Home renovations can be costly, especially when it comes to kitchen remodeling. Depending on the finishes and how many special features you want to include in your new kitchen, the cost can increase quite fast.
Here is a look at what you can expect in terms of price from a kitchen remodeling in your home.
The Average Cost of a Kitchen Remodel
While the cost of a kitchen remodeling relies heavily on the size of the kitchen, the types of finishes chosen, and the labor costs, which can vary widely, you can expect to pay on average approximately $23,000. That works out to about $150 per square foot.
Of course, there are those who will pay much less or much more, as kitchens differ and personal tastes vary.
What to Expect for Your Kitchen Remodeling Expense
For a smaller kitchen on a lower renovation budget, you may pay $10,000 to $15,000. At that rate, you can expect to have the walls painted, the cabinets refaced and a new backsplash installed.
On the higher end, for about $30,000 or more, you may receive custom cabinetry, along with select flooring and granite countertops. Depending on the size of the kitchen, at that price point, you may also include high-end stainless steel appliances.
Some of the cost will go to the professionals who do the work, regardless of your budget. Getting the right contractors to do a great job is important no matter your price point.
The good news is a kitchen remodel can add great value to your home both aesthetically and financially. The right kitchen remodeling can increase your home’s value by thousands more than the cost of the renovation itself, so it can be a wise investment.