You’re ready to remodel your kitchen. The decision didn’t come easy, but enough is Kitchen Budget enough with the one you’re doing over.
In the process, you’ve factored in and planned for every detail and budgeted for every expense. Sure, you’ve heard the horror stories about how they went thousands over their budget on their remodels, but that’s not going to happen to you, right?
Unfortunately, it’s quite common for homeowners to go over budget on home renovations. If you’re wondering why this is such a normal occurrence, read on. Here are 7 of the most common kitchen renovation budget busters.
- Custom Cabinetry – Cabinet costs can vary greatly, from about $50 per linear foot for stock cabinetry up to $2,000 per linear foot for custom. Weigh the pros and cons before deciding which route to go. If cabinetry is your splurge item, you may need to scale back in other areas to stay on budget.
- Special Add-Ons – Some cabinetry add-ons can hike the price of your project substantially. Before committing to that under-cabinet lighting, magic corner, knife drawer, or wine rack, think about how much you’ll really use it. Is it a must-have or a nice-to-have? And is it worth the price tag?
- Countertop Material – From affordable laminate to stunning quartz, the cost for countertops ranges widely. If you haven’t purchased a countertop in 15-20 years, you might experience some sticker shock. Do your homework beforehand, think about the features that are most important to you, and budget realistically.
- Appliances – If you rarely if ever cook, maybe you can go without the $10,000 Viking range. Consider your cooking and eating habits, the brands, finishes, and features when setting an appliance budget.
- Unforeseen Issues – You never know what you’ll find until you start opening walls or tearing up floors. From electrical issues to termite damage, you could find yourself opening your wallet to cover a slew of surprises. Many contractors recommend setting aside a 20% contingency fund for unexpected issues.
- Current Codes – During a kitchen remodel, it’s not uncommon to uncover code violations, especially in older homes. Building codes change routinely – what was deemed perfectly fine and safe 10 years ago probably isn’t today.
- Creep Factor – This is what happens when your dazzling new kitchen makes adjoining areas look less than stellar. So, you decide to refinish the hardwood floors in the living room and dining room, add crown molding, or decide it’s time to replace that sad sectional, and the end tables, and the area rug. And the budget creeps – or soars – ever upward.
Here at Eagle Service Company, we can handle all your kitchen remodel plumbing needs, including appliance hook-ups. We also have a wealth of ideas on how to achieve first class results for less. Contact us today for a free in-home consultation and proposal.
