The kitchen is the most-used room in your home.
This means it should be comfortable and convenient. If it’s not, you might want to consider making some changes (that will more than pay for themselves in the long run). But how much does the average kitchen remodel cost? We’ve put together this guide to show you how much you should expect to spend on your remodel and to help you come up with ways to save money on your renovations.
So keep reading below!
Breaking Down The Average Kitchen Remodel Cost
It’s hard to put an exact price tag on a kitchen remodel. It all depends on the specific details of your project. That said, the average kitchen remodel costs about $25,000. This means you should be prepared to spend about $150 for every square foot of space in your kitchen.
However, this is just an average. You may end up spending thousands of dollars more (or less) on your remodel than this. Here are a few things than can impact the overall cost of your kitchen remodel.
The Size Of Your Kitchen
In most cases, bigger kitchens are more expensive to remodel. The more square footage you have, the more materials you have to buy, and the longer the job will take, which will up the labor fees.
What You’re Changing
Even small kitchen remodels can get expensive depending on what type of changes you’re making. Are you buying new cabinets? Moving appliances? Tearing down a wall and expending the space? These projects will cost a lot more than simply replacing the countertops and swapping out the flooring.
Where You Live
The average cost of a kitchen remodel will go up or down depending on the state or city you live in. Some areas are more expensive than others, so even a minor kitchen remodel will be more expensive than average. Keep this in mind as you’re planning your remodel. You should do some research about the prices in your area before you get started.
Who You Hire
Every construction company will give you a different estimate for the work. It’s worth spending some time researching the contractors in your area and comparing prices. Of course, this doesn’t mean you should hire the cheapest option. Otherwise, you may end up with an inexperienced contractor who doesn’t provide quality services.
Instead, choose a contractor that fits in your budget and has strong referrals, several years of experience, and all the right licensing and insurance.
Will DIYing Help You Save Money on Your Remodel?
It depends. When you DIY your own kitchen remodel, the job often takes much longer (since you can only work on the weekends or after you get home from the office), and you’re more likely to make mistakes. That means you’ll have to spend more money on more materials, and you might have to do some parts of the remodel completely over again.
You’ll also have to buy all the right tools, which can be numerous and expensive. On top of that, if you accidentally break a waterline or mess of the electrical work, you’ll have to call in a professional later to fix the problem. This means you’ll end up paying almost double on the overall cost. Unless you have a lot of experience and have all the tools you need, it’s often better to hire a professional to do the remodel for you.
How to Make Your Kitchen Remodel Cheaper
Saving money on a kitchen remodel isn’t as difficult as you might think. There are several simple things you can do that’ll make the cost go down. Here’s what you should do first.
Put Together a Detailed Budget
Before you do anything else (including planning the design or looking for inspiration online), you should put together a detailed budget. It’s important that this is your first step. Otherwise, even if you’re just looking at kitchen remodel ideas, you might fall in love with something you can’t afford. It’s hard to give up something you love for something cheaper. And if you aren’t satisfied with your kitchen, what’s the point of remodeling it in the first place?
So put together a budget first then start designing and shopping once you know what you can afford. Make sure you include all the necessary expenses when you do this, including things like materials, labor costs, and meals (you’ll probably have to order-in most of your food).
You should also set aside at least 10 to 20% of your budget for unexpected expenses. No matter how well you plan, something will go wrong at some point during the remodel. If you set aside some money in advance, you won’t be taken by surprise later. Creating a budget, though, is only half the battle. Once you have your budget, you have to stick to it! Overspending is easier than you might think, and you can quickly end up with more debt than you can handle.
Take Your Time Planning
You should never rush into a kitchen remodel. Instead, take your time planning. Decide what type of changes you want in your kitchen and find out the cheapest way to make it happen. For example, research when sales happen for certain products or supplies. Waiting a few extra months to buy hardwood flooring can save you hundreds of dollars. If you have to buy everything you need last-minute, it will be much more expensive.
Don’t Change the Original Design (If You Can Get Away With It)
A great way to lower the cost of your kitchen remodel is to stick with the original design. In other words, keep all the appliances, cabinets, counters, etc. where they are.
Why remodel at all then?
You can invest your money into updating your appliances, improve your cabinets, switching out your countertops, and more. Sometimes that’s all a kitchen needs for a major facelift. However, if your kitchen design isn’t practical, try to move as little as possible. Moving things like gas or waterlines can get expensive, so the less you move, the more you save.
Don’t Replace Your Cabinets
Cabinets tend to be the most expensive part of any kitchen renovation. In fact, they can take up half of your budget alone. Because of this, you can save a lot of money if you choose to keep the cabinets you already have. Don’t like how your cabinets look? Try giving them a fresh coat of paint instead. You can also sand them down and refinish them. If you can’t avoid buying new cabinets, shop for ready to assemble cabinets to save some money.
Wait Before You Tear out Any Walls
Do you want an open concept kitchen? Before you tear out a wall, consider making a kitchen cutout instead. This will still open up the kitchen and connect it to the dining or living room, but it won’t cost as much money.
Get Creative With Your Countertops
Granite countertops are usually the go-to for kitchen remodels. But before you go ahead and buy this type of countertop, get creative with your options. You might be able to find a cheaper option that is just as durable and beautiful.
If you can’t give up your granite countertops, consider using different types of countertops in different places. For example, if you have an island, you can use a complimentary countertop material, such as butcher block, to even out the price.
Sell Anything You Don’t Need
Are you replacing any of your old appliances? Instead of sending them to the dump, see if you can sell them instead. You may be able to give them to a second-hand store, or at the very least, you can set up an add on an online site, such as Craigslist. Even if you only manage to sell these items at a low price, it’s still better than getting nothing for them at all. You can use the money you get to make up for some of the renovation costs.
Do the Remodel in Small Stages
If you don’t have a large budget, you can break your renovation up and do it in stages instead of doing it all at once. This will keep the price down and allow you to save up your money between projects. However, this will take a lot of patience. The entire renovation could take months or even years. And it’s still important to come up with a solid plan before you start. If you don’t know what you’re doing in advance, you may have to redo parts of the renovations as you go along, which will waste money.
How to Get the Kitchen of Your Dreams and Save Money at the Same Time
The average kitchen remodel cost isn’t cheap, but that doesn’t mean you have to go into debt over your kitchen remodel. If you follow the tips on this guide, you’ll be able to keep the price down while getting the kitchen of your dreams.
Make sure you spend a lot of time planning and putting together a clear budget. These are two of the most important steps of the remodeling process. If you don’t have a plan or a budget, your expenses can get out of hand very quickly. So be patient and take your time.
Want to make some extra money to cover the cost of your remodel? Take a look at this guide to learn some creative income ideas.