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[Infographic] 5 Kitchen Remodel Budget Tips

Posted by The Kitchen Shop on May 27, 2020 2:58:59 PM

Remodeling your home is a fun and exciting step to take as a homeowner. Whether you’re looking to improve the value of your home, updating existing appliances, or just want to improve the overall functionality of your kitchen, a kitchen remodel can make a huge difference in the way your home looks and feels. While it is an exciting time, it can also be a stressful situation if you haven’t properly budgeted. Instead of being stressed out, make sure that you can enjoy the process by following these easy tips to help make budgeting a breeze. Keep reading to learn more! 

5 Kitchen Remodel Budget Tips:

  1. Determine a Realistic Budget Before Hand
  2. Understand Your Space
  3. Do Your Research Before Hiring
  4. Keep Your Receipts


5 Kitchen Remodel Budget Tips

Determine A Realistic Budget Before Hand

Before you start on any home renovation project it's important to make sure that you’ve fully budgeted for it. Many times, materials, labor costs, and unexpected expenses come up and without properly understanding how much all those will cost, it can lead to major aspects of stress and anxiety. Find out the cost of materials, appliances, and anything else that you may be replacing. You will also probably want to add a bit of stretch within your budget. Unexpected costs can arise and you want to make sure that you’re not financially putting yourself in a bad situation. It’s better to be safe than sorry! 

 

Get your remodeling budget breakdown with our renovation calculator!

 

Set Your Splurge Items

Everyone has that one aspect that they consider a must in their kitchen remodel. Perhaps it's the new granite countertops, a reading nook to drink your morning coffee, or a motion sensor faucet. No matter what you’re looking to get out of your kitchen remodel, set a list of items that you are willing to splurge on versus those that you could settle for a less expensive option. If you’re unsure of what you should splurge on, think about what you use most in your daily life. 

Understand Your Space 

Before you start, understand your current space. Unless you’re planning on expanding or knocking down walls, understanding your kitchen initially can help you determine how and what you should do with your remodel. You may be surprised to know what you do and do not need. 

Do Your Research Before Hiring

Like any major project, do your research, especially before hiring. Labor costs can add up, which means that saving your money by doing small DIY projects here and there may be the difference between getting your dream kitchen and settling on a cheaper alternative. Ask friends and family members, read customer reviews, and speak with companies before you fully commit. You want to make sure that you’re giving yourself the best options for your home

Keep Your Receipts

Make sure to keep all your receipts and contracts after your remodel has been completed. If for some reason you are unhappy or realizing that there are issues in your current home, you want to make sure that you’re getting the most out of your remodel. After all, you’ve spent so much time and money, you should make sure that your kitchen is exactly what you wanted! 

 

We hope that you’ve found these tips and tricks helpful. While some of these may seem like no-brainers, they can truly make a world of a difference. If you’re looking to remodel, The Kitchen Shop has everything that you need. From appliances, countertops, plumbing fixtures, and more, we want to help you improve your space! Connect with us today to get started on the kitchen of your dreams! 

 

Topics: Kitchen Design, budget tips