What Is The Cost Of A Kitchen Renovation?
Remodeling the kitchen is one of the most rewarding home projects a homeowners can have completed. A new floor is another costly item, but it can really transform the overall look and feel of your kitchen. According to the 2015 Remodeling Impact Report” from the NATIONAL ASSOCIATION OF REALTORS®, a complete renovation of a 210-square-foot kitchen has a national median cost of $60,000, and you’ll recover 67% of that cost come selling time.
Remodeling your kitchen can not only add to your home’s value, it can give you additional storage and work space. Your advice for other homeowners planning a remodel: Spend money on the things in the home you use the most. True and accurate remodel costs will vary per job and are dependent upon the scope of work and labor costs associated.
In any case, make sure any contractor bid you get includes an inspection of your electrical and the cost to bring it to code for the kitchen project. We installed three Philips dimmable CFL bulbs in the kitchen about a year ago, wanting to see how the light and dimming function would work.
This figure is likely for a smaller kitchen or a cosmetic makeover keeping existing appliances. At the low end, plan to spend $5,000 to $10,000 for basic stock cabinets for a small to medium kitchen. It is really no wonder that the kitchen has been regarded as a renovation projects the more expensive than most homeowners undertake.
Plan for 60 percent of your kitchen remodel cost in Philadelphia to be for labor. This also means kitchen remodels can be the most expensive and complicated project for your home. Above this level, you’d spend more on the remodel than you’ll be able to recoup in equity.