Is it finally time to make improvements to your kitchen?
The USDA estimates that homeowners spend $5,000 on their kitchen remodels. Improved efficiency and curb appeal are the most popular reasons for remodeling a kitchen.
You’ve been daydreaming about it, and now you’re wondering how much does it cost to renovate a kitchen?
Keep reading to learn more about the process, and which kitchen renovations are the most popular.
Initial Cost
The average kitchen renovation costs about $20,000. However, the initial cost can be much higher or lower depending on the size and scope of the project. For example, a simple kitchen remodeling may only cost a few thousand dollars, while a complete gut renovation could cost upwards of $50,000.
No matter what your budget is, there are ways to save money on your kitchen renovation. For example, you can do some of the work yourself, or you can shop around for the best deals on materials and labor.
Materials and Appliances
Kitchen remodeling prices can range widely, depending on the materials and appliances you choose. For a mid-range kitchen renovation, you can expect to spend between $7,190 and $23,240 on materials and appliances. If you’re planning a high-end kitchen renovation, your budget could be closer to $30,000 or more.
Cost of Labor
One of the most important considerations when remodeling a kitchen is the cost of labor. Labor for a kitchen makeover typically costs $75 per hour. Costs for materials, setup, and cleanup are included.
Depending on the size and complexity of the job, the overall cost of a kitchen makeover might range from $5,000 to $50,000.
Ongoing Costs
The average cost to renovate a small kitchen is around $5,000, while a larger kitchen can cost upwards of $20,000. Kitchen renovations typically recoup about 60-80% of their cost when the home is sold, making them a wise investment for many homeowners.
It’s crucial to keep in mind the ongoing expenses related to having a freshly redesigned kitchen plan, such as higher utility rates and the requirement for routine upkeep and repairs.
Total Cost
The national average for a complete kitchen remodel price is $20,474. The bulk of the spending will go towards new cabinets and countertops, with appliances, flooring, and backsplash coming in second. The renovation of kitchen remodel cost will also depend on the size of your kitchen layout, with the average being about 150 square feet.
Of course, these are just averages, and your specific renovation will cost will depend on a variety of factors.
Knowing the Cost to Renovate a Kitchen
The price of remodeling a kitchen is affected by a number of variables, such as the size of the kitchen, the materials utilized, the complexity of the design, and the contractor you hire. However, the average cost of a kitchen renovation is between $12,600 and $21,200.
If you’re thinking of renovating your kitchen, be sure to get several estimates and compare them before forming a decision.
And if you’d like to discover more ways to save money and do home kitchen improvement projects yourself, check out our posts.
