“How much will it cost?” is nearly every homeowner's first question when it comes tokitchen remodeling. The short answer is: "It depends!" Hundreds of individual line items add up to the bottom line. However, most costs fall into three categories: design costs, project scope, and finish selections.Based on projects defined by Remodeling Magazine in their annual Cost Vs. Value report, here are three different projects to give you useful benchmarks for your remodeling project. With data tailored by region, the Remodeling 2016 Cost Vs. Value Report is essential reading for anyone in the market for remodeling services. You can download the report for free at: www.costvsvalue.com.
The scope of a minor kitchen update is limited to mainly cosmetic improvements. According to the 2016 Cost vs. Value Report, an update like this in the Twin Cities will average approximately $23,000.As soon as you start moving things like walls, electrical wiring, and plumbing, the costs of remodeling increase. If you are happy with the layout of your kitchen, and your main remodeling goal is to create a more pleasing space you may be looking for a minor kitchen update.This type of renovation is sometimes referred to as a “pull-and-replace” or “in-place” remodel. According to the Cost vs. Value Remodeling Report, you can expect the following in a minor kitchen update:
This budget-conscious minor kitchen remodel involved updating countertops and lighting. Even with the old honey oak cabinets, the result is very satisfying!
In many cases it can also be very cost-effective to replace the cabinets. And the benefits of improved storage can make it worth the investment.
If you hear “kitchen remodeling on a budget” and you imagine peeling linoleum tiles and chipped laminate countertops – think again! Advanced manufacturing technologies make it possible to “close the gap between faux and real.” That means Formica countertops that look like granite, and luxury vinyl tile (LVT) floors with more beauty than ever. View the rest of this project
If you are happy with the size of your current kitchen but want to add more storage, a central island, or dining area, then you can probably expect a major kitchen remodel. According to the 2016 Cost vs. Value Report, an update like this in the Twin Cities will average approximately $67,000.With a larger budget you have the option to tweak your floorplan, choose a countertop or backsplash with a little more bling, or add specialized task lighting. Careful! If you choose it all it can add up fast and you may be looking at an upscale major kitchen remodel (more about that later). According to the Cost vs. Value Remodeling Report, you can expect the following in a major kitchen remodel:
In this major kitchen remodel, the unused central island was replaced with a peninsula to create an open floor plan with two distinct spaces. Semi-custom cabinetry doesn’t compromise on features – there are still pull-out storage drawers and a super pantry.
To create more space in their budget for details like quartz countertops and a ceramic tile backsplash, these homeowners decided to integrate the appliances they already had into their new kitchen design. View the rest of this project
Many people set out to remodel their kitchen with the goal of creating a beautiful space with gourmet appliances and luxury details. According to the 2016 Cost Vs. Value Report, an upscale major kitchen remodel in the Twin Cities will average approximately $130,000. At this price point everything – even the kitchen sink – can go!With a larger budget not only can you select more upscale details, you can expand your kitchen and relocate the sink to overlook your favorite tree, or move the cooktop to the central island and create a second prep area with its own sink. If you can dream it, it can be built. According to the Cost vs. Value Remodeling Report, you can expect the following in an upscale major kitchen kitchen remodel:
Removing a wall and relocating the kitchen and dining room created a huge open space. With more cabinets, counter space, seating, and even an extra sink – this space is ideal for entertaining. When you remodel the kitchen, if also update addition rooms, there will be an impact on the total cost of the project.
Details like the island legs and cabinet panels were used to give the space traditional style. Decorative corbels adorn twin pull-out spice racks that flank the gas range. View the rest of this project
Working with a designer is the best choice you can make on any budget. Many contractors offer no-fee design services. These businesses may have uncertified salespeople doing design work, or may aggressively sell a one-size-fits-all floor plan. Others may offer design services for large fees that discourage homeowners with modest budgets from taking advantage of all the benefits of working with a designer.Our model at New Spaces is unique. For a modest fee, our designers work with you to explore multiple design plans and options. This gives you the opportunityto see how the scope of the project, and the products you select impact the bottom line. We believe that educating homeowners so they can make their own decisions with confidence is the best way to guarantee that our clients get the kitchen remodel they deserve – regardless of budget.