Kitchen remodeling costs vary by location, user, and design, but in all cases, it pays to shop around and know exactly what options are available. Regardless of your budget, it is possible to find terrific remodeling deals that can add durability and vitality to most any kitchen.
Kitchen Remodeling: Total Costs of Kitchen Remodeling
Major kitchen remodeling can be an intensive project that fuses together many components, including cabinet installation & refacing, tile replacement, appliance installation, rewiring, plumbing, and furniture selection. While some of these aspects make for great DIY afternoon projects, many homeowners simply hire a contractor to handle the entire overhaul. Kitchen remodeling costs with a contractor tend to be higher, but it is possible to receive a super professional job for a fraction of the time and hassle that might be required if you handled everything on your own.
Kitchen Remodeling Costs: Breakdown
Every kitchen, individual, and budget is different, so providing hard and fast numbers of kitchen remodeling is difficult. The average total cost for a major remodeling job hovers around $50K, but obviously some homeowners manage to go well below that while others go way beyond that figure. In most cases, labor represents up to 33% of the cost, so it pays to shop around for affordable materials and designs since these represent 66% of most costs. The following is a break down of kitchen remodeling costs (not inclusive of labor):
- Cabinets (midrange stock): $10,000-$20,000
- Countertops: $2,000-$15K, depending on the area and material
- Tiles and flooring: $1-$40 per square foot, depending on the material.
When you factor in the labor, an average full-scale renovation for a 200 square foot kitchen in Washington, DC approaches $50K. If you live in a bigger city or have a larger kitchen, you can expect the total price to rise accordingly.
Kitchen Remodeling Costs and Home Value
In this current housing market, do not expect kitchen remodeling to dramatically boost the value of your home. The projected return on investment, however, changes with the economy. Five or ten years from now when the market fully rebounds, you may indeed get most if not all of your money back. This is especially true if you invest in quality materials like stone tiles, wood cabinets, and marble countertops. These additions, however, all require higher initial outlays.
