Your kitchen is the hub and heartbeat of your home. So many memories are created there, such as delicious meals, holiday celebrations, and fun parties. When it comes to where you should focus your home remodeling efforts, your kitchen is the cash cow waiting to be milked. There’s a good reason why kitchen remodels are so popular—they have the most sizable payoff for boosting your home’s resale value.
But that boost comes with a lot of elbow grease attached to it—as well as a large price tag. The average price for a kitchen remodel is almost $22,000, with the range between around $12,000 to $33,000. That price can vary depending on how large or small your kitchen is, how much or little you change the layout, and what kind of materials you choose to use.
For example, if you choose to do a smaller scale project, to just paint walls, reface your cabinets, and install a tile backsplash, that can set you back at least $10,000 to $15,000. On the higher end, you could have custom cabinetry, granite counters, luxury appliances, and hardwood floors. That kitchen remodel could cost you $30,000 or more.
So, after you’ve determined how extensive your kitchen remodel should be, you should then search for a reputable San Diego kitchen remodeling contractor. You’ll collaborate with contractors and builders to develop a plan which should include work and payment schedules. Then you can take a closer look at the details that will affect your overall cost.
If you’re looking to cut some savings you should know where most of the kitchen remodeling costs come from. The National Kitchen & Bath Association states that almost 30 percent of kitchen remodeling costs will go to cabinets and hardware. Installation takes up 17 percent of remodeling costs, appliances and ventilation costs are 14 percent, and the cost of countertops is 10 percent.
Following those top four costs are flooring (7 percent), walls and ceilings (5 percent), lighting (5 percent), doors and windows (4 percent), faucets and plumbing (4 percent), design fees (4 percent), and other costs (1 percent). So cabinetry can be the first place to look if you’re wanting to bring the costs down for your kitchen remodeling project. Instead of choosing custom cabinets, consider stock cabinets instead. Installation costs equal labor costs, so you should see what could you possibly do on your own.
Another important thing to consider when thinking about a kitchen remodel is where you live. You want your kitchen to not be too dull and understated nor too showy and overstated in comparison to other houses in your neighborhood. When reselling your home, you must think about potential buyers who are making comparisons to other homes in your area. Also, when making design decisions, remember that your kitchen should reflect the best parts of your home while complementing it.
As San Diego home builders, we want to help you with building your dream home, to remodel your home, or to build on a new room. Contact us today to learn more about us. We’re looking forward to speaking with you.