The internet is brimming with beautiful photos of kitchen spaces, but while these pictures can be taken for inspiration, it is important that you work up a realistic budget for your remodeling project. Every home and its project is designed differently, mainly depending on the owner’s needs.
As a general rule of thumb, 10% of your overall house budget should be dedicated to the kitchen. The primary features that costs will be contributed towards are flooring, countertops, cabinetry, and appliances. In this article, we will be highlighting some of the factors that you must consider when building a budget for your kitchen remodeling.
Material and surface area are two things that influence the kitchen flooring costs. The cost can range between $2 and $40 per square foot, depending on the kind of surface you opt for. If you are on a budget, options like vinyl, linoleum, and tile are perfect. These materials will cost you around $1 to $8 per square foot, excluding the installation.
On the other hand, if you are going for high-end materials such as natural stones or hardwood, then you may have to shed between $4 and $30 per square foot. Additionally, there are many mid-range options as well that are elegant and durable. These countertop options include concrete, cork, laminate, and bamboo. Laminate floors are a great choice for many clients who are looking for an opulent look that resembles hardwood but is on a budget. Laminate will cost you 50% less as opposed to hardwood.
On average, kitchen cabinets can cost you anywhere between $500 and $1,500 per cabinet box, excluding the installation. Generally, a kitchen has around 30 boxes. You need to consider the overall cabinet boxes the kitchen will include before you can estimate the cost. Additionally, the kind of material you choose will also determine the costs. Typically cabinets are made of wood or laminate. The former material offers better durability and looks elegant and rich. Some of the common wood cabinet choices include cherry, alder, oak, hickory, and maple.
The third important factor to consider when working out cabinet cost is the method of production. Semi-custom or built-to-order cabinetry is more cost-efficient than custom cabinetry. Along with being lower in cost, these cabinets also look great.
The kitchen countertop can cost around $10 to $125 per square foot depending on the material used. Granite is one of the most common counter surface materials for kitchens. However, there are other options that are equally durable and elegant. Other countertop materials include marble, quartz stone, concrete, tile, soapstone, and epoxy. Quartz stone is a cost-effective substitute for granite. The material is scratch and heat resistant, similar to granite. Additionally, quartz also resists bacteria and stains.
A great thing about this material is that it needs less maintenance and looks visually stunning. If you are on a tight budget and can take up a DIY project, then you can try epoxy surface. It is a material with which you can practically get any design and pattern. Additionally, it is also a durable material and will give you a great-looking countertop with little maintenance. If you want to know more about epoxy countertops, you can read on this page.
- Kitchen Appliances
In a new construction home, the home appliance package generally reflects 2% of the budget. Additionally, in a custom home, this will depend on whether you choose a standard appliance package or a luxurious one. A basic appliance package will cost you around $2000 to $4000, whereas a luxurious package would cost you a minimum of $10,000. Additionally, there is a mid-range appliance package that would come around $7500.
How To Save Money On Your Kitchen Remodeling?
If you are looking for a way to save money on your kitchen remodeling project, then there are plenty of options available. Here are some of the ways you can remodel your kitchen on a budget.
- Refresh Your Kitchen Cabinets Instead of Replacing Them
Refreshing your kitchen cabinets is one way to make them look new again without the hassle of replacing them. All you need to do is give your cabinets a fresh coat of paint in their original color or any other that suits your taste. You can also add decorative elements like crown molding, chair rail, and wainscoting for a more elegant and upscale look.
- DIY Countertops
Countertops are the focal point of every kitchen, and they’re one of the most expensive parts to replace. Countertop materials range from granite, soapstone, quartzite, or marble to laminate or tile; costs for new countertops alone can run $1000-$2000 per linear foot. But with DIY countertops, you’ll be able to save on installation expenses because you install them yourself. It’s actually a pretty easy project that just requires time and patience as well as basic tools.
- Refurbish Your Kitchen Appliances
Refurbishing your kitchen appliances is a great way to save money without having to replace them. You can paint or refinish the cabinets, install new countertops and flooring, update lighting fixtures, add energy efficiency upgrades such as motion detectors for led lights in order to cut down on electricity use. Before you buy any of these updates, make sure that they will look good with your current design scheme by taking pictures of what you want to be updated so that you know where all the pieces go prior to installation.
- Add Backsplash
The backsplash, which is basically the border around your sink and stove top, can be made of tiles or stone that matches the countertops you are using. This will give a cohesive look to the kitchen without costing too much money because it doesn’t require installing any new materials into your existing space. The right color counters combined with an attractive kitchen backsplash tile make for a great-looking kitchen on a budget.
- Keep Your Existing Kitchen Layout
One of the best ways to save money on kitchen remodeling is not to modify your kitchen layout. If you have an open floor plan and you’re moving the living room next door, for example, it’s time to consider other ideas. But if your kitchen works well in its current location (and there are no structural issues with that area), then why incur more expenses? Consider rearranging some of the smaller appliances-spaces or cabinets instead.
Remodeling your kitchen can be an exciting task but it also involves shedding a considerable amount of money. Make sure you have a well-planned budget in your hand before you start the remodeling process. This will help you in avoiding any surprises later on.
*Photos by Andrea Davis