The return on investment for the average kitchen remodel is nearly 75 percent, according to Remodeling Magazine. Proper planning often cuts down on the length of a kitchen remodel by 30 percent. One of the main reasons that there is no one-size-fits-all answer to the question of how much a kitchen remodel costs is because the job largely depends on the extent of your remodel.
The NKBA estimates that a standard 175 square-foot kitchen could take three months to renovate on average. This will give you more space for storage or just easier movement around your kitchen. As you can see in the before-and-after example above, a basic” kitchen remodel, ranging from $35,000 to $55,000, doesn’t have to be a boring one by any means!
If you plan on staying in your home, you’ll have years of enjoyable cooking and entertaining and know you’ve added 75% value of the cost. Materials, for example, will be one of the biggest factors in the total cost of the remodel. Simply stated there are 3 levels of remodeling that we are going to reveal to help you start planning your remodel and expectations.
When talking about a kitchen remodel , I typically refer to three levels: entry-level, midrange and high-end. Extra cost allows you to order these cabinets detailed, including resizing drawers and door fronts; increasing or decreasing cabinet depth. Be sure to research what is really behind the price of your kitchen appliances before making the investment.
The cabinets will consume thirty to forty percent of the total budget for your kitchen remodeling project. This idea will likely cost $3,000 or more but, if it’s in the budget, the addition will be well worth it. The National Kitchen and Bath Association estimates that the top expenses include cabinetry/hardware (29%), installation (17%), appliances (14%), countertops (10%) and flooring (7%).