A kitchen remodel is an investment in your time and money. From choosing the right kind of appliances and wall colors to making sure the floors, countertops, and cabinetry appear cohesive, the process requires much thought, especially when budget is concerned. When considering this type of project, your decisions may be largely based on what you can afford. How much will it cost to transform your kitchen, and which parts are likely to be most expensive? Keep reading to find out.
What is the Average Cost of a Kitchen Remodel?
In 2023, HomeAdvisor estimated that the average price of a kitchen remodel runs between $14,611 and $41,432. That is quite the range, so a more likely number is around $26,500. Many factors can cause this number to increase or decrease, such as the size of the kitchen, the materials used, the layout, and whether you plan to do it yourself or hire a contractor.
What Are the Most Expansive Parts of a Kitchen Remodel?
Now that you know what you should consider before starting a complete overhaul of your kitchen, you’ll need to consider where you want to spend your money. As it is with any type of home renovation, certain aspects will be costlier than others. The kitchen is no exception.
To determine which areas will cause you to dig deeper into your pockets, review the following:
- Cabinets: Surprisingly, the cabinets you choose can be one of the biggest expenses you face when remodeling your kitchen. While applying a fresh coat of paint is likely to be the cheapest option, choosing new ones can have you spending anywhere from $4,000-$15,000 depending on how many you need, the style, and the hardware you choose.
- Appliances: Whether you need a new refrigerator, microwave, stovetop, or dishwasher, the brand and style of appliance can cost $5,000+. Finding special deals and discounts during spring and fall can be an ideal time to save.
- Countertops: Depending on the material you choose (i.e., quartz, marble, granite, etc.), you can expect your expenses to be another $5,000-$6,000 or much higher.
- Flooring: Again, the material you choose will ultimately determine how much you can expect to pay. Based on the dimensions of your kitchen, the contractor may quote you with an estimate of as little as $500 or as high as $32,000 before installation costs.
As you can see, you can invest little or a lot when it comes to a kitchen remodel. Working with a knowledgeable contractor can help you figure out which aspects are most important and how to make your hard-earned money extend further.
About Prestige Floors
Considering a kitchen remodel and want to update your floors and cabinetry? Look no further than Prestige Floors. As a small, family-owned and operated business based in Keller, husband-and-wife team Benson and Ashley Kelly have been improving and transforming homes since 2006. With years of experience and an eye for design, their team is trusted and bonded, and they offer only the very best results. If you are interested in a kitchen remodel or another similar project, contact us at (817) 422-5343.