Licensed Builder
with the State of Michigan
Call for a FREE Estimate Today!
  • Macomb: 586-573-8700
  • Oakland: 248-541-7340

5 Steps to Budgeting for Your Kitchen Remodel

Many homeowners hope to remodel their kitchen one day with brand new appliances and modern countertops. Unfortunately, not all homeowners have an unlimited budget to make this dream a reality. If you want to remodel your kitchen, here are five tips that should help you with budgeting.

1. Decide How Much You Want to Spend

First of all, you should decide how much you want to spend for the kitchen renovation. The main factors you want to consider is what you want renovated, how much you can afford to spend on the project, and how long you plan to stay in the house. For an upscale kitchen renovation, the average cost is about $80,000. However, if you only plan to stay in your house for a few more years, you probably don't want to spend nearly as much on the renovation.

2. Know How the Costs Will Breakdown

Once you have your budget, you want to know how the costs will breakdown. That way, you won't encounter surprises that will force you to go out of your budget. It is likely that 20 to 35 percent of your budget will go towards labor.

3. Set Aside a Proportion of Your Budget

Unfortunately, not all kitchen renovation projects go as expected. Therefore, you should set aside 20 percent of your budget to deal with any unexpected issues that arise.

4. Make a List of Renovation Priorities

You should make a list of your renovation priorities so that the top things on your list get done even if an unexpected issue arises.

5. Know How You Will Pay for the Project

Finally, you need to have a reliable plan in terms of how you will pay for the project. Some options include taking out a personal loan, refinancing, and home equity loans.

A kitchen renovation is the dream of many homeowners. As long as you follow the tips discussed above, you should have no problem picking and sticking to a budget.

If you are looking to renovate your kitchen and are looking for a professional remodeling company, contact Creative Building and Remodeling today. From kitchen cabinets to a complete kitchen redesign, our experts can help. 

Top 3 Kitchen Trends for 2017

If you are renovating your kitchen this year, you may be curious as to what the top trends are. You may wish to incorporate these trends into your remodel to have a trendy space, or you may wish to avoid them to keep your kitchen unique. Regardless,...

How to Make Your Kitchen Space More Functional

When space is at a premium, it pays to give careful consideration to every available inch. If you look around, even in a small kitchen there are lots of opportunities to make the kitchen space more functional. Here are a few ideas to get you...

Does a Kitchen Remodel Increase Home Value?

If you are planning to sell your house in the near future, it is likely that you want to know which remodeling projects should be done to make your home as valuable as possible. These projects can cost a lot of money, so you want to make sure that...

3 Kitchen Trends To Look Out For

Home improvement is much more than a popular 90's sitcom. It's the latest craze for home owners as trends have been rapidly changing and continue to change throughout any given year. One of the rooms that is consistently being upgraded is...

Kitchen Remodeling FAQ's

Your kitchen is the heart of your home. You spend lots of time here, making meals to serve to your kids and other family members. But sometimes you realize that your kitchen isn't quite meeting in your needs. In that case, you may want to think...

Kitchen Remodeling Planning Guide

Kitchen remodels can quickly become expensive, especially if you haven’t taken the time to plan out the remodel. With careful planning, it’s possible to increase the efficiency and functionality of your kitchen without breaking the bank....

What Is Involved In Cabinet Refacing?

When you want to spruce up the look of your kitchen but can’t afford all new cabinetry, refacing your cabinets is the best option. It’s half as expensive as buying new cabinets, can be done in a week or less, and you can still use...

3 Benefits of Refacing Your Kitchen Cabinets

If you’ve been looking at the same drab old kitchen cabinets day in, day out for the last several years, it might be time for a change. You probably know that the problem is bigger than just a new paint job, but you might be reluctant to...