Tuesday, July 30, 2013

How to Estimate the Cost of a Kitchen Renovation


Average Cost for Dallas Kitchen Renovation is $21,000


You’ve been considering a kitchen renovation but have no idea whether you have enough money for such a project.




How do you estimate what such a large project would cost?

Perhaps it seems overwhelming to try to figure out the cost of your dream kitchen renovation, but there are some steps you can take to help you come up with an estimate.

Cost Ranges From Hundreds to Several Thousand

The cost of your kitchen renovation can range from a few hundred dollars for some minor remodeling to thousands of dollars for deeper renovations.

A Houzz.com survey last year found that the cost for the average national kitchen renovation project was $27,000, with variations among different parts of the country. In Dallas, the average was $21,000.

First, it might be a good idea to write down a list of improvements you would like to see in the kitchen. Make sure you prioritize the list well to help you later in deciding what elements of the renovation you can afford.

Needs vs. Wants

The best way to prioritize would be to analyze the way you use your kitchen over a period of about a week, writing down anything that comes to mind as you go about your routines. Think about what is working well and what is not. Is the sink large enough for food prep for meals? Do you need more storage?

This is the time to consider seriously what your needs are versus your wants. Think through every component of your kitchen, from appliances to cabinets to hardware such as faucets. Typically, appliances, cabinets and fixtures will be about 30 percent of the total renovation. You can shop around online to determine the approximate cost of these materials.

Call Contractors for Estimates

Next, you will want to consult with contractors to get estimates on the costs of labor. These costs typically run at about 30 percent of the total renovation cost.

At least 10 percent of your budget should be allocated for unexpected costs, such as unforeseen problems. Think termites, or dry rot in wood.

Don’t let yourself get overwhelmed by having to do so much research. Just make a list and get started on it. Consider that whatever you learn as you go along will help you make more informed choices about your kitchen renovation. Give us a call at Unique Home Properties to discuss your renovation needs and we’ll be pleased to provide an estimate for you.

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