Financing for Kitchen Remodeling in Newtown Grant

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Looking for Financing for Kitchen Remodeling in Newtown Grant? Remodel The Kitchen is a local kitchen renovation company in Newtown Grant, you need to consider. From countertops and solid wood cabinets to floors, Remodel The Kitchen has you convered!

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When in search of Financing for Kitchen Remodeling in Newtown Grant there are many options. The Majority of families will simply settle for what they find at Lowe’s. If you do that, the question is this the lowest cost. In a new poll better than 75% of individuals who got their kitchen remodeled by their local big box store feel they could have done better and the majority of them would have gone a different route if they had the opportunity to go back and do it again!

When looking through magazines for kitchen remodeling ideas. You need to be aware of the cost of kitchen renovation in Newtown Grant. Yes, remodeling your kitchen is an investment, and that is why sitting down with a local kitchen renovation contractor in Newtown Grant instead of buying from their local big box store is a better choice. There are many things to consider when renovating a kitchen. Some of the things to consider are how long you are going to live in the house. In other words, do you intend to sell anytime soon if the opportunity arises? That is important because, according to the National Association of Realtors (NAR), kitchen remodeling usually see up to a 60% return on investment and full remodels generally see more recovered costs than simpler upgrades.

RemodelThe.Kitchen is a local kitchen renovation company in Newtown Grant that will help you and your family with every design aspect, including the selection of materials and ways to achieve your design goal within your budget. Whether you have a G-Shaped Kitchen Layout or Peninsula Kitchen Layout, our design experts will help you with every step of the process from finishes to choosing the best option for your dish rack storage.

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What is a Reasonable Budget for a Kitchen Remodel?

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We cannot survive without food, and this food is usually obtained from a kitchen. This reason is why kitchens are of utmost importance in a home. Since we spend a lot of time in the kitchen, we need it to suit our tastes as much as possible. Thus, kitchen remodeling came to being.

However, kitchen remodeling does not come cheap at all! It is a skill-heavy, time-consuming activity. It requires money and serious budgeting. Now, the question is, just how much do you need for a kitchen remodel? Exactly how much do you need to budget? And what is a reasonable budget for you?

Reasonable budgeting for kitchen remodeling

Before we continue, we have to point out that budgeting is relative to the amount you can afford and the value of your home. No matter what, you should never exceed 15% of your home’s value in the market for your kitchen remodel budget.

For instance, if your house costs $650,000, your kitchen remodels budget should not exceed $97,500 (15% of 650,000). Having this in mind gives you a baseline for what you can afford to spend.

On average, homeowners in the US spend around $12,361 on their kitchen remodeling. That being said, kitchen remodels can be as low as $10,000 or as high as $60,000. Now, to help you set a reasonable budget, we will break down all you need to spend to get the kitchen to remodel of your dreams.

Breakdown of kitchen remodel budget

When you want to get a new kitchen, there are a lot of things you have to consider, such as:

  • Cabinetry
  • Flooring
  • Lighting
  • Countertops
  • Appliances
  • Labor and installation

Cabinetry

Cabinets are usually the most expensive part of kitchen remodeling. It can cost between $3,000 to $14,000. Wood cabinets are generally cheaper than stainless steel. Wood cabinets can cost as low as $5,000, while stainless steel can be as high as $25,000.

Appliances

After cabinet appliances are some of the most expensive parts of kitchen remodeling, note that before you buy a kitchen appliance, you must make sure they fit the space. To save money, ensure you purchase only appliances you need and not splurge on unnecessary ones. Finally, take advantage of discounts and incentives. Appliances can cost you anywhere between $300 to $10,000.

Labor and installation

The cost of installation and labor is very variable but should be about 30% to 35% of your kitchen remodel budget.

Cost level

On average, a minor remodel should cost you around $15,000. A mid-scale one can be up to $30,000, and a significant kitchen remodels up to $100,000. Obviously, there’s no limit to how much people can splurge on their kitchen, but these are just a guide to how much you can spend.

Conclusion

When trying to find a reasonable budget for a kitchen remodel, you should always consider what you want to change in your space, your budget, and the price of items at that point in time.

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