Your Kitchen is ready for a makeover, but you don’t know where to start. Here at Monarch Lane Interiors, Kitchens are our specialty. We are here to help you plan the budget for your Kitchen remodeling project. There are a lot details and considerations to planning this that you will need to consider.
Here are the the essential planning steps when budgeting for your Kitchen remodel.
BUDGETING FOR YOUR KITCHEN REMODEL STEP #1 – DETERMINE THE TYPE OF PROJECT
The first thing to think about is -what type of Kitchen project do you want? Minor Refresh or a Major Remodel?
A. Do you want scrap everything and start fresh with a brand new layout and design? That is a major remodel B. Do you wish to keep some parts of your Kitchen and just update the finishes? This is a minor refresh.
The overall cost for your Kitchen Project will also vary depending on where you live. You can check out this cost vs value report to see what you can expect for minor and major renovations in your area. This report will even give you the national average and the expected resale value for your investment. Make sure to check out what is the going rate for your area.
PLANNING YOUR KITCHEN STEP #2 – PLAN THE POTENTIAL CABINETRY LAYOUT
Planning the footprint of your Kitchen is key when thinking about your project’s budget. If you are doing a refresh project and keeping your cabinets, your footprint is already determined. But if you are starting over with a clean slate, then your cabinetry will lead your renovation costs by about 20-30%.
You might be thinking, well, I have a small kitchen, new cabinets can’t be too much. Even if you think that you have a small kitchen, it is the amount of cabinetry that makes it a small, medium, or large Kitchen. See the examples below for examples on cost of cabinetry.
BUDGETING FOR YOUR KITCHEN REMODEL STEP #3 – APPLIANCE COSTS
Besides cabinetry, your appliances will be the next big spender. Coming in at 15-35% of the total cost of your remodel. If you want to be economical, you can re-use the ones you want and purchase what you need. If you need all new, sometimes you can get bundled rates. But if you want that paneled Subzero Fridge that is in your Pinterest photo, expect to pay $15-20k for that one item alone.
Another cost we see is when a homeowner upgrades their electric stove for a duel fuel gas range. You will need to have a gas line run. This is labor intensive even if you have gas in your home already. While we do this all the time, it is just something to be thinking of while you are putting together your budget and appliances package.
If you keep appliances in their original location, your labor costs stay lower. But if you are moving major appliances and plumbing, you have to expand your budget for additional plumbing and electrical work. So, keep in mind, moving appliances in your footprint will always drive up the budget.
Below you will see appliances in good better and then best. You might have expensive taste!
BUDGETING FOR YOUR KITCHEN REMODEL #4 – SELECTING YOUR MATERIALS
DO YOU HAVE EXPENSIVE TASTE?
CHECK OUT THE 3 BUCKETS BELOW TO SEE WHERE YOU LAND
BUCKET #1 – LOW COST -stocked cabinets, standard overlay doors/drawers, granite or laminate,
4″ granite backsplash, re-using some appliances
BUCKET #2 – MID-RANGE – Semi-Custom Cabinets, Full overlay doors /drawers, Quartz countertop, tile backsplash under cabinet, standard appliances
BUCKET #3 – HIGH-END -Custom Cabinets, Inset or Full overlay doors/drawers, Marble or Quartz, Backsplash Tile to the ceiling, Paneled luxury appliances
You can have whatever you want! It just might cost you. Knowing the type of remodel and the level you are able to spend will help guide your overall budget.
Want more Kitchen Remodeling Advice?
Download our Kitchen Remodeling Project Planner below to get the full guide!
We also offer a Full-Service all included Kitchen Design Package! Click here to learn more!