One of the best ways to add value to your home and increase your home’s functionality is by renovating your kitchen. But before you start the kitchen renovation process, it’s important to set a budget for the project. Here are our top tips for budgeting for an upcoming kitchen renovation:
- Know how much you can spend—While it would be nice to live in a world where you could spend as much as you want on a kitchen renovation, this is not the case for most people. Sit down and decide how much you want to and can spend on your kitchen remodel.
- Break the costs down—Next, figure out what you want to spend your money on. Break down these costs and attribute a certain amount of money to each expense. For example, you may decide that you want to put $5,000 toward new countertops and several hundred dollars toward new lighting.
- Plan for the unexpected—During any kitchen renovation, it’s almost inevitable that something will happen, and you’ll need to find room in the budget to take care of it. For this reason, we recommend increasing your renovation budget by up to 20% to cover the cost of any unforeseen expenses.
As your renovation contractor, we will help you stick to your budget, so you get the kitchen you want without overspending. For more information about our kitchen renovation services or to set up a consultation, contact us today.