Friday, May 24, 2013

Kitchen Remodeling 101: How Budget Affects Major Decisions

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You have finally decided to improve your kitchen. Good for you! But after the initial excitement, you must go down to business. And when it comes to kitchen remodeling, there is one thing that needs attention: the BUDGET.

Budget determines everything in a kitchen remodeling. The cost of an average kitchen remodeling project can range from $5,000 to $150,000. It can even go higher depending on the kitchen cabinets you will choose (in case you will replace your old ones).  Kitchen cabinets account for about half the total cost of the project. It may seem expensive, but later on, you will see that it is worth it. The prices of kitchen cabinets are affected by their quality, type of material that they are made of, and their production --- if they are mass-produced or custom-made. Brand names and certain established makers of kitchen cabinets also affect the prices of kitchen cabinets. Other factors that may bloat your budget for your kitchen remodeling project are countertops, back splashes, flooring, and the professional fee of your contractor.

The budget also spells the difference between a kitchen renovation and a complete kitchen rebuild. The cost of a kitchen renovation largely depends on the age of the house where the kitchen is situated. Statistics place average kitchen renovation costs around $125 to $225 per square foot. This estimate can be higher if you hire a well-known contractor, and can be significantly less if you do the kitchen renovation by yourself. On the other hand, a kitchen rebuild, costs around $75 to $130 per square foot also depending on the contractor.

You might have noticed by now that the professional fee of your contractor largely affects the price of your kitchen remodeling project and consequently your allocated budget for this kitchen makeover. Hence, choosing the best contractor in town is of prime importance. You surely do not want to pay someone who would deliver poor results.

Some people choose contractors who ask for a lower per-square-foot cost. However, you must check beyond the prices. While the bid of one contractor may seem cheaper, the contractor who charges a seemingly higher price may provide you with services beyond what you paid. Think of this scenario: Builder A may seem to charge cheaply with a meager $75 per square foot. But how sure are you that he will give you quality services and not only the minimum requirements that will meet that price? On the other hand, Builder B may charge a higher price yet will add extra insulation, run electric plugs and outlets, and will work with special needs such as green building.

In the long run, you will get more from a seemingly more expensive kitchen remodeling project. But still, be cautious. Your kitchen remodeling project needs not empty your savings pocket.




SoKo Flooring & Interiors
13194 US Hwy 301 S. Suite 205 Riverview, Florida 33578

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