A kitchen remodel can be a daunting project for anyone. An updated, well-designed kitchen is one of the best remodels you can complete for your home. It adds so much value by boosting your home’s price and improving the room’s aesthetics.
As the center of your family’s social life, the kitchen is one spot where you want everything to shine. Some remodeling projects are easy, and they can be completed by refacing cabinets or modernizing the hardware. However, many homeowners want a new, updated look with a floor-to-ceiling remodel. No matter what you choose, there will be significant expenses for this project. Here is a look at the most expensive part of your kitchen’s remodel.
How Much Does Kitchen Remodeling Cost?
Before you learn about the most expensive items, you should look at the total costs. For an average 10×10 kitchen, the remodeling project can run between $15,000 and $30,000. In the United States, the average project is in the middle at $20,000. The cost of your project will depend on several factors, including the type of countertops, appliances, and cabinets. Depending on your selections, those costs could be higher or lower than the average price.
The Most Expensive Part of a Kitchen Remodel
When it comes time to remodel the kitchen, you might think the appliances or countertops are the most expensive items. Those items are expensive, but there is another costly part of the project. The cabinets will take up the most costs in your kitchen remodeling budget.
Why are cabinets expensive? Those costs are based on scale. The cabinets take up a large percentage of the space in your kitchen. When you need to replace them, they will be the most expensive and most prominent items on the list.
Many homeowners don’t think much about the cabinets until they need to replace them. Those shiny appliances or gorgeous countertops often overshadow the cabinets. When you are remodeling, the cabinets play a significant role. Today, the average cost of new cabinets is around $15,000.
Cabinets are the foundation of the kitchen. You cannot have a kitchen without proper cabinets. For that reason, they are often the most expensive part of the remodeling budget.
Everything from the labor to the paint will determine the cost of your cabinets. Keep in mind that many cabinets are custom-made, bringing up the cost of the items.
Why should you spend so much money on cabinets? They are a necessity that will often take up half of your total budget. While installing new or refurbished cabinets might seem costly, consider your kitchen remodel as an excellent investment. A kitchen remodel will breathe new life into your current interior spaces. You can enjoy a wonderful place to entertain family and friends. Plus, if you ever decide to sell in the future, a remodeled kitchen will help to boost your resale value.
If you are budgeting for a kitchen remodel, stick to this general rule: it should cost no less than 5% of the home’s value and no more than 15%. Remember those costs when you need to budget for specific items, like the cabinets.
Other Expensive Parts of Your Kitchen Remodel
Now that you already know the most expensive part of a kitchen remodel, consider those other high costs. After the cabinets, you want to place something on top of them. The countertops can be another considerable expense for your budget. While you may want to find something cheap for this part of the project, remember that the countertops can make or break the kitchen’s look.
You want a material that will stand out and complement the look of the cabinets. Don’t choose something that will clash with those items. The cabinets and countertops are like a team. When you replace one, you should think about replacing or refurbing the other. Custom countertops are often made with beautiful natural stone or synthetic materials. For that reason, they can cost just as much as the cabinets.
Next on the list are the appliances. You can expect to pay around $8,200 on average for these components. Installing new appliances will make your home more attractive to potential buyers. When you have the latest products in the house, they can add to your property’s value.
When planning your budget, you always want extra money for miscellaneous expenses. Consider setting aside 5% for decor, lighting, and minor expenditures for your remodeling project.
Remodeling your kitchen is a big project. Before you start, you need to plan for those expenses. Cabinets are the most expensive items, but appliances and countertops can quickly increase the costs. If you want to keep your budget under control, consider working with a professional company to assist with the remodeling project. They can help you choose the right items that will look great in your home. You can have a fantastic remodeled kitchen without any of the hassles.
Marble Concepts Can Help With Your Countertops
Countertops are just one part of the remodeling project, but these components are essential elements. Everyone will notice your countertops, whether they look great or not. For that reason, don’t forget about your kitchen countertops.
At Marble Concepts, we have a full line of materials and natural stones that can help you create a stunning look for your kitchen. Our team will help you choose the right product for your home. When you need granite companies nearby, reach out to us. Schedule your consultation by calling 215-396-7393.
