Kitchen Renovation Cost Factors
If you
dream of custom cabinetry, luxurious countertops and new appliances, you'll
need to work those costs into your total remodel budget. And if your project
involves changing the footprint or rerouting gas and plumbing lines, you'll
likely need to acquire permits or approval from your building's board.
For major
layout changes, including removing walls, dropping ceilings and rewiring
electrical, expect to spend at least $32,000. These transformative projects
require professional design and architecture services and a permit process.
Cabinets
Cabinets
and countertops are often the biggest expense in a kitchen renovation cost.
Avoid going overboard with luxury materials and opt for quality basics that
buyers will appreciate.
Instead of
granite, look for a high-quality quartz with a classic marble look. Ornate crown
moldings and pilasters can eat up your budget, so choose simpler designs that
will stand the test of time.
If
possible, save on labor costs by DIYing projects like painting or refacing
cabinets. This will also help the project stay within your timeline and budget.
If you do decide to outsource, shop around for the best prices and materials.
Look for deals online and locally, including resale stores and second-hand
options. Also remember that new hardware is an expensive component of a kitchen
renovation.
Countertops
Countertops
are one of the most popular upgrades for kitchen renovations and can give your
whole space a face-lift. Laminate, tile and concrete countertops are on the
lower end of the cost spectrum while quartz, granite, marble and soapstone are
more expensive options.
Splurge on
a gorgeous countertop, but be sure to choose a material that reflects the style
of your home and is affordable for you. Also consider that a backsplash is an
inexpensive way to protect your walls and add another design element to your
kitchen.
Opening a
floor plan and changing the layout of your kitchen can significantly increase
your remodeling costs. However, it’s a great way to make your kitchen more
functional and improve the resale value of your home.
Appliances
The kitchen
is one of the most important rooms to get right in a home, and it also adds a
lot of value at resale. If you want to make the most of your investment,
consider upgrading or replacing the appliances, especially the stove and
refrigerator.
A new cooktop
and oven can add a lot of style to the room, while energy-efficient options
save money on utility bills. You should also factor in extras like built-in
coffee and steam ovens to make the space more useful for entertaining.
Some parts
of the renovation, such as painting and wallpaper, can be done by a seasoned
do-it-yourselfer. But you should hire professionals to handle major projects,
such as rerouting plumbing and gas lines. Otherwise, you could run into
expensive and unnecessary problems down the road.
Flooring
Flooring is
another major cost factor that varies widely, depending on the material.
Options include tile, vinyl, linoleum, laminate and natural wood. The best
option for kitchens is durable flooring that resists moisture and stains, and looks
good. It’s also a good idea to consider the resale value of the materials you
select.
A popular
choice is hardwood floors, which are durable and timeless. They can be
refinished to refresh their appearance, and are relatively easy to clean.
Heated flooring can also be a good option for the kitchen, but it comes with a
higher installation cost. Another option is engineered wood, which offers the
look of hardwood at a lower price point and is moisture-resistant. It’s a great
alternative to natural wood and can be refinished a few times.
Lighting
A top-notch
lighting design can add visual interest to a room, but it can also be
expensive. New lighting typically accounts for 5% of the kitchen
renovation cost, and installing an entire light fixture can cost
over $1,000.
Other items
that drive up costs include window installation, sink plumbing and rerouting
plumbing and gas lines. Ornate crown moldings and pilasters can eat up budgets,
too. Consider going with simpler designs to save money.
Finally, a
kitchen renovation often requires a building permit and associated inspections
for work like electrical, plumbing, new construction and controlled demolition.
The cost of a building permit can be $400 to $2,000. Obtaining permits isn’t
always necessary, but it can make the project go more smoothly and ensure that
all work meets local codes.
Comments
Post a Comment