Step 5: set your kitchen budget
Realistic Budgeting for your project
Setting a kitchen remodeling budget shouldn’t be overlooked. It will guide choices early in the process and bring peace of mind during later stages.
There are several factors which will affect your kitchen renovation budget such as:
- The overall size of your space and how much of that space will be devoted to cabinetry
- The main functions of your kitchen, from cooking to entertaining, home office and more
- Whether or not your kitchen requires an island, either for storage, seating or food prep
- The current condition of the floor, walls and ceiling in your space and if any will require replacement
- The potential for re-locating any key components of your kitchen such as gas, electrical or plumbing
- The extent to which you will take an active role in the installation and finishing of your new kitchen
It is best to do your budgeting before getting too involved in the actual design of your space. This way you can have your budget in mind as you proceed with the design, and will be less likely to go over.
Most important is to go into the kitchen remodeling process with a resolve to stick to your established budget. If unforeseen circumstances do arise, you can always revise your budget and continue to move forward.
How Much Does a Kitchen Remodel Cost?
How much should you budget for a kitchen renovation? There are many aspects to your new kitchen beyond the cabinetry, and you have to be sure that your budget takes each of those aspects into consideration.
This chart will give you an idea as to how much of your overall remodeling budget should be set aside for each of the kitchen renovation aspects shown. Each segment is adjustable, within reason, but try to stick with this breakdown as a starting point for your kitchen remodel budget.
Lock In Your Kitchen Budget with Your Kitchen Craft Designer Consultation
Once you’ve come up with some initial kitchen budget numbers, it’s time to book your consultation with a Kitchen Craft Designer. Their knowledge and experience will help guide you into making the right decisions based on your predetermined budget.
Start by asking your designer to recommend or show you appropriate cabinet styles that will help you adhere to your budget. Look carefully at the options your designer gives you, picturing yourself actually using the space. Narrow down your choices to those styles that meet both your style aesthetic as well as your budget.
We recommend that you get all the storage and organization options you need and want, even if it means choosing a more affordable cabinet door style and/or cabinet colour. You don’t want to regret limiting the amount of storage you have after your new kitchen is installed.
Your Kitchen Craft Designer can assist with that as well, for example, suggesting alternate wood species which will look just as amazing in your new kitchen. This will save money that can be allocated to more important inclusions like perhaps a tall pull-out cabinet loaded with easy-to-reach adjustable storage shelving.
Your kitchen remodel budget is a vital aspect of your overall project scope, especially if you’re planning to do more work on your home beyond just the kitchen, such as a new bathroom, laundry room, or even additional cabinetry for storage in the garage.
Remember that you can rely on the experience and expertise of your Kitchen Craft designer and their extended team to create a kitchen design you will love.
