2020 Kitchen Remodel Cost Breakdown: Recommended Budgets, ROI, and more!

Your kitchen is undoubtedly the heart of your home, or in more modern terms, the core of your family’s command center! 😉

amazing-yet-modest-kitchen

Whether your goal is to increase the value of your house or you’re simply wanting to make it a more enjoyable place to live, choosing to do a remodel or renovation is one of the best decisions homeowners can make. Breathing new life into an outdated kitchen adds value to a home in numerous ways.

Our pricing guide will break down the steps to planning your renovation and provide a breakdown of expected costs for the following:

  • Basic Kitchen Remodel
  • Mid-Range Kitchen Remodel
  • Deluxe Kitchen Remodel

Make a Plan

To get the most bang for your buck it’s important to set a budget from the start, know your needs and understand where the money will go. Before shopping for appliances, tile or flooring, know your personal needs and goals for the outcome of the remodel. Then you can create a wish list of desired components and begin your search for a contractor.

Recommended Budget

The National Kitchen and Bath Association (NKBA) has a recommendation for the value of a kitchen remodel to help homeowners set an appropriate budget.

As you create your budget, there’s more to consider than the amount of money you can afford to spend. Essentially, putting too much into a home improvement project can affect the rate of return on your investment.

The NKBA recommends budgeting 15-20% of the value of your home.

For example:

$250,000 home = $37,000-$50,000 kitchen remodel budget

$500,000 home = $75,000-$100,000 kitchen remodel budget

Once your budget has been determined, cut it by at least 25 percent. Set the extra money aside as a cushion to make unexpected surprises much less stressful.

Cost Breakdown

The NKBA’s guide for an average kitchen remodel is as follows:

  • Cabinetry and Hardware: 29%
  • Installation: 17%
  • Appliances and Ventilation: 14%
  • Countertops: 10%
  • Flooring: 7%
  • Lighting: 5%
  • Walls and Ceilings: 5%
  • Design Fees: 4%
  • Doors and Windows: 4%
  • Faucets and Plumbing: 4%
  • Other: 1%

Continue reading “2020 Kitchen Remodel Cost Breakdown: Recommended Budgets, ROI, and more!”

Window Replacement Cost in 2020: Window Types and Pros & Cons

Most properly installed residential windows will generally last 15 to 25 years before requiring a replacement. The materials that make up each window will usually last much longer (up to 50 years), but home windows are about function as much as they are about aesthetics, view, insulation value, ease of use, and security.

via Pella

Note: In this guide, we are not concerned with a brand new, full window installation which normally includes building frames where each window is hung, or installed. The costs are similar to window replacement project and there is much overlap in the work that each project entails, but our focus is on the replacement of windows, their costs, the factors impacting those costs and their pros and cons.

Pricing Information – Part 1

Window replacement projects tend to be fairly basic in terms of planning because the frame will likely determine the material of the updated windows. Wood windows in wood frames, vinyl windows in vinyl frames. Yet, types of panes (glass), along with considerations for energy efficiency and potential needs for repair make it so an average cost for replacement only goes so far.

The national average cost for a window replacement is between $500 and $850 per window installed, depending on your home’s location and other variables. The price can range from $450 to $1,450, which accounts for much variation in material type (from highest to lowest: wood, fiberglass, vinyl), window size, window brand (Andersen, Pella would be most expensive brands), and differences in pricing from company to company. More often than not, the more windows you purchase for a single project, the less you will end-up paying on a per window basis.

How a Window Style/Type, Size and Materials Impact Costs

Double hung windows are what most residential homes have. These are characterized by having sashes on both the upper and lower and thus both can slide vertically, up and down. Depending on the material and brand of the window, the average cost can range from $300 to $850 per window.

Continue reading “Window Replacement Cost in 2020: Window Types and Pros & Cons”

Bathroom Remodel Cost in 2020: Budget, Average, & Luxury Bathroom Upgradess

Second only to the kitchen, the bathroom is one of the most popular rooms to remodel. With all the moving parts, it’s not only one of the more difficult home improvement projects, but also one of the more expensive ones. However, with proper planning, you’ll have no trouble keeping your budget on track while creating the lavish sanctuary of your dreams! 🙂

spacious-bathroom

This guide will cover the steps for planning your bathroom remodel, while also providing a breakdown of the costs for the following:

  • Basic Bathroom Remodel
  • Mid-Range Bathroom Remodel
  • Deluxe Bathroom Remodel

Planning

For the best outcome, fewer headaches and a higher likelihood of staying on the budget put more time into planning. It can be easy to get caught up in the excitement of creating a new space.

So, before you start wandering up and down the aisles of your local home box store searching for the ideal tile to go with the perfect faucet you saw a few weeks ago, sit down and determine your budget. Then take at least twenty percent and set it aside for the inevitable surprises that will arise.

Budget

According to the National Kitchen and Bath Association (NKBA), you should expect to spend between 5 to 10 percent of your home’s value on a bathroom remodel.

Suggested bathroom remodeling costs allocation:

  • Installation: 20%
  • Cabinetry and Hardware: 16%
  • Fixtures: 15%
  • Faucets and Plumbing: 14%
  • Flooring: 9%
  • Countertops: 7%
  • Walls and Ceilings: 5%
  • Design fees: 4%
  • Doors and Windows: 4%
  • Other: 1%

Labor and Materials

Once your budget is in place, find a contractor. Bathroom remodels can look deceivingly simple. They’re small rooms that have tricked many a weekend warrior into visions of DIY savings, only to have those dreams crushed by the complexities involved.

Plus, you’ll have the added expense of the contractor having to fix your mistakes. It’s best to know your limitations, only do tasks within your skill set and leave the rest to the professionals.

When you do speak to a contractor get a separate quote for labor and materials. Before signing the contract, check to see if you can find materials for less.

Whether you purchase the materials yourself or let the contractor do the shopping, have everything purchased and delivered before the remodel begins. This will avoid delays, a possible increase in labor costs.

Once the materials are purchased, delivered, and work has begun, step back and let the professionals do their thing. Don’t continue to look at fixtures, tiles and paint color.

Making changes once the remodel has begun will be costly and cause the project to take much longer. Unless there are problems with the products that were purchased, don’t drive yourself crazy second-guessing your original choices.

Types of Remodels

Basic Bathroom Remodel

Average Cost: $4,500 — $15,000 (or $1,500 to $5,500 for DIY on low-end. low-budget)

Small bathrooms aren’t as costly because there are fewer plumbing fixtures and lesser square footage. To stay within a low budget, keep the original bathroom layout as is. Moving plumbing, electric and walls will cause the remodel to become expensive quickly.

If the original fixtures, cabinetry and surfaces are in good condition, consider refurbishing instead of purchasing new, low-quality materials. Surfaces in bathrooms take a great deal of daily abuse that include multiple climate changes.

Did you know? Using sub-par materials can end up costing you more in the long run. For example, if you decide to paint the walls yourself, use mold and mildew resistant paint or primer. It may cost more than regular interior paint, but you won’t have to redo it in a year. If fixtures can’t be saved, they must be replaced.

Typical Projects

  • Bathtub: $400 — $1,500
  • Cabinets: $1,200 — $3,500
  • Countertops: $900 — $2,000
  • Flooring: $800 — $2,000
  • Lighting: $450 — $900
  • Shower: $450 — $2,000
  • Sink: $190 — $900
  • Toilet: $130 — $250
  • Paint: $100 — $150
  • Stylish embellishments: $50 — $100

Continue reading “Bathroom Remodel Cost in 2020: Budget, Average, & Luxury Bathroom Upgradess”