Renovating a kitchen is one of the largest home improvement projects you can undertake. The process is extremely rewarding, as you can be involved in the design stages and watch your drab kitchen be transformed into a stunning space. Not only will remodeling a kitchen create a functional and beautiful place to prepare, cook, and serve food, but a new kitchen also has the potential to add thousands onto the value of your home.
A HomeAdvisor report found that the average American spends $22,254 on remodeling a kitchen! With so much money on the line, it is essential that you plan your dream kitchen renovation so that the whole process runs smoothly.
Carefully Plan Your Budget
Designer: Summit Signature Homes, Inc.
Avoid making impulse purchases and instead take the time to first carefully plan and set a reasonable budget for the entire project. Realtor Magazine has one of the most comprehensive Cost vs. Value Guides available. The handy online report reveals the average costs for 35 remodeling projects from different regions in the United States. You can use this information to estimate square footage costs for your kitchen renovation; plus, you can calculate how much value it could add to your property.
Designer: Chango & Co. Image via HomeAdvisor.
While savvy shoppers can cut costs on appliances and kitchen products, one area where penny-pinching is a no-no is on labor costs. A poorly finished space will leave you extremely dissatisfied with the finished result. Try to get recommendations from trusted friends and family members for reputable contractors. If this is not possible, then you can search online for testimonials and reviews from past clients.
Once you have narrowed down your results to two or three contractors, you are ready to approach them for quotes for your kitchen renovation project.
Have a Contingency Plan
Designer: Chango & Co.
Image via HomeAdvisor.
It’s common for home improvement projects, particularly kitchen renovations, to go over budget. You can protect your finances by setting aside a certain amount of money to use should the project run over.
A good rule of thumb is to hold about 15%-20% of the total budget cost in a separate account just in case. If the project runs over, you’ll have the extra funds readily available. If remains under budget, you’ll have extra cash to spend on kitchen accessories or your next home improvement project!
Designer: Edward Postiff Interiors.
If you have the finances to fund the entire project without the need to take out a loan, you can skip this step. However, if you need financing then you should first speak to a loan adviser about rates and options that are open to you. Do this plenty of time in advance so that you can get your finances in order.
Secure Building Permits
Paint Color: “Benjamin More Cloud Cover 855″.
Designer: WoodWorks Inc.
In some cases, you will need to apply for a building permit prior to starting work on your kitchen. The permits that are required will depend on the area that you live in and if your home is grade listed or on a historic building register.
If you are unsure if you need a building permit, check with your local council or seek help from a specialist property lawyer.
Be Prepared for Upheaval
Paint Color: “Benjamin Moore Decorators White CC-20″.
Designer: Danenberg Design.
A complete kitchen remodeling project can cause a lot of disruption in the home. Therefore, you may want to make arrangements to stay at a friend’s house or to rent a hotel room during the most labor-intensive days of the project. This will allow the contractors to freely access the kitchen and get on with the task in hand; plus, it will be a much more comfortable experience for you too.
By carefully researching contractors and collecting quotes, you’re sure to get a good price. Follow these simple steps, and you’ll be doing all you can to ensure a successful kitchen remodeling project. Good luck!
What’s your experience with kitchen remodeling? I would love to hear it!
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I hope you’re having a wonderful Sunday. The weather is gorgeous here and I might take a small break and go for a peaceful walk.
Make sure to take a minute for yourself and do something that brings happiness to your heart!
We’ll talk again later!
Luciane at HomeBunch.com
Sources: 1st image: Summit Signature Homes, Inc.