Your home is your biggest investment, which means you’ll want to make sure it’s the best it can be. Whether it’s for your comfort or to drive its value so you can sell and make a profit from it, it’s crucial to keep your home in a good state, which may sometimes involve remodeling.
One of the areas in your home that will benefit most from remodeling is the kitchen. Affectionately known as the heart of the home, the kitchen is where you prepare meals, take them together, do chores, and spend time with other members of your household. However, if you aren’t careful, a kitchen remodel can far exceed your budget. Here are five factors to consider that impact the cost of your kitchen remodel project:
Type of Kitchen
The type of kitchen you want will impact your remodeling expenses the most. Whether you want a high-end luxury kitchen or a simple, economical one will ultimately define the kind of furniture and materials you’ll buy, so it’s essential to consider this aspect carefully. For example, if you aren’t fond of cooking, it’s best to keep your kitchen small and simple. However, if you spend a lot of time there, whether cooking or entertaining, you’ll want to invest in good quality appliances.
Size and Configuration
Another factor that will significantly impact your kitchen remodel costs is the extent of configuration you want. If you plan to retain your kitchen’s floor plan, appliances, plumbing, lighting, and other fixtures, then this is the least costly way of remodeling the space, known as “pull and set.” If you want to change the configuration but not the size or structural elements like the location of windows and doors, you’ll have a higher bill. However, wanting to change all of these will incur the most costs, which you’ll need to account for when preparing your budget for the project.
Type of Flooring
Flooring heavily impacts a kitchen’s look. Luckily, it’s one of the cheaper upgrades to make, as it depends on the flooring material you use. Natural stone, designer tile, and hardwood floors often cost more than laminate, basic tile, engineered wood, or faux stone floors but are more durable. The great part is that unless you go for opposite ends of the price spectrum, the floor type you choose shouldn’t impact your remodeling expenses too much.
Kitchen cabinets provide a stylish but practical way to store items like pots, pans, utensils, and other cooking tools. They also greatly influence your kitchen’s aesthetics since there are various types and grades of cabinets you can choose from. Unfortunately, that also means they play a significant role in your kitchen remodeling costs.
There are three main categories of kitchen cabinets: stock, semi-custom, and custom. They all come in different construction grades, with fiberboard, unfinished surfaces, particleboard, and poor quality hardware at the low end. On the other side, you’ll find durable, high-quality wood, furniture-grade plywood, thick veneers, and sturdy hardware. You’ll also find features like soft-close doors and drawers, special interior storage options, and adjustable door hinges, although they’ll cost quite a bit.
Type and Size of Countertops
The countertop material and amount of countertop area you want will affect your remodeling cost by a moderate to a large amount, depending on what you select. Most homeowners prefer natural stone kitchen countertops, such as granite or marble, in different grades and thicknesses. That means they come at various price points, which means you can find one that suits your budget best. If you’d like to keep costs low, avoid imported stone, which can be very expensive.
Remodeling your kitchen can be an exciting process, although you’ll have to make sure you’ve carefully planned your budget to accommodate what you want most in the space. Considering these factors will give you a better idea of what to expect in kitchen remodeling costs, helping you set your expectations and plan accordingly.
BMR Homes is one of the best kitchen remodeling companies in Homewood, AL. We help property owners reduce their carbon footprint as much as possible by providing restoration and remodeling options that are environmentally friendly and cost-effective. Contact us today for a consultation!