Most homeowners spend anywhere from $12,500 to $60,400 to remodel a kitchen, with the average price coming in at $36,450. Remodeling a kitchen is not cheap. If you have been thinking about remodeling the kitchen in your home, you may be wondering why it costs so much. Here are a few of the reasons why a kitchen remodel is pricey.
The Things You Can See in a Kitchen Are Expensive
One of the reasons why a kitchen remodeling project is pricey is because the things you see inside of a kitchen are expensive. When you are remodeling a kitchen, you’ll likely be looking to replace cabinets, countertops, flooring and appliances. Each of these items are pricey, so when you combine them all for a remodeling project, the money starts to add up fast.
The Things You Cannot See in a Kitchen Are Expensive
The items you see in a kitchen are not the only things that are pricey. Many things that you cannot see in a kitchen are expensive, including the cost of demolishing your existing kitchen, making structural changes, moving the plumbing for a new kitchen layout, having to have electrical work and even possibly having to have HVAC work done.
The cost for quality, skilled tradesmen can add up quickly. Generally, labor costs can account for 25 to 40 percent of your total remodeling budget.
There Are Hidden Costs
Any time you are completing a remodeling or renovation project, you should set aside money for hidden costs. Once existing items in your kitchen are removed, such as walls or your existing flooring, hidden damage may be exposed, such as rot or mold. These items need to be fixed before any additional work can be completed going forward, and unfortunately, there is no way to know what exists in places that cannot be seen until demolition begins.
Another reason why it is costly to remodel a kitchen is because you have to pay for skilled and experienced contractors to complete your remodeling project. Labor costs alone can account for 15 to 30 percent of your total remodeling budget.
Places to Save
If you are looking to save money on your kitchen remodeling project, consider more inexpensive options. Appliances, countertops, fixtures, and lighting are all areas where you may be able to find areas to trim the budget. Cabinet refacing is another great way to save a substantial amount on your remodel project.
Additional Expenses to Consider
Lastly, don’t forget to budget money for additional expenses, such as having to eat out while your kitchen may not be fully functional. These costs can add up, so you need to budget for these items.
Remodeling a kitchen is not cheap, but it can be well worth it. A great remodeling project can increase the value of your home, increase the function of your kitchen and improve your satisfaction with the look of the space. If you are looking to have a kitchen remodel done in the East Cobb area, contact Quality Craftsmen. Schedule an appointment today to learn more.
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