Tag Archives: kitchen remodeling budget

Kitchen Upgrades for the Best ROI

Real talk: Kitchen remodeling can be expensive. Understandably, homeowners want to strategically choose what to upgrade in order to maximize function, aesthetics, and resale value. I recently wrote a guest post about 5 kitchen remodeling tips that have the best ROI on a home improvement blog. I think you’ll find the whole post valuable, but here’s a sneak peek.

1. Give Your Floor a Lift

vinyl flooring kitchen remodeling ROI

Image: Pinterest

Vinyl flooring saw a boom in the ‘50s and subsequent decades. If your kitchen hasn’t been updated since then, you may very well have old vinyl flooring that is peeling or has simply seen better days. Because homebuyers look for features that are modern yet low-maintenance, upgrading your flooring is an excellent investment. Select inexpensive choices like vinyl flooring from Itec or go one step up with luxury vinyl tile (LVT) that is actually grouted. With LVT and other vinyl flooring, you might not even need to rip up your existing floor.

2. Choose New Hardware Wisely

kitchen hardware cabinets roi

Image: Pinterest

New cabinet knobs and drawer pulls can quickly and inexpensively update your kitchen. However, there are a few tips to keep in mind. Intricate, complicated designs will attract more dust than a simple round knob, and a high-gloss finish will show fingerprints. Instead, opt for oil-rubbed bronze, which will hide dirt thanks to its rich color and copper undertones. Another wise choice is a brushed metal satin finish in stainless steel or nickel, depending on whether you prefer chrome or beige, respectively. These finishes all look modern and will for quite some time.

For all five kitchen remodeling tips with the best ROI, read the full post.

What do you want to replace in your kitchen? Tell me in the comments.

Kitchen: Building Your Remodeling Budget

 

It is true that building your kitchen remodeling budget is not nearly as much fun as dreaming up color schemes and looking at backsplash samples. It is, however, a necessary step in your kitchen remodel to prevent a large financial headache.

When creating your remodel budget, it is helpful to sit down with your designer to discuss the budget that you have in mind and the components of the remodeled kitchen that are most important to you.

Some considerations:

  • Know if you are planning on living in the home for over 5 years, or if this home will be an investment to sell in the next few years.
  • Determine if this remodel will put your house in a pricing position that is comparable to other homes in your neighborhood.
  • Don’t forget to include labor costs; these can add up to one-third of your budget.
  • Leave a cushion in the budget for the unexpected.
  • Once the remodel has begun, keep a running total of what you are spending and how it compares to your budget.
  • And lastly – plan, plan, plan! Having solid, researched construction and design decisions in place before work begins will help eliminate costly mistakes.

Hiring an experienced designer and remodeler will help you plan your kitchen makeover with a design that works for you and your budget.