Transform your kitchen into a modern, spacious hub for family activities and entertaining.
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The kitchen is no longer just a place to prepare food, it is the heart of the home. More and more the kitchen has become a busy hub of family activities from cooking to eating, rushing the kids off to school to late nights of homework and school projects, to entertaining friends and family.
Today, a spacious kitchen that opens to the family room and dining room allows the family and friends to be included in the preparation, tasting of the food, and sharing in the memories. More than ever, having extra kitchen storage space and creatively designed cabinets that provide ample storage and hide large, bulky appliances but keeping them in one useful place are top priorities for homeowners. Sometimes it is necessary to remove a wall and relocate the sink or cooking area to create a more functional and attractive space.
Older, smaller kitchens are not functional for the modern-day family. Do you feel cramped in your kitchen? Tired of the dark cabinets and countertops? Want to brighten things up or add a splash of color? Do you want to improve the function of your kitchen while at the same time adding value to your home?
By renovating your kitchen, it will bring a new look and feel to your home while providing a more functional and inviting space.
What Does a Kitchen Remodel Cost?
First, you need to look at your budget and set realistic expectations based on your budget. This is important because we have all seen the dream kitchens on HGTV and in the latest magazines, but is that kitchen realistic for your budget and your house?
The easiest answer to what a kitchen remodel costs is that it should be between 5% to 15% of the value of your house. Meaning that a budget of $500,000 should be somewhere between $25k and $75k. If you spend too little on your remodel it can bring the value of your house down while spending too much could cause you not to recoup your investment.
When you search on the internet the “average cost” can be even more confusing. The internet will tell you that you can remodel a kitchen for less than $15K. And yes, you can “remodel” your kitchen on the cheap, but this will be a DYI project where the money is going to be all materials, or a refresh using the existing cabinets, countertops, and appliances. If you want a professional remodel with all the bells and whistles you need to think of it as a major investment. Remember you will not have a magazine-quality kitchen on a small budget.
So, what is the real cost of a full kitchen remodel from a reputable general contractor in the Raleigh, Durham area? According to the Cost vs Value 2023 report the average of a major, midrange kitchen remodel averages $78,367, while a major upscale kitchen remodel averages $156,258.
There are a lot of factors that go into a full remodel that need to be taken into consideration, such as layout, cabinets, countertops, walls, finishes and much more. This is the way we offer our design phase to help you work through the details of your remodel to see what the real cost of your kitchen will be.
Your Kitchen Budget
Your budget should be based on not just one factor, but a wide range of things. This is just a short list of things to consider.
1. What is the value of your house and how is it priced in the neighborhood?
2. Are you fixing it up to resale or will you be in the house for 10 or more years?
3. How big is your kitchen? The bigger the kitchen the bigger the budget needs to be.
4. Are you looking to change the layout and/or remove a wall to make it more open?
5. What problems are you trying to solve, if any?
6. What materials do you want to use?
7. Are there any extras that you want to have?
Where does the money go?
In a Kitchen remodel the cost is spread out over a variety of items but this is your typical breakdown. Each remodel is different, and the percentages may vary depending on your budget and the wants and needs of your project.
Once you have decided on how much you want to spend remember that there are always surprises so keep about 10% back. The goal is not to use this money but to have it as a backup when something unexpected happens or when you realize that the light fixture or sink is more than you were expecting. This is especially true for older homes.
Now that you are ready to start looking at what your Kitchen remodel will cost. Contact us today to start the process of getting a real price.
For homeowners in Raleigh - Durham and surrounding areas, experience top-tier home transformations with Carolina Dream Kitchen & Baths, LLC. Specializing in remodels, additions, kitchens and bathrooms, we prioritize your vision for stunning results. Trust our expertise and seamless process to elevate your lifestyle today.
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