If you’re looking to increase the value of your home, chances are good that you’ve considered having some work done on your kitchen. However, it’s no secret that, no matter how you look at it, most kitchen remodeling projects don’t come cheap. According to national data, minor updates generally cost about $18,500, while total renovations may reach as high as $54,000.
Still, while either of those numbers may be enough to make you cringe, it’s important to remember that—as with anything in life—if you make a point to control your spending, stay in touch with your priorities, and remain flexible, it’s entirely possible to stick to a reasonable budget.
REMEMBER YOUR BOUNDARIES. To start, if saving money is your main priority, then stick to design changes that refrain from modifying the actual structure of your home. Sure, expanding your floorplan or knocking out a spare wall may seem enticing, but it’s worth remembering that these types of changes generally require expensive plumbing and electrical work.
CHOOSE YOUR CABINETS WISELY. Luckily, cabinets come in a variety of makes, colors, sizes, and materials, which helps customers cut costs when necessary. Instead of opting for custom cabinetry, consider standard cabinets or a combination of custom and standard to make things more wallet friendly. Other money-saving alternatives include selecting cabinets without trim molding, single-height wall cabinets, or simply rehabbing what’s already there. The refacing process is relatively simple and can go a long way towards making your entire kitchen look brand new.
THERE’S MORE TO COUNTERTOPS THAN GRANITE. Yes, granite and quartz countertops can add a certain sort of elegance to your home but if you’re working with a limited budget, tile, laminate, and concrete can make your space look just as nice.
Plain and simple, today’s tile and laminates have advanced to the point that they can easily mimic granite and stone without the nauseating price tag. Both come in a wide variety of natural hues that allow you to add your own flair with a variety of patterns, accents, and trim.
FLOORING. Hardwoods are beautiful and they go a long way towards improving your home’s resale value but again, if your main focus is creating something lovely on a fixed budget, then my advice regarding countertops can apply here as well.
Today’s laminate and vinyl can easily mimic high quality tile or wood, and it’s generally easy to install and even easier to maintain.
OPT FOR ENVIRONMENTALLY-FRIENDLY APPLIANCES. Sigh. New appliances are expensive and there’s really no way to get around the upfront cost if you absolutely have to put them in. However, when it comes to things like dishwashers and refrigerators, you’ll wind up recouping some of your money if you make a point to select high-efficiency machines. Over a single appliance’s lifetime, The Environmental Protection Agency estimates that you can save anywhere from $200 to $1,100, which is money worth considering.
In the end, when selecting a contractor to complete your remodel, make sure you choose someone who is fully aware of your budget constraints and is willing to work with you. A great contractor should understand your goals and make every effort to help you achieve them.
If you’d like to learn more about how you can save money on your kitchen remodel, please contact me. I’d love to hear from you.
Mirko Attolini | CRES Builders, Corp. | www.CRESBuilders.com | 770-983-4698