Are you planning kitchen renovations and wondering how to budget a home renovation project? One of the most common questions homeowners ask is, "What
Are you planning kitchen renovations and wondering how to budget a home renovation project? One of the most common questions homeowners ask is, “What is the most expensive part of a kitchen remodel?” Understanding the costs involved is crucial to creating a realistic budget and ensuring your project stays on track. Read on to discover which aspects of a kitchen remodel tend to be the most costly and how to plan your finances effectively.
You may have been saving pictures of your dream kitchen from different sources online, but when the reality comes in, you have to adjust your plan accordingly. As you intend to give your kitchen a facelift and enhance its functionality, you would still want to save some money without compromising quality.
There are different aspects of kitchen remodeling. The project involves the floor, sink, faucets, backsplash, cabinets, countertops, appliances, light fixtures, painting, exhaust fan, drywall, etc. The costs of obtaining relevant permits will be added to the project cost.
Meanwhile, you do not have to touch all the items mentioned above due to cost. The average cost of kitchen renovations is between $20,000 and $30,000. The cost of your project will depend on what you intend to include in the project – the price may be lower or higher. Because of that, you should have a budget before embarking on the project.
What Is The Most Expensive Part of a Kitchen Remodel?
If you have received an estimate for your kitchen renovations, you would see that the most expensive item on the list is the cabinets. Kitchen cabinets are usually the most costly item in the list of what the remodeling project entails.
The kitchen cabinets cost about $15,000 and above, which is about 50% of the remodeling project’s average costs.
The cost of new appliances is about $8,000, which makes that the second most expensive item. Also, countertops come third in the most costly parts of a kitchen remodel, standing around $6,000.
Kitchen cabinets are costly to the cost of materials, paint, and labor. Besides, cabinets are usually custom-made, made-to-order to suit the kitchen layout. Due to the need for customization, many factors come into play regarding the cost of cabinets.
Takeaway
Cabinets are unarguably the most expensive part of a kitchen remodel. Meanwhile, if your existing kitchen cabinet is good, you may consider cabinet refinishing or refacing to reduce the cost of the project. And to avoid spending on cabinets during kitchen renovations, you can retain the existing kitchen layout. That will lower the project cost by at least 50 percent.
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