How Can I Reduce the Cost of Remodeling My Kitchen?

Kitchen remodels are the dream projects of many homeowners but few ever get one started. The reason is that remodeling a kitchen is one of the most expensive types of home renovation projects. Minor remodels can cost over $20,000 but costs can vary considerably. What a homeowner will pay for a kitchen remodel depends on factors like the materials required, the extent of the remodel and the contractors used. Your location might have a lot to do with it as well.

Here are some tips for reducing the cost of your kitchen remodel:

DIY as Much as Possible

Youtube is full of instructional videos that can teach you a lot about kitchen remodels. If you are willing to put some effort into your new kitchen, you may be able to handle at least some of it yourself. Basic plumbing like installing faucets and cabinet installation are two aspects of kitchen remodeling that homeowners are often able to do themselves. Save your money to spend on contractors for technical jobs like electrical work or rerouting HVAC ductwork.

Focus on the Essentials

Start with a list of what you need in your new kitchen and then prioritize it carefully. Rule out anything that you don’t absolutely need. Consider revitalizing your cabinets instead of replacing them. Kitchen cabinets are expensive and replacing them can add a lot to your costs. Try painting them or adding a new veneer to the outside. If you do decide to replace rather than to refresh, opt for cabinets made from medium-density fiberboard that you will put together yourself.

Think About Your Return on Investment

If you are remodeling your kitchen to increase your home’s resale value, learn which projects will recoup the most value. Minor remodels typically recoup about 80 percent of their value while major ones bring in around 65 percent.

Keep the Original Footprint

Changing your kitchen’s layout is one of the guaranteed ways to increase the costs. If you keep the overall footprint the same and change the components instead, you should be able to stay under budget. Moving elements like your dishwasher and sink will involve skilled plumbing work, which means that you will have to hire plumbers. Similarly moving outlets will require hiring electricians to rewire your kitchen. Because kitchens are usually designed to suit available space, the present layout may well be the optimal one so changing it could be a waste of money.

Sell Instead of Discarding

If you are getting rid of appliances that still work, find out if you can sell them. Try shops that sell used appliances or list them online. Refrigerators, microwaves, and ovens can all sell pretty quickly and may help you to recoup some of the costs of your new kitchen.

Invest in a Stone Countertop

Spend more on a stone countertop if you plan for it to be your kitchen’s focal point. They cost more than laminate but will enhance your kitchen’s decor and its value. There are numerous options for stone including granite, limestone, and marble. You can also find stone countertops at a range of price points.

If you need help renovating your kitchen and keeping it under budget, contact us right away. We can help.