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Kitchen Remodel On A Budget

Kitchen Remodel On A Budget Kitchen Remodel On A Budget

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The second is how long you plan to stay in your house. If you are planning on selling the home within five years, then your kitchen renovation should be viewed as an improvement on a real estate investment. Only spend what you think you will get back when you sell the house. If you plan on living in your home longer than five years, you should do a remodel that will make you and your family the most comfortable.

Bringing in more and better lighting is a smart move in any renovation, but that’s especially true in the kitchen. Hang well-designed pendants for style and light, and make sure overhead lighting is bright and concentrated in areas where the cook will be working.

Don’t forget the details: adding under-cabinet lighting won’t bust your budget but will make a big impact, says Interior Designer Robin Wilson. 

Labor will consume anywhere from 20 to 35 percent of your project costs. Cabinets can also devour a big chunk of your kitchen remodel budget.

6. Decide whether you’re going to stay in your home while renovations are taking place.

If you have wood floors currently, just refinish them; even if you’re knocking down a wall, you can simply place boards in where the wall was, then sand the existing and new pieces down and stain them together, says Jennifer Gilmer, a kitchen and bath designer in Chevy Chase, Md.

Here’s how to set and stick to a realistic kitchen remodel budget.

What’s most important to you? New appliances? New cabinets? Write down your priorities so if unexpected costs hit your budget, you’ll still get the top things on your list done.

Beautiful details and finishes are key to an upscale kitchen, but they don’t have to cost a fortune. At $750, a backsplash made from stacked-stone panels adds a high-end look for a reasonable price. The gorgeous quartz countertops are a smart investment, since they never need to be resealed and will last for years.

If you catch yourself saying “It would be so great if we added (fabulous kitchen feature here),” stop yourself. This is how budgets get blown. Go look at that remodeling budget you made in step 1, and repeat the number like a mantra. You can live without the little extras.

If you’re getting a loan, factor in costs like interest and loan origination fees. Also, find out when you’ll get the funding from your loan. You’ll need to make deposits with your contractors, and you’ll need to pay for materials up front.

If you have an area Habitat for Humanity ReStore, make sure you check it out for anything you might be using in your remodel. Ask around locally about other similar reuse places where contractors and builders donate or sell their overstock at a discount.

It’s a little bit timing and a lot luck, but if you are there at the right time, you never know what you might find: a woman recently scored a Viking double oven, which retails new for over $5,000, for only $190 at a Traverse City, Mich.

, ReStore.

Even if you have cash in hand, borrowing money at a low interest rate may be smarter than pulling your money from an investment account getting a higher return.

This outdated kitchen is in dire need of some visual interest. Nothing makes a statement in this space, from the stained laminate countertops to the plain cabinets.

If you’re doing more than just painting the cabinets or replacing the countertops during your kitchen remodel, don’t try to save money out of the gate by not hiring a professional to create a design plan.

“Hiring a designer saves you time and money in the long run, so you don’t make expensive errors,” says south Florida-based designer Meredith Marlow. 

A mid-sized budget for a bath redo will probably come in around $25,000. How should you spend that money, and what will it get you?

The remodeled kitchen in HGTV Dream Home 2017 features an efficient layout and a spacious center island.

Setting a budget for your kitchen remodel and staying within it sounds so obvious and simple, but it’s harder than you think.

Modular granite tiles are a great option for creating a a high-end look on a budget. Not only are they easy to install, but they also cost thousands of dollars less than a granite slab. Stylish, aluminum-frame doors breathe new life into the existing cabinets.

Finally, removing the peninsula opens up the kitchen and makes room for a new dishwasher.

After choosing a professional to work with and coming up with a plan for your kitchen remodel, decide on absolutely everything you want in the kitchen, and have it on-site before a single inch of space sees the sledgehammer, says Robin Siegerman, Chief Design and Renovation Officer at Sieguzi Kitchen & Home Inc.

in Toronto, Canada. “One of the factors that sends a budget spiraling out of control is a homeowner picking products during the renovation,” she says. If a product is backordered, the homeowner is often faced with a choice: pick a different item that is often pricier, or wait for their original choice, when their trades people may have other jobs scheduled and the homeowner may be charged extra for the work.

Rather than buying all-new cabinets, custom doors and drawer fronts were added to the existing boxes to create an updated look while saving tons of cash. Recycled glass countertops, a stylish light fixture and an easy-to-install stainless-steel backsplash add contemporary flair.

Another reason to work with a designer on your kitchen renovation: using the existing piping and utility layout will save you big bucks. Justin Riordan says it costs about $5,000 each time you move appliances like a dishwasher, sink or a gas stove. 

The average cost of an upscale kitchen remodel is more than $80,000, but three factors should determine whether you want to spend that much. The first is how much you can afford to spend. Take a look at your finances to determine this number.

Get tips for figuring out how much you can spend on your living room renovation project.

One of the biggest expenses in any kitchen renovation is new cabinets. If yours are in good shape, though, consider keeping them and just giving them a new look. Designer Justin Riordan recommends going bright white when painting cabinets in a kitchen remodel.

“White paint does wonders for outdated cabinets and can save you money,” he says. He recommends washing, then priming and painting cabinets with high-quality white semi-gloss. Adding new hardware will enhance the bright white effect.

Your backsplash may technically be functional and keep food and oils off the walls behind the stove, but let’s be honest: in a kitchen renovation, the backsplash is a style leader. It can be a cost driver, as well.

But Mary Elizabeth Hulsey founder of Mission Stone & Tile in Nashville, Tenn., says it doesn’t have to be. She says rather than turning the corners with your backsplash and carrying it all along the kitchen wall, just finish the tile where the walls meet.

