Design Notes
Budget is a keyword that we often use here. The amount of money you feel comfortable spending on a kitchen renovation will determine the scope of work you plan to do for your kitchen remodel. A budget is a plan for how you want to spend your money. It is one of the most essential pieces in the renovation plan and helps guide the project. We get asked multiple questions on this topic, including:
- What is a reasonable budget for a kitchen remodel?
- What is the purpose of the remodel?
- Is a contingency fund necessary in the renovation budget?
- What should be included in the budget?
One of our first goals in a design meeting is to establish a budget for the entire project, including cabinets, flooring, hardware, and fixtures. We realize stress and confusion come with a remodel of any size, which should not be a side effect for you to worry about. Starting with a list of questions before you start is key to the success of your remodel. The budget will set the tone for the entire project and specify the products and layout to show you. In this blog, we will share what a reasonable kitchen renovation budget should include and a general estimate for the total.
How Much Does It Cost To Remodel A Kitchen?
This is the most basic question, and it can be hard to determine what a good kitchen renovation budget is. Typically, you should budget around $100 to $200 per square foot of the space. The following is a general estimate, but remember that it can change depending on the materials and features you choose for your kitchen renovation.
$25,000 to $125,000 is the general range and includes cabinets, flooring, appliances, hardware, lighting, and other design elements you want in this space. Remember that this number is flexible based on your goals. Adding new light fixtures, countertops, and hardware can give your kitchen a new look for much less. A higher-end budget would be needed if you wanted to redesign your entire kitchen layout and start fresh. Read more details about the cost of a kitchen renovation here. Our experienced designers can assist you in creating a budget that is just the right fit, one of the many benefits of hiring a designer. Read more of the benefits here.
Design Options
One of the first things you need to do when starting a kitchen renovation is to create a detailed list of your goals and priorities for the renovation. It is essential to have this list so that you and your designer can properly allocate the budget to include these items. Things you may want to write down during your budget planning session:
- Appliances: The size and style of appliances usually dictate the budget.
- Tile: This includes backsplash and accent pieces.
- Flooring: Do you want hardwood flooring or tile?
- Fixtures: Hardware, lighting, and faucets fall into this category.
Remember, you can always revise as you go. This is for the initial planning phase, but itis helpful to have a rough idea of what you want to spend on each area of the renovation.
Should I Have A Contingency Fund?
If there is one thing that is certain, it is that there will always be unexpected costs. Even with the best of plans, unforeseen problems can arise during a renovation, so it is best to have a contingency fund in place. Most agree that 5% to 10% of the overall renovation budget should be set aside to cover any such emergencies.
What About Those Fees?
When setting up your initial renovation budget, it is easy to forget about permits, installation, shipping, and taxes. These costs need to be factored into the budget so that you know what will be available to spend on the actual product, such as tile, flooring, and hardware.
What About The Extras?
While everyone enjoys splurging a little, it is wise to consider which ones will give you the most value and benefit you and your family. Some items to consider would be:
- High-end countertops such as granite or quartz
- Extra lights in the kitchen
- hardwood flooring over laminate
- prep zone or additional sink
Talk with your designer about which options are the most important so that they can help you plan out a realistic kitchen renovation budget.
Greenbrook DesignHomes are a collection of things we love, and sometimes those things can come from places outside the traditional sources, such as your typical home furnishings stores. Increasingly, designers and homeowners alike are discovering the benefits of antique stores. These places, often thought of as the last stop for items no one else wanted, have become a popular shopping stop for those who want to have something unique in their home and enjoy the thrill of “treasure hunting”. More and more design styles are also embracing vintage finds, seeking to blend them together to create something special, such as the grand millennial and mid-century modern styles. Millennials are also enjoying the freedom to branch out in their design choices, creating a home that is customized to their own personality. Antique shopping can be a wonderful way to uncover those special touches that can make all the difference in your home, so let’s explore how to get started and what to do with all of the treasures you find.
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Greenbrook DesignRecycling old styles with a modern twist is a phenomenal way to honor the past while creating the future. Nostalgia is a valuable part of the creative process, especially in designing homes, our little personal factory of memories. So, don’t be afraid to try out some of these forgotten interior design styles that are making a comeback. It’s nice to freshen up your whole concept and take a little walk through a time capsule. Let your creativity fly in the limbo of styles, and wonder what else will be new soon.
Walker WoodworkingWe all have an idea of what our dream home would look like, after all, that is what places like Houzz and Pinterest are for, right? You wish you could have those little personalized spaces and upscale feel in your home that makes it stand out from the ordinary. Sometimes we believe that the home we envision is far too luxurious for our budget, but that is not true. But with a little creative thinking, anything is possible! There are many ways to stretch a budget through good planning and a few helpful tricks that can give you the luxury you desire without breaking the bank. Let’s explore the various ways to achieve designing a luxury home on a budget and bring your dreams to life.
Walker Woodworking
Greenbrook Design