Kitchen Renovations: What is the Total Cost?

Whether your kitchen is big or small, renovations can be expensive. Typically, most home builders recommend only spending as much for your kitchen remodel that you would expect to make back if the home is sold later on. So, if you are planning on selling it in the next five years or so, build a more palpable for buyers. However, if you aren’t planning on selling it for quite some time, there’s no reason to not make it something that is personal to you!

The Total Cost of a Kitchen Renovation

According to Home Advisor, the average kitchen remodel can range from anywhere between $12,000-$34,000. This, of course, depends on the size of your kitchen and your desired goal. Before you can decide what your desired goals are, you need to create a realistic budget. How much are you willing to spend? What is reasonable for your financial situation? Before you can meet with a contractor to get the ball rolling, decide what your budget is.

From there, you can then take a look at your desired goals. Some of the things you should consider are:

  • Layout and Placement: If you are looking to renovate your kitchen, what are you planning to change? Spend wisely, but determine what your budget can allow for. Do you want to knock out a wall and create an open concept? Or keep things the same? Discuss your room layout with a contractor and see what your options are.
  • Color Changes: Are you planning to change many things in your kitchen? The backsplash? The hardware? If you are changing the wallpaper/paint color, keep in mind that the changes you make need to coordinate. Plan things ahead! Don’t get caught up in a disorganized renovation. 
  • Hardware and Material Costs: In today’s market, materials are expensive! If you are hoping to create a specific design that needs certain colors, remember that some designs are more expensive than others.

Talk to Your Realtor 

If you are renovating your home with the intention to sell, speak with your Realtor first! You may not need to do much to get your home market-ready. They can walk you through the selling process and guide you through the steps to get your home on the market!

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