The kitchen is the heart of a beautiful home and has evolved into the central place for socializing and entertaining. It is also one of the most important aspects that home buyers evaluate when buying, which has led to much quoted real estate industry saying, “kitchens sell homes.”
Whether you are looking to remodel to create a kitchen of your dreams or wish to renovate to sell your home, there are some important factors you should consider.
- Research on options: A kitchen remodelling project is challenging and calls for detailed planning of all aspects from layout, cabinets, appliances, lighting to plumbing. It is also important to know what to expect in terms of cost based on the materials, layout and other specifications you have in mind. Attending neighborhood home tours, visiting home stores, kitchen showrooms or online design forums can help you get some ideas.
- Determine your budget: Each kitchen remodelling project has its own features, quirks and fixtures while the luxury and budget options are endless. A starting point for a medium-sized remodelling project, according to an estimate, can be between $20,000 and $50,000. An upscale kitchen can cost more than $80,000.
NOTE: Kitchen cabinets and appliances account for up to 35 percent of your kitchen remodelling cost while installation/labor costs are also significant. Experts recommend setting aside 20 percent of your budget for unplanned expenses.
- Quality is key: While there is a range of budget friendly options in terms of appliances, lighting and cabinets, it is important to not compromise on quality. Choose high quality materials and appliances that are durable and provide a high return on your investment. You can also explore repurposing or upcycling your old, good quality materials or cabinets to save on money and avoid wastage.
The best quality countertops, backsplash, floor tiles, cabinets and appliances add not only to your kitchen’s aesthetics but boost functionality and resale value.
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