How Much Is Kitchen Remodeling in 2022?
When looking at national averages, you will find that the typical kitchen remodeling cost of a medium-sized space can range from $21,000 and up, depending on the scope of work and whether or not you are planning a rip-and-replace remodel. This estimate includes materials, labor, general contractors, and overhead costs.
What Is a Realistic Kitchen Remodeling Cost?
Don’t have thousands to spend on your kitchen remodel? You can easily reign in the kitchen remodeling cost overall by setting a realistic budget and perhaps editing what you want done.
What is your overall home value? What kind of products and materials do you want to be included in the remodel? This all goes toward the overall kitchen remodeling cost, making $20,000 a realistic budget for everything.
You also need to keep in mind that a kitchen remodel yields an estimated 71 percent ROI, so it is definitely something worth prioritizing. However, remember that you don’t have to completely gut the kitchen and spend all your money on high-end fixtures. Instead, you can stay under $20,000 as long as you focus on what matters the most and avoid overspending.
What Is the Most Expensive Part of a Kitchen Remodel?
The cabinetry is a kitchen remodel item that often costs the most. Some new kitchen cabinets can be as much as $15,000 or more and take between 20 and 40 percent of a homeowner’s budget. Finding the right contractor that offers design and installation services for all your cabinet storage needs is important.
Also, keep in mind that custom cabinetry can be quite expensive. So, if you have a budget, steer clear of custom and go for a Yorktowne cabinet dealer with a variety of much more affordable options.
Affordable Ways to Update the Kitchen
If you want to spend the majority of your budget on new kitchen cabinetry, then there are other areas you can update that won’t break the bank. For example, update your backsplash, add a new light fixture, hang new artwork, or install open shelving.
The cabinetry will add the most value to the kitchen, along with the kitchen countertops and a modern backsplash.
What to Avoid
When planning and determining your kitchen remodeling cost, you want to avoid underestimating the costs involved. Be sure to make a plan and estimate the costs involved before proceeding.
For help with this, contact an expert like those at Cardigan Kitchens and Baths. We can help with your kitchen remodel from beginning to end, making sure it stays affordable.