While Remodelling Magazine’s report is very helpful, it is still a very one size fits all approach to establishing a budget. Keep reading if you want to attempt and hone your numbers a little.
Home Value – Consider not only what you believe your home is value, but also the value of comparable houses in your area that already has upgrades. Just enter your address and you get an interactive map with home values and other information recorded on the map. Observe which houses are of similar size to yours, have been bought more recently, but have a higher value, then glance in their windows to see what the home looks like. Ok, seriously, was just kidding. If you do not understand them perhaps it is time to fulfill the neighbours and ask for a quick tour.
Wow – This has everything to do with your goals and motivations. Write down each motivational aspect that is important to you in a kitchen remodel. Here are a few possible examples: Kitchen is falling apart. You love to cook and the design does not suit you. You love to entertain and need to start up the kitchen for a place to collect. You need a kitchen that amuses your guests. You are preparing to sell your house and the kitchen is a sticking point with buyers.
Now that you have your list, assess with Kitchen Remodeler are most important and relist them in motivational purchase. Imagining your budget beginning in the midst is aware of which variables might move up the budget or down. Wanting to redesign to promote a sale might move down the budget, remodelling to wow guest could max out.
Can someone say AGA? – List any must haves for a kitchen remodel to be worthwhile to you. Possible examples: granite counters, an island with an excess sink, another dishwasher, a commercial excellent gas stove.
Variable 5 Size Matters- Determine the percent of your home your kitchen encompasses. A sampling of over 100 modern home floor plans of 1000 to 3000 square foot homes showed the normal kitchen square footage to be 7% of the home’s square footage. If your kitchen is bigger or smaller than this average you might have to increase or reduce your budget accordingly.
Design – If you already know you are going to need the sink moved, an island sink included, an inside wall moved along with an exterior door included, then you want to add cash to your budget well beyond what a simple facelift would cost.
