10 Things to Know Before Renovating a Kitchen
Each year, Americans spend a collective $400 billion on home renovation projects – and one of the most popular projects also happens to be the heart of the home. Yes, we’re talking about the kitchen. Over the years, kitchens have become much more than just a space to prepare and eat meals, but a central gathering space to host guests and entertain. And when you throw in the fact that kitchen renovations done right can boost a home’s value by as much as 30 percent, you can see why it makes sense.
But getting a kitchen remodel right is easier said than done. In this post, we’ll discuss some of the key things you should know about a remodel – from budgeting to appliance installation – before you break ground on a kitchen project. Here’s a look at what you need to know:
10 Things to Know Before Renovating:
1. They Can Be Expensive
Kitchen renovations are one of the more expensive home improvement projects you can do. In fact, the average cost for a mid-range, full kitchen remodel is more than $60,000. More upscale renovations can cost more than $100,000. Before you start any renovation project, let alone a kitchen, it’s important to ensure you understand the costs to budget accordingly.
2. Working Smarter Can Save You Money
You can apply the concept of “working smarter, not harder” to kitchen renovations. One way to achieve this and keep your budget in check is to keep the kitchen layout as-is. This way, you won’t have to move electrical outlets, vents and more.
3. Follow the ‘One-Third’ Rule When Budgeting
One way to budget is to use the “one-third” rule when it comes to estimating your project. That is, put one-third of your budget toward cabinets, another one-third toward all other appliances and finishes, and the final one-third toward installation and labor costs.
4. Budget for the Unexpected
While you and your contractor can do your best to account for all costs, the truth of any major renovation project is that there are likely to be unexpected costs you’ll come across. The last thing you want to do is have to find more money or significantly alter your plans. Hence, it’s suggested that you budget an extra 3 to 5 percent of your total anticipated budget for the unexpected.
5. Expect to Spend A Lot on Cabinetry and Other Hardware
We noted above how you can expect to spend about one-third of your project budget on cabinetry and another one-third on other appliances and finishes. Combined, make sure these two categories of items combined don’t eclipse two-thirds of your total project budget, unless you’re comfortable increasing the budget.
6. There’s More Than Just Stock Options to Choose From
Many homeowners are under the impression that their only options with cabinetry are refinishing them or buying stock options from the store. However, ordering custom and semi custom kitchen cabinets is another possibility, and a good option for property owners that really want to zero in on the style and color of their cabinetry. When you order custom cabinetry, you’ll be able to select from options such as wood type, door style, color and more.
6. Are You Able to Move Out?
For intense kitchen projects, many property owners will opt to move out of the home during the project. This can ensure they’re not without key amenities and can also help streamline the renovation process.
7. Don’t Budget Too Much Toward Your Project
Most experts say that a kitchen remodel should cost anywhere from 5 to 15 percent of the total cost of your home. Budgeting too little can lead to an unsatisfied outcome. Budgeting too much can price your home out of the neighborhood range.
8. Make Sure You Have Plenty of Storage
One of the most common mistakes property owners make is not accounting for enough storage. From pantries to cabinets, make sure any storage is as functional as it is practical.
9. Patience is Key
Kitchen remodels may take many weeks to even several months. And if you’re moving outlets, plumbing or ventilation, it could take even longer considering inspections. The bottom line is to be patient.
10. Work with Qualified Contractors
If you’re not able to do the work yourself, be sure to work with a qualified, professional contractor. Get at least three estimates and do your homework to help verify your final decision.
Contact Us Today
For more information on more considerations before a kitchen remodel and to learn about the value of custom and semi custom kitchen cabinets, contact us today.
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