According to Home Advisor, you should spend 5% to 15% of the home’s value on your kitchen remodel for the best return on investment. For instance, if your home is worth $300,000, then a modest remodel budget is $15,000.Aug 20, 2021
The average cost of cabinets can be around $15,000. Cabinets are also one of the foundational aspects of your kitchen; one that is obviously essential for storage and is required to make a functional space. This is the main reason they are also the most expensive part of your kitchen’s remodel.
When you’re ready to put the remodeled kitchen back together, we recommend this order of steps to complete your renovation:
12×12 Kitchen Remodel Costs
Renovating a 12×12 kitchen runs between $20,000 and $40,000. This is close to the standard size, which is between 150 and 175 square feet.
On average, a 10×10 kitchen remodel costs between $15,000 and $30,000 or $75 to $150 per square foot. Most homeowners spend around $17,280 and $32,803 or $80 to $200 per square foot. Further, the total 10×10 kitchen remodel cost varies depending on various factors. For many homes, a 10×10 kitchen is an average size.
Due to the wide ranging differences in materials and quality, kitchen cabinets cost anywhere from $2,500 to $24,000. However, most new cabinet prices are between $4,000 and $13,000.
The total average cost of installing cabinets is $5,050, while installing countertops costs $3,300. The material is the greatest cost factor, averaging less than $1,200 for laminate countertops and … less than $3,250 for solid surfaces.
Typically Cabinets Come Before Flooring. In most cases, given standard flooring heights, you will install the cabinets before the floor covering. Floor covering, or finish flooring, is the surface that you see and walk on, not the subfloor (under the underlayment) or underlayment (between subfloor and finished layer).
Installing flooring before your cabinets is the best choice for most hardwood floors. When professionals install floors then cabinets, it’s easier to get everything to standard heights. It’s also a safer installation process for your cabinets since you won’t risk any damage to them as professionals install the floors.
A new kitchen can increase home value. … According to Moving.com, a major upscale kitchen remodel returns 53.9% of the money invested. Remodeling your kitchen with mid-range fixtures has a 58.6% return on investment. If you do a minor kitchen upgrade with mid-range fixtures, you’ll see a 77.6% ROI.
5 to 15 percent
“A broad rule of thumb is that you should spend about 5 to 15 percent of your home value on kitchen renovation,” says Dan DiClerico, a smart-home expert for HomeAdvisor, a home improvement platform in New York City. “So, if your home is worth $300,000, you should spend $15,000 to $45,000 on the kitchen.
“Kitchens and baths are by far the most expensive rooms in the house because they are not only finish- and material-intensive (full of countertops, tile, and cabinets), but also carry additional budgetary demands due to plumbing, electric, and mechanical requirements,” says Steve Pallrand of design firm Home Front ..
How much do new countertops usually cost?
On average, expect countertops to range in price from $40 to $100 per square foot installed, according to a 2013 report by Consumer Reports. Granite countertops range from $50 to $250 per square foot, while tile counters can start at as little as $10; butcher block at $30, and solid surfaces at $35.
Most experts agree that generally, the most expensive part of a kitchen remodel is the cabinetry. On average, it will cost you about $15,000 or even more. For many homeowners, such an amount accounts for the vast majority of their budget.