New Kitchen New Costs

The Cost to Remodel a Kitchen

The cost of a kitchen can vary as much as any other major purchase. If you own your own home chances are you know how important your kitchen is. The value of a great kitchen can be made priceless from family memories and social gatherings, or on the contrary, a great kitchen can immediately increase the market value of your home.

Whether you are doing some minor renovations or completely gutting and remodeling your kitchen, it’s always a good idea to research your costs before you start.

Of course there are some key factors to the cost of renovations or remodeling. A new look can mean more money because of the cost of personnel such as contractors, interior designers, and the potentially rewiring your electrical system. In addition to the size of the space you have to work with, the quality of your cabinets and other fixtures matter as well.

The cost of remodeling a kitchen depends on the size of the space and the design decisions you make. For example, completely refitting the kitchen to the highest standards costs considerably more than replacing cabinet doors or adding a few new cupboards.

In general, homeowners spend from $12,594 to $33,118 on kitchen remodeling, at an average of $21,751, according to HomeAdvisor. It may be possible to complete a small job for as little as $4,000, while lavish projects can run more than $50,000.

Unlock the equity in your home to pay for your kitchen remodel. Compare home equity loan rates.

Factors affecting the cost include how long the project takes, your location, whether you have existing units, walls to tear out and whether you intend to complete any of the work yourself.

Doing your own demolition can save money, but you need to take care to avoid breaking pipes or cutting electrical wiring. In many cases, it’s smarter to leave the job to professionals. The costs for each of these professionals can vary greatly depending on where you live and the scope of your project.

Architect: An architect typically charges between $60 and $125 an hour for a project, according to HomeAdvisor.com, though this can vary.

Contractor: The cost of a contractor for a kitchen project greatly differs from that of a handyman. The contractor will have a crew and other expenses that need to be covered, so for a kitchen remodel, you may end up paying from $300 to $500 for a day rate just for the contractor plus another $150-$250 per laborer rather than an hourly rate.

Certified kitchen designer: A certified kitchen designer has proven knowledge of kitchen design and tricky issues, and can provide options you never thought of for your kitchen. The services of a certified kitchen designer can cost from $40 to $75 an hour.

While everybody wants the best quality possible, sometimes it simply isn’t possible.

Furthermore, sometimes it doesn’t pay to go for the highest-quality materials because the amount they add to your home’s resale value is less than the amount you spend on the work.

Materials account for about 80 percent of your budget, so making concessions on which materials you choose is a good way to cut costs. For example, rather than choosing granite countertops, pick less expensive wooden ones. Or, choose chrome handles instead of crystal ones. It’s also possible to cut costs by doing some of the labor yourself with tasks such as painting.

As you calculate your budget, bear in mind how you intend to allocate the funds, including a reserve in case of emergencies or late-stage changes to the plan. Here’s a breakdown of kitchen remodeling costs by percentage of the total budget, according to the National Kitchen and Bathroom Association:

  Percentage of total budget
Design fees 4%
Installation 17%
Appliances and ventilation 14%
Cabinetry and hardware 29%
Counters 10%
Lights 5%
Floors 7%
Doors and windows 4%
Walls and ceilings 5%
Plumbing 4%
Miscellaneous 1%

The benefits of remodeling a kitchen

If you spend lots of time in the kitchen cooking, cleaning, dining, interacting with the family or hosting social gatherings, it’s worth the effort to remodel the kitchen to suit your requirements.

If you’re considering selling your house, potential buyers see the benefits of a well-appointed kitchen space, and this has the potential to boost your home’s resale value.

Disadvantages of remodeling

The biggest disadvantage of kitchen remodeling is the complexity of the project. A kitchen serves many purposes. Envisioning how it should all work together, and then organizing all of the relevant pipework, electrical wiring and cabinetry, is a challenge.

Conclusion

If you’ve always dreamed of a beautiful kitchen for serving meals and hosting dinner parties, a remodeling project might be just what you need to translate your vision into a reality.

Remodeling a kitchen is a complex process because of the presence of electrical wiring, plumbing and appliances, and it’s usually best to leave the work to professionals. Before you start, decide on your requirements and then lock down a budget to prevent costs from spiraling.