Chances are that your kitchen is one of the most important rooms in your home. Not only are kitchens places where you prepare your food, they are also often important family gathering areas. A kitchen remodel can make using your kitchen a more comfortable experience. It can also greatly increase the value of your home, something that you may want to consider if you plan to sell in the near future. Here are three things that you should know when it comes to kitchen remodeling.
How Much It Costs
One of the first things that you will want to discuss with your kitchen renovation contractor is the cost of a remodel. Remodeling costs will vary depending on the extent of the remodel, the size of your kitchen, and the finishes you choose. Most homeowners spend between $12,605 and $35,066 on their kitchen remodel. Average costs work out to $23,834 or $150 per square foot. Cabinetry and hardware account for 29 percent of the total costs on average, with other big-ticket items being appliances and countertops. Installation costs account for an average of 17 percent of the remodeling budget.
Return on Investment
If you are thinking about remodeling your kitchen, you will want to consider your potential return on investment. This is especially important if you plan on putting your home on the market. Typically, you will get the best bang for your buck if you do a minor kitchen remodel. The return on investment for a minor remodel is around 83 percent. Major remodels or upscale remodels tend to offer lower returns. If you are considering this type of remodel, it's important to look at comparable properties in your area in order to determine if other homes have upscale or upgraded kitchens.
Chances are, you use your kitchen on a daily basis. During a remodel, using your kitchen can be difficult or impossible for long stretches of time. Before starting your remodel, it's important to discuss the estimated timeline with your kitchen renovation contractor. How long the remodel takes will depend on the extent of the remodel and the size of your kitchen space. The average kitchen renovation will take somewhere between 4 and 8 weeks to be completed.
If you are considering a kitchen remodel, there are a few key things to keep in mind. First, costs can vary but typically average out to $150 per square foot for a kitchen remodel. Return on your investment can also vary, with minor remodels offering the best returns. Your remodeling timeline can also vary, with the average remodel taking between 4 and 8 weeks to complete.