Know Where Your Money Is Going During Kitchen Remodeling to Keep Costs Down
The average cost of a kitchen overhaul is $ 56,768, according to Remodeling magazine . You could control costs during the renovation by knowing where the money is going and how your choice will affect the final cost.
HGTV reports that labor typically takes up 20 to 35 percent of a project’s cost, and cabinets also take up a significant chunk (if not most) of the budget. Here’s the average breakdown:
35 percent: wardrobes
20 percent: labor
20 percent: home appliances
10 percent windows
5 percent: fixtures
3 percent: fittings
7 percent: other
Of course, your mileage will depend on your choice. Complicated designs will lead to more skewed workforce, while high quality custom made cabinets will greatly increase the cost of your product, but not labor and installation.
Breakdown knowledge helps when you’re on a tight budget and evaluating contractors’ estimates or deciding where to go broke and where to save money during renovations .