“That ensures you have the tile where it’s most visually and functionally important,” she says. Then you can budget for some really mind-blowing tile in the area behind the sink or stove, and go budget in the other areas around it.

This kitchen’s monochromatic countertops, cabinets and floors all scream “bland.” The cabinet boxes are in decent shape, but they could definitely use a new look.

How much will your master bedroom remodel cost? Let HGTV Remodels’ experts help you plan your retreat while staying within your budget.

Learn to make a spending plan so your renovation won’t be a wallet buster

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3. Set aside 20 percent of your budget to handle the unexpected.

Figure out what you want from your new kitchen with our questionnaire and worksheet

Knocking down a wall and adding a large, arched entryway was a dramatic and cost-effective change for this kitchen, transforming it into an open and inviting space for just $710. A new peninsula provides extra seating, while a chandelier, a glass-tile backsplash and wall decals add a bit of glitz and glamour.

While you can’t always predict those pesky budget busters, you can plan for hidden costs during your home remodel. Expert remodelers share how to prepare.

You don’t have to pay someone else to do all the work. Demolition – taking out the old cabinets, appliances and flooring – is easy to do.

There are many ways to pay for a kitchen remodel, but home equity loans are the most popular because they’re tax deductible. Other options include refinancing, taking out a personal loan or taking a loan against a retirement plan.

Expect nearly a third of your budget to go for cabinets and hardware.

Living someplace else while the work is being done is a good idea and will lessen your stress. Take into account the cost of an apartment or hotel, storage fees and moving fees.

If you stay, there will be a cost to your sanity. You could also set up a temporary kitchen in an adjacent room, and you should add in the cost of doing this.

Architect and designer Jeff Troyer offers important tips on how to account for budget-busting remodeling problems.

The third factor is your neighborhood. Is it modest, or upscale? If you put a ruling class kitchen in a middle-class neighborhood, you’ll lose money on your investment when you sell your house. Don’t over-improve.

Managing the amount you spend on your project is easy if you follow these rules

This outdated kitchen is falling apart — the countertops are barely attached to the cabinets, and the walls are covered with a mixture of chipped blue paint and peeling layers of wallpaper.

With cracked, stained countertops, worn-out flooring and outdated cabinets, this kitchen is stuck in the 1950s. Plus, the peninsula takes up too much space and makes the room feel cramped.

You can get a high-end look with impact details small and large: try adding bun feet to free-standing cabinetry to give it a furniture-feel, or add some beadboard paneling to spruce up an island. Or you can get really creative with a focal point that is less expensive than mosaic tile but packs a big punch, like stacked stone on the back of your kitchen island, like this one from Bill and Jayne Wolf of DreamMaker Bath & Kitchen in Grand Rapids, Mich.

When setting your priorities, think about how important the little goodies like crown molding and a super-luxe faucet are to the overall look and function of the kitchen. The little things add up. There may be a cost-saving alternative, or you may be able to do without the item entirely.

Homeowners offer tips on how to make your kitchen remodel go smoothly.

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Granite and solid-surface counters don’t have to break your bank: Go to granite supply yards and check out their remnants. Especially if you don’t have huge swaths of countertop to cover, you may find yourself a very good deal, says John Gerard, author of Renovate Your Kitchen the Smart Way: How to Plan, Execute and Save Money During Your Kitchen Remodel.

10. Avoid extras. Don’t be tempted to deviate from your budget mid-project.

Don’t let the end pieces and remnants of your own materials go to waste either. Jared R. Fabac, President of 5 Day Kitchens of Hampton Roads in Virginia Beach, Va., says the average project wastes between 5-15% of its material.

If you’re conscientious, however, you can create high-end features like cutting boards from granite pieces or rollout inserts in cabinets from leftover lumber from cabinets, moldings and countertops.

You’re going to encounter surprises in your kitchen remodel, especially in an older residence. There are all sorts of budget-busting surprises lurking behind the walls or under the floor. Like when you rip out your walls and discover your electrical wiring is out of date. Or you pull out your dishwasher and discover the floor beneath it is rotten thanks to a water leak you didn’t know about. Leave some wiggle room in your budget to cover these surprises.

If your cabinets are too outdated to be salvaged even by the snazziest coat of paint, consider if they could be spruced up with some new doors. If the structure is sound, you don’t have to toss out the whole cabinet: just get good measurements and find a style of door you like, and order it online, says John Gerard, author of Renovate Your Kitchen the Smart Way: How to Plan, Execute and Save Money During Your Kitchen Remodel.

It’s a whole new look for a fraction of the price. 

Who would want to cook in such a closed-in space? Short on storage, counter space and style, this kitchen isn’t particularly welcoming.

One of the most important decisions is your budget. Find a balance between what you want and what you can afford.

Put your budget and how much you’re actually spending on spreadsheets so you can keep tabs on how much you are actually spending. If you see a cost overrun starting to happen, you can stop it.

35 percent: cabinets 20 percent: labor 20 percent: appliances 10 percent windows 5 percent: fixtures 3 percent: fittings 7 percent: other

Creative, low-cost updates make this kitchen one of a kind. Inexpensive stock cabinets were styled with glass inserts and a coat of white paint, while a nature-inspired mural adds a ton of character for only $125.

A custom-built walnut and steel tea cart and an exposed brick chimney add even more unique charm.

If replacing tile or vinyl floors, less-expensive options like sealed cork can be a good choice not only for price, but because they are easier on the feet and back than hard tiles and woods.

Face it, you will be eating a lot of meals in restaurants or bringing home take-out food while your kitchen is torn up. Fit this expense into your budget at the outset.

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