What is the average cost of a kitchen remodel?
Kitchen remodels are one of the most popular, and also the most satisfying remodeling projects one can perform for their home. Not only will it create a more compelling and welcoming central location for your home, but it will also update your home and increase the resale value, should you ever decide to sell the property. The cost for kitchen remodeling can vary wildly, depending on many different factors like the appliances, counter top materials and more.
HomeAdvisor has valued the average kitchen remodel to fall somewhere between $12,567 and $34,962. A small kitchen remodel can cost as little as $4,000, while a more lavish and upscale remodel can exceed $50,000.
In its annual Cost vs. Value report for 2019, Remodeling Magazine puts the national average for a midrange major kitchen remodel at $66,196 and an upscale major kitchen remodel at $131,510. These costs can vary depending on what region of the United States you live in, as well as whether you live in a rural or major metropolitan area.
Part of determining the amount it will cost to remodel a kitchen in your home will depend entirely on the extent of the makeover. One of the most significant costs during a kitchen renovation project will be cabinets, as they are known to consume around 25% of a kitchen remodel budget. There are many options available for a budget friendly course of action, such as preserving some of the budget by purchasing Ikea cabinets, or buying a nicer faucet while spending less on the actual sink you decide to install.
Experts also recommend setting aside around 20% of your budget for unexpected surprises that can arise during the kitchen remodeling process. Often times, during the demo process, unknown issues may come to light such as water damage or electrical issues that are not up to code. It is a good idea to prepare for these types of hurdles by setting aside a portion of your budget dedicated to handling these types of issues, in case they do arise.
HomeAdvisor has valued the average kitchen remodel to fall somewhere between $12,567 and $34,962. A small kitchen remodel can cost as little as $4,000, while a more lavish and upscale remodel can exceed $50,000.
In its annual Cost vs. Value report for 2019, Remodeling Magazine puts the national average for a midrange major kitchen remodel at $66,196 and an upscale major kitchen remodel at $131,510. These costs can vary depending on what region of the United States you live in, as well as whether you live in a rural or major metropolitan area.
Part of determining the amount it will cost to remodel a kitchen in your home will depend entirely on the extent of the makeover. One of the most significant costs during a kitchen renovation project will be cabinets, as they are known to consume around 25% of a kitchen remodel budget. There are many options available for a budget friendly course of action, such as preserving some of the budget by purchasing Ikea cabinets, or buying a nicer faucet while spending less on the actual sink you decide to install.
Experts also recommend setting aside around 20% of your budget for unexpected surprises that can arise during the kitchen remodeling process. Often times, during the demo process, unknown issues may come to light such as water damage or electrical issues that are not up to code. It is a good idea to prepare for these types of hurdles by setting aside a portion of your budget dedicated to handling these types of issues, in case they do arise.
