How Much Does a Kitchen Remodel Cost?

Home remodeling is a popular topic. This makes sense because making improvements to a home makes it that much more comfortable to live in, meaning that homeowners have clear incentives to engage in remodeling when they feel that the expected benefits outweigh the expected costs. For that matter, it should be noted that this is true for people besides the homeowners as well, meaning that remodeling can have a very noticeable impact on the home’s value on the real estate market. With that said, it is important to note that different remodeling projects have different effects, meaning that some remodeling projects tend to offer better value than others.

Why Is a Kitchen Remodel So Important?

In particular, the kitchen tends to be a room in which remodeling projects offer great value relative to their cost. Primarily, this is because the kitchen sees so much use. Simply put, there isn’t a person on the planet who can survive without eating and drinking on a regular basis. Certainly, there are some people who will eat out most of the time, which has a corresponding effect on their kitchen usage. However, said individuals tend to be the exception rather than the rule, meaning that most people can expect to make a fair amount of use of their kitchens over the course of their lifetimes.

This is important because a better kitchen makes for a better kitchen usage experience. In turn, this means that kitchen remodeling offers increased value versus the remodeling of something that won’t see anywhere near as much use. Comparison-wise, there are very few categories of remodeling projects out there that can match kitchen remodeling projects when it comes to this particular consideration, though there is an excellent example in bathroom remodeling projects.

With that said, kitchen remodeling is also useful because there is a remarkable range of possibilities out there. Whatever people’s needs and whatever people’s budgets, chances are good that they can find something that suits them when it comes to kitchen remodeling projects. After all, even something as simple and straightforward as replacing the doors on the cabinets can count as a kitchen remodeling project, though there are much more complicated, expensive, and time-consuming possibilities out there as well. Unfortunately, while this is great for people looking for something to spend their time on, there can make it rather difficult for them to gauge the costs of a hypothetical kitchen remodel.

What Might a Kitchen Remodel Cost?

Bankrate states that most homeowners will spend somewhere between $12,594 and $33,118 on their kitchen remodeling. However, the average number works out to around $21,751. In some cases, minor kitchen remodeling projects can be completed with a budget in the low thousands. In contrast, more extravagant kitchen remodeling projects can hit $50,000 before proceeding on.

There are numerous factors that can influence the cost of a kitchen remodeling project. For example, an extensive change is going to call for the services of an architect, whose services can cost somewhere between $60 and $125 on an hourly basis. Something that can quickly add up. Likewise, someone who isn’t sure about what they want but is curious about the possibilities might want to call in the services of a kitchen designer, who can help them realize their own desires by providing their expertise and experience. Unfortunately, kitchen designers don’t come cheap, seeing as how their services go for somewhere between $40 and $75 on a hourly basis. As for the actual people who will be responsible for carrying out the kitchen remodeling, well, suffice to say that interested individuals can end up paying somewhere between $300 and $500 for the contractor, which isn’t actually counting the $150 to $250 for the additional people who will be helping out with the remodeling.

Due to this, interested individuals might want to set a budget for what they are prepared to spend on their kitchen remodeling project. For that matter, if the amount of the value added to their home’s price on the real estate market is an important consideration, they should set their budgets based on what they can expect to add so that they won’t overshoot by paying for more than what they will see in home appreciation. It can be tempting for people who are overloaded with choices to just go for whatever seems best to them, but for most people, that is a very impractical choice because the sheer range of options out there means that they are likely to overshoot their expected benefits very fast. Something that is particularly true because there comes a point when the luxuriousness of kitchen features can actually make it more difficult to sell a home because most homeowners won’t need them, which will make for a longer sale time as well as a potentially smaller profit because of reduced competition.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Fred Wilson
20 Things You Didn’t Know About Fred Wilson
joel greenblatt
20 Things You Didn’t Know about Joel Greenblatt
Katie Nixon
20 Things You Didn’t Know About Northern Trust’s Katie Nixon
Mark Zekulin
20 Things You Didn’t Know about Mark Zekulin
Identity Theft
10 Identity Theft Techniques to Watch Out for in 2020
Bank of America
Choosing The Right Bank Account for Your Child: 5 Suggestions
Debt
The Document That Protects You Against Debt Collectors
10 Ways Millionaires Manage Their Money that You Don’t
The 20 Best Places to Live in Ireland
Jacksonville Beach
The 20 Best Places to Live in Jacksonville
The 20 Best Places to Live in Dallas
Seattle Waterfront
The 20 Best Places to Live in Seattle
The 10 Best Seafood Restaurants in Las Vegas
The 20 Best Things to do in Maui for First-Timers
The 20 Best Hotels in Galveston, TX, in 2019
The 20 Best Things to do in Montreal For First Timers
Best Large Hybrid SUVs
20 Best Large Hybrid SUVs for 2020
Best Cadillac CTS Models
The 10 Best Cadillac CTS Models of All-Time
2020 Chrysler Pacifica Hybrid
The 20 Best Affordable Plug-In Hybrid Cars for 2020
2020 Toyota Tundra
The 20 Best Pickup Trucks Heading into 2020
The 20 Best Bulova Watches of All-Time
The 20 Best Ball Watches of All-Time
The 20 Best Victorinox Watches of All-Time
Samsung Galaxy Watch Active
The 20 Best Samsung Watches of All-Time