Budgeting Tips for Kitchen Renovation
Remodeling the kitchen is by no means cheap and that’s why you must always consider your budget before the project begins. The cost of remodeling a kitchen will depend on how significant the changes are. Superficial face lift costs less than larger-scale remodel that involves solving structure problems. GBC Kitchen and Bath is helping to you.
To help you stay well within your budget while renovating the kitchen, here are our tips:
Stick to Your Budget
There’s no better way to say it: if you have a set budget for the renovation, stick to it. But this is easier said than done especially if the space requires a lot of work. But the key to sticking to the budget is to get an accurate estimate on the total cost, knowing how much you can afford to spend, and then setting aside additional cash for unexpected expenses.
Break Down the Cost
Before the project, learn how to break down the cost and determine which aspect of the project requires more funds. For instance, labor will consume 20% to 35% of the total project cost. Cabinets and shelves can be expensive so allot 35% of your budget to these kitchen furnishings. Divide the rest of the cost to the appliances, windows, fixtures, and fittings.
Reserve Money for the Unexpected
There’s no way that you’d get an accurate reading of the project’s total cost. New expenses are bound to crop up during a kitchen remodel so make sure you have enough funds for these unexpected expenses. This goes especially for very old or dated kitchens, as problems are bound to lurk under the floor or behind the walls.
Know Your Priorities
Again, you will come across unexpected problems during a kitchen renovation so learn what aspect of design you must prioritize. Always prioritize what’s important, such as the wiring, plumbing, crown molding and so on. List down all the important aspects of the project and when you’re done is when you’ll focus on non-essential items. But even then, find cost effective alternatives to these items if you want to save more money.
