What is the first question that comes to mind when homeowners decide to begin a kitchen remodel?
The answer, “What will my kitchen remodel cost?”
There’s a reason for this. There are so many factors involved in kitchen remodeling. Which makes it hard to measure what it will really cost you. After all, a kitchen remodel may only include new countertops. At the same time, other kitchen remodels need a complete tear-out and rebuild.
First things first. You should start thinking about your kitchen remodeling budget as soon as you decide you want to begin a kitchen remodel. And if you’re reading this right now, we can assume you’ve made this decision already! The fact that no two kitchen remodels are ever the same makes the question, “What does it cost to remodel a kitchen?” a difficult one. Yet, it’s easy to answer when you do your research. Further, the right information will prepare you to answer this question for yourself. Which is why in this blog post we’re providing you with just that! So you can figure out exactly how much your kitchen remodel will cost you.
Not only will we answer how much a typical kitchen remodel costs. We will also discuss how you can properly budget for your kitchen renovation and more.
You’ll Find The Answers To The Most Common Kitchen Remodeling Cost Questions:
When searching for “What a kitchen remodel will cost?” you’ll come across many reports and articles stating anywhere from less than $10,000 to more than $130,000.
These numbers may be true, but on average, the typical American spends, $24,000 on a standard kitchen remodel. Broken down even further, kitchen remodels usually cost around $150 per square foot. Variables like materials, contractors, and layout changes contribute to any fluctuations.
Above all, the average cost doesn’t help in determining what your kitchen remodel will cost you. In order to figure this out, you’ll need to consider many factors. The scope of your project, the size of your space, and what your remodel will entail.
We’ve broken up the average costs of a kitchen remodel into three different types. This is to help you gauge how much you can expect to spend. The three types are: typical, moderate, and major. These standard types cost anywhere from $15,000 to $130,000+. Check out our Kitchen Visualizer to visualize what your kitchen remodel will need.
A Typical Kitchen Remodel:
When you take on a typical kitchen remodel you’ll need to stick with the current footprint of your kitchen. While making functional, yet cost-effective updates.
These updates improve the overall appearance and capacity of your kitchen. Typical remodel updates include budget-friendly solutions that fix obvious issues. Like updated appliances, new flooring, and fresh paint. Countertops are often installed in a typical remodel as well. That said, countertop materials can range from a high-end quartz to more affordable laminate.
Either one will provide beautiful results when fabricated and installed by a professional.
A Moderate Kitchen Remodel:
Moderate kitchen remodels tend to involve more versatility, extra upgrades, and semi-custom solutions.
They include all that a typical remodel entails and incorporate additional features like a kitchen island and high-end appliances. Further touches may consist of custom light fixtures, backsplash installation, and granite countertops.
A moderate remodel is generally the sweet spot. Where you can stay close to typical remodeling costs or indulge and spend closer to what a major remodel costs.
A Major Kitchen Remodel:
Major kitchen remodels go above and beyond that of both a moderate and typical remodel.
This type of kitchen remodel usually involves luxury additions. Including designer brands and high-end specialty items. Top of the line appliance installation, along with a water filtration system are major remodeling must-haves. Usually, major kitchen remodels will implement innovative storage solutions, hardwood floors, and custom cabinetry.
The sky is the limit with a major kitchen remodel. Often the kitchen’s entire layout receives an update to be a more open floor plan. When homeowners opt for a major remodel, the result is upscale in every way.
Doing research will prepare you with a good estimate of what your kitchen remodel will cost you. Home Advisor offers excellent resources from Home Experts. Resources like, Average Kitchen Remodel Cost are great tools for learning more information. No matter your price range, by doing your research you can prepare yourself for with a good cost estimate. And by working with the right company, you can create the kitchen of your dreams with any budget.
First and foremost, absolutely. Remodeling your kitchen is a great way to invest in your home and offers a major return on investment.
You can expect a return on investment ranging from 58.6% to 77.6%, according to Cost vs. Value Report 2020. But, this depends on the remodel and your remodeling budget.
For what we referred to as a typical kitchen remodel, which will cost about $24,000, homeowners usually see an ROI of 77.6% or roughly $18,000. An investment of around $68,000 in kitchen upgrades, or the cost of a moderate remodel, should see returns of 58.6% or about $40,000.
The ROI is smaller for a moderate or major remodel than that of a typical kitchen remodel. Since a typical remodel usually involves functional and necessary updates. While a moderate remodel may include upgrades that others do not find essential. Additionally, major kitchen remodels, which cost about $135,000, have an ROI of 53.9% or over $72,000.
Smaller-scale remodels do offer a larger return on your investment. But, don’t worry too much about that. If you don’t plan to sell your house right away, you’ll want to design a kitchen that suits you. After all, the kitchen is the most frequented room in your home. It’s where your family gathers, your friends laugh, and your children grow. You want to make sure it’s a room you love, no matter how much it costs you.
Going big on your kitchen remodel is usually the way to go.
Not to mention it will likely result in higher satisfaction, increased functionality, and style longevity. The temptation many face to keep the cost of their kitchen remodel as low as possible is not always the way to go. First of all, it’s important to keep in mind that you may regret not spending more.
Shocking, we know.
