Highlands Ranch CO Kitchen Remodeling |
8 Steps to follow when
Budgeting for a kitchen renovation
Kitchen Renovations IN highlands ranch coloradoPosted by Jake from Cityroster.com - 2/16/2015 - Reading time: 4 Minutes
8 STEPS TO FOLLOW WHEN BUDGETING FOR A KITCHEN RENOVATION
Many homeowners in Highlands Ranch Colorado are interested in getting their own luxurious custom kitchens. However, many get stuck in the budgeting step. It can be hard to predict the cost for kitchen remodel services and other costs because there are so many different factors involved. The following eight steps will help you to plan the financial side of your kitchen renovations.
1. Determine your maximum budget. Kitchen renovations can be expensive, so it is important to be realistic in this step. The average cost for kitchen remodel from beginning to end is $80,000 nationwide, and not very different in Highlands Ranch, CO. While this may seem like a lot of money, remodeling adds significantly to your home’s value and also makes your kitchen a room that you can show off with pride. Investigate your financing and other funding sources early; then make a budget and stick with it. Communicate regularly with your local contractor to make sure costs are staying on track with their bid. Make a Budget and Stick With it 2. Subtract twenty percent for unforeseen costs. Even in the best planned renovations, there will be an occasional unexpected cost for kitchen remodel services, materials, and extras. Perhaps your kitchen contractors will discover that you need a portion of your electrical system rewired to pass code inspections. Maybe you won’t find as good of a deal on counter tops as you expected. There are many reasons that people in Highlands Ranch Colorado run over budget, but almost all do. If you put away twenty percent for these costs, you won’t be faced with stress over funding in the likely event that your remodeling comes with a few surprises. When you are choosing between estimates, ensure that the estimate you choose leaves this wiggle room.
3. Understand how much money to spend in different areas. The specific amounts spent in different areas varies, but the following is a general rule of thumb: • 35 percent: cabinets and counters • 25 percent: labor • 20 percent: appliances • 20 percent: windows, fixtures, fittings, and miscellaneous This ratio will vary according to the type of renovation. Talk to a kitchen remodeling company in Highlands Ranch, CO about what costs would be reasonable for your area and your plans. Many contractors will handle this aspect of budgeting for you, giving you an overall estimate. Remodeling adds significantly to your home’s value 4. Choose your priorities. Many home renovations require hard choices. Maybe you need upscale appliances more than you want new windows, for example. If you have particle board cabinets in seventies avocado green, you will likely make their replacement a priority. The great thing about planning custom kitchens in Highlands Ranch Colorado is that your priorities are most important. It’s important to choose priorities even if you have enough money in your budget to cover the entire cost for kitchen remodel. There may be unforeseen expenses that force you to make difficult choices. In addition, setting priorities will give your contractor a better idea of what you want in your kitchen remodeling.
5. Decide whether you will do some tasks yourself. Many people in Highlands Ranch Colorado, when faced with a high cost for kitchen remodel, wonder if doing it themselves is an option. This is rarely a good idea. Kitchen renovations are complicated, involving plumbing, electrical work, and heavy installations. However, there are likely a few tasks that you can perform yourself to cut back on costs. Taking out your own cabinets and flooring, for example, is simple enough that most people can handle it. 6. Plan logistics. Many people in Highlands Ranch Colorado assume they will live in their home during kitchen renovations. However, this is often not a good idea. Your kitchen will be torn up and unusable; even after kitchen remodeling contractors leave, there will be dust, debris, and mess. For this reason, many people plan on living somewhere else. If you get a hotel or other temporary living situation, you will need to factor this expense into your cost for kitchen remodel. In addition, plan and budget for eating out if you plan to do this while your kitchen is out of service. With Proper Planning Your Remodel Will be a Breeze! 7. Plan regular communication with your kitchen renovation contractor. Once you have a rough budget for your kitchen renovations, you must track expenses and ensure that you stay on this budget. This is often the most difficult part for people in Highlands Ranch, CO. A professional contractor will give you a bid and stay within the budget. However, you should communicate with them regularly about your kitchen remodeling cost.
8. Stick to the plan. There is no use having a kitchen remodeling cost budget and contracting estimate if you don’t stick to it! When kitchen remodel prices get out of control, it is often because homeowners changed the plan mid-course. Avoid being wooed by that more expensive piece of marble or design magazine spreads once you have selected an estimate that works with your budget and plan. The cost for kitchen remodel services and materials is high, but if you choose the right contractor you are sure to have a pleasing result. Custom kitchens bring years of enjoyment and pride, making them one of the best investments a homeowner in Highlands Ranch Colorado can make. Contact a kitchen remodeling contractor today to find out if a newly remodeled kitchen is the right decision for you and your home. |
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Phone: (720) 327-678 * 9609 S University Blvd, Highlands Ranch, CO 80130