cost than installing all-new cabinets.

In some cases, refacing might not be enough especially if it doesn’t address the issue of a poor kitchen layout. You don’t want to go to the expense of refacing your cabinets and still end up with a nonfunctional kitchen.

Another condition where refacing might not be the best approach includes if existing cabinets are beginning to fall apart or aren’t well built well at the beginning; metal cabinets that are rusting; and larger structural issues, like floors that have settled and left the cabinets out of place. In cases like this, it would be wise to replace the cabinets with new ones while deciding a better layout for your kitchen.

How much does it cost to Install or Replace Countertops

Granite_Countertops

The national average for replacing or installing a new countertop is $3,000, and most spend between $2,000 and $4,500. However, the prices can vary between materials.

Granite -Whoever coined the phrase “hard as a rock” might very well have been thinking of granite. Formed ov-er millions of years from the compressed molten rock under the Earth’s surface, granite is extremely hard and durable and make for a good countertop.

Granite is a purely natural stone that comes directly from stone quarries which is then cut into thin slabs, polished, and fabricated into countertops. Other than the fact that granites are durable, they always come in slightly different in mineral pattern and color, this means that your countertop will be unique.

A granite countertop can range from $35- $150 per square foot and an extra $10-$100 for installation. Yes, the range is huge and it all depends on your contractor, materials and area.

Concrete – Concrete is typically 1.5 to 2 inches thick and costs $50 and $100 per square foot. Suppliers can get these stained in just about any color you choose, and they should be sealed regularly to keep them from chipping. Fun fact about Concrete countertops is with a little artistic talent, you can even create designs in the concrete or cover it with polyurethane or epoxy.

Corian – It is a type of solid surface countertop material. It is a man-made product composed of 33% binding resins and 66% minerals. Corian is commonly priced in the range of about $40-$65 per square foot. Tile – The price range for tile countertops can range from $10-$70. A couple of benefits when using tile countertops include; more design choices than any other material, more sizes, affordable way to get hard surface counter tops. The downside to using tile countertops includes; some tiles may stain, the grout may mold over time or even come out altogether if the wrong tiles are used in the for counters they may even chip and flake off.

Inexpensive upgrades and things you can do yourself

You can create a functional and inviting kitchen your entire family will enjoy without having to break the ban. Below are a couple of upgrades you can do yourself.

Be Your Own Contractor: If you have an understanding of construction then you can be your own contractor and hire out the sub-contractors your self. This alone can save you 10-25% that a contractor would mark up just for being in charge of the job. There are plenty of ways to learn about construction online if this is something you would like to take on.

Let that sink shine -Sinks and faucets are easy and inexpensive to replace. A beautiful sink and faucet can give your kitchen a new look for just a few hundred dollars. Do it your self and save the labor costs for more challenging jobs.

Changing knobs/handles on cabinets – Changing of knobs and handles of doors and cabinets can help improve the look of your kitchen and they don’t cost a fortune. You will be amazed at how much of a difference hardware can make.

Painting – A coat or two of paint or stain allows you to update your cabinets or walls on a budget. Refinish all the cabinets in the kitchen, or focus only on the doors, trim, or shelves to cut costs. Changing the walls colors will freshen up a tired space and can make a huge difference in the appearance. This way you give the kitchen a new look without having to break the bank and you can do it yourself.

Conclusion

If you are deciding to go for a simple kitchen remodel or a complete overhaul, you should have in mind the cost to make better decisions. Whether you live in an expensive city like Chicago or a more affordable place in the suburbs, knowing the cost of your housing and remodels is a huge piece of the puzzle. When hiring a contractor for your remodel project, do not forget to sign a contract with your contractor. Only with that signed contract can you hold the company liable for any errors during the project. Use your own imagination to visualize how a particular layout will look in your home. And don’t forget, you can still improve the look in your kitchen without having to break the bank.