10 Things You Need to Know Before You Remodel Your Kitchen: You'll Save Money and Get the Kitchen You Want
If you're thinking about remodeling your kitchen, there are 10 things you need to know first. These tips are simple to use. You'll save money and get the kitchen you really want.
Set a Budget. Stick to it.
Figure out how much you can afford. Don't go over this number. Don't put a kitchen in that's too nice for the neighborhood - you won't get your money back when you sell the house.
Know Your Costs
The average kitchen remodeling cost break down:
35 percent: cabinets
20 percent: labor
20 percent: appliances
10 percent windows
5 percent: fixtures
3 percent: fittings
7 percent: other
Set Aside 20% of Your Budget
You want to have an extra 20% of your budget available for unexpected costs. Sometimes surprises lurk behind walls (rotten wood, bad wires, etc).
Make a List of Priorities
What do you absolutely want in your new kitchen? What features or options do you care less about?
Know How You'll Pay for Remodeling
Make sure you know all your options. Consider personal loans, refinancing your home, and loans against retirement plans.
Know if You'll Stay at Home
You'll have a lot less stress if you stay in a hotel while the renovations are going on.
Don't Forget the Cost of Eating Out
You'll eat out more while your kitchen is being remodeled.
Make a Spreadsheet
Make a spreadsheet for your budget. Check it often to make sure you're staying on track.
Consider Doing Some Work Yourself
Some of it's very easy to do. You can save a decent amount of money this way.
Avoid Extras
Don't be tempted to add on little things that aren't in your budget.
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