But 40% of homeowners who have undergone a kitchen remodel regret cutting costs. Secondly, these homeowners said they wish they spent more money on their remodel, according to a survey administered by the Research for Cooking & Kitchen Intelligence. In this case, the biggest regret these homeowners had was not adding more organizational features.
A beautifully updated kitchen will always be in style. As a matter of fact, it remains one of the biggest factors people consider when viewing homes to buy. Which makes investing in a kitchen remodel, no matter the size or cost, an excellent venture. But, your investment return will depend on many things. Including your neighborhood, the housing market, value assessments, and additional factors. Whether you spend a fortune or not, so keep this in mind.
3. How Can I Budget For My Kitchen Remodel?
Determining your budget before beginning your remodel is crucial to a successful project.
In general, your kitchen remodeling budget will guide you throughout the entire renovation process. It will help you make tough decisions, and provide you with a framework for success.
The good news about budgeting for a kitchen remodel is that there is a standard framework you can rely on.
Which offers a reliable way to distribute funds throughout your budget. Keep in mind that your remodeling budget will depend on several factors. These factors include where you live, your home’s value, professional help, product quality, and more.
For the purpose of starting your remodel, a moderate budget of anywhere from $25,000 to $75,000 is a great place to start. After determining the cost you’re willing to spend on your kitchen remodel, you can distribute your budget to specific products and services.
In order to help you coordinate funds for each category, we’ve broken down the kitchen remodeling budget framework.
We recommend allocating your kitchen remodeling budget like this:
Countertops – 15%
Cabinets – 30%
Appliances – 15%
Labor & Installation – 15%
Flooring & Backsplash – 10%
Electric & Lighting – 10%
Miscellaneous – 5%
4. Where Can I Save Money During A Kitchen Remodel?
We don’t recommend going cheap on your kitchen remodel. But, we do have some essential tips that will help you cut costs!
In order to save money, you’ll want to focus on the top three cost-saving strategies that will give you the most bang for your buck:
2. Cabinet Refacing
3. Remodel In Phases
Do It Yourself.
There are several kitchen remodeling elements that you can do yourself to help you cut costs. After all, a little research and hard work can go a long way. There are many projects you can complete on your own. From installing backsplash and painting to tearing out cabinets and flooring.
One of the best ways to save on your kitchen remodel is by cabinet refacing.
Refacing your cabinets is an excellent way to save. If you’re happy with your kitchen’s current layout, there’s no need to replace your cabinets. Cabinet refacing is half the price of a complete cabinet tear-out and replacement. You’ll be able to achieve a completely new look by refacing your cabinets. In other words, cabinet refacing is one of the biggest factors in increasing the aesthetic appeal of your kitchen. In any case, there’s no reason to replace your cabinetry if your cabinets are in good condition.
You can transform your kitchen with cabinet refacing.
Refacing takes your old, scratched, outdated cabinets and creates a beautiful focal point in your home. We offer cabinet refacing to our customers and find it to be an excellent cost-saving solution.
3. Remodel In Phases
Don’t rush, take your time when possible, and complete your kitchen remodel in phases.
Take your time with your remodel and finish each part of the renovation in different stages for optimal cost savings. If you’re not in any rush to complete your kitchen remodel, you can save by taking it in phases. You’ll be able to have a better idea of how far your budget will go and also have a less stressful remodeling process.
The first phase of your kitchen remodel should focus on an important remodeling element.
For instance, countertops. During your first phase you can remove your old countertops and install new quartz countertops. You can also add backsplash during this phase as well. This shouldn’t take more than a few weeks and you’ll have the exact cost of what you spent on this phase. Then once it’s complete, you can revisit your budget and plan the next stage based on what you’ve already spent. All without having to worry about your countertops. Which are one of the biggest kitchen remodeling cost factors.
5. What Are The Installation Costs Of A Kitchen Remodel?
The installation costs of a kitchen remodel vary depending on a wide array of factors. From the location, products that are chosen, project size, and more.
Yet, you can get a good estimate of what installation will cost for your kitchen remodel. You’ll base this estimate on your remodeling project’s scope and budget.
Installation and labor services typically run about 15-20% of your remodeling budget.
That can put the total cost to install your kitchen remodel at $3,600-$20,000. For a more itemized estimate, you can break this down even further. We’ll dive into the average cost to install each product based on the type of remodel. Which will show you that countertop installation can range from $1,500 to $7,000+. While hardware installation can be between $250 and $650.
When determining how much it will cost to remodel your kitchen, you’ll want to remember a few things.
Remember to compare several quotes, read reviews, and ask questions. You want to do this to ensure you find a company that best fits your needs and budget. To get a quote from us you can contact us directly or use our quote tool.
Designing a kitchen should be a fun and exciting time in your life!
We hope that these tips have made it a bit less stressful.
MKD sells, manufactures, and installs granite, quartz, solid surface, and laminate countertops. We service throughout Michigan, Northern Ohio, and Northern Indiana. For over 70 years we’ve provided kitchen and bath products all across the Midwest. Alongside unmatched professionalism and quality. Please give us a call or send us a message today. We’re here to answer any questions you may have about your countertop project. As well as give you an estimate for your kitchen makeover!
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