Remodeling your kitchen not only makes cooking more enjoyable, but also may increase the value of your home. Although the kitchen remodeling cost to home value ratio is not quite as favorable as it has been in recent years, the 2009-2010 Cost vs. Value Report, issued by Remodeling Magazine, showed that a minor kitchen remodel increased home value by $16,773, which is 78.3 percent of what the average kitchen renovation costs homeowners. Before you begin your kitchen remodel, be sure to set aside adequate time for planning and preparation.
Set a Budget
The first step to a successful kitchen remodel is to set a budget. Be realistic when you estimate renovation costs. According to the 2009-10 Cost vs. Value Report, a minor, mid-range kitchen remodel cost an average of $21,411, while a major remodel cost $57,215. For an upscale remodel, with luxury amenities such as custom cherry cabinets, stone countertops with a backsplash, and high-end appliances, expect to spend at least $111,794. Consult with a remodeling consultant to discuss ways to cut costs if you are concerned about your budget.
Make a list of priorities that need to be remodeled in your kitchen, and set aside adequate funds accordingly. Chances are that if you need all new appliances, you won’t have as much money available for custom cabinetry or luxury flooring. Once you have prioritized your remodeling needs, allot certain portions of your budget to each category. Shop around and price items to make your prioritized budget an attainable goal.
Plan Your Design
For extensive kitchen remodels, you will need to plan the room design. Before you begin, ask yourself how often you cook, how much storage you require and what kind of appliances you want in your kitchen. Visit showrooms and browse online photo galleries to help you decide what style and layout you want. If you are replacing kitchen appliances, shop around for the best prices, and consider energy-efficient models, which are less harmful to the environment and may even save in monthly energy costs.
Hire a Contractor
For most kitchen remodeling projects, a contractor will be required. Begin by asking friends and family you trust for recommendations, and consult with contractors personally to discuss their rates and determine their reliability and expertise. According to This Old House, it may even be beneficial to ask contractors for referrals and contact previous clients in order to view their previous work in person. Once you have found the right contractor for your personal needs, work out a payment plan and sign the contract to begin the remodeling process.
Prepare for Chaos
A kitchen remodel can be chaotic and may last for months, depending on the extent of the work that needs to be done. To avoid weeks or months of stress, take the time to set up a temporary kitchen space with a refrigerator, storage space, microwave and food preparation area. Stock up on non-perishable items that are easy to prepare, or cook casseroles, baked goods and other items that can be stored in the freezer and thawed for use during the remodeling stages.