Kitchen renovations are great ways to increase the value of your home. For residents in New Haven, remodeling can also secure greater functionality for your conventional kitchens. Whether it’s new designs, appliances, or entire make-overs, kitchen remodels must be able to meet your needs within time and budget. Before undertaking a kitchen remodel or any remodeling projects, you must determine overall costs and value. Most kitchen remodels in Connecticut range between $15,000 to well over $100,000. This depends on your overall design scheme, along with time, labor, materials, and other essential factors. While the national averages for kitchen remodels were nearly $20,000, those figures have slightly increased in the last few years.
The current average for high-end kitchen remodels is around $60,000. This, of course, is based on your overall home value and kitchen size. It is also based on your specific kitchen style, which may or may not include advanced components and appliances. For remodeling endeavors, it is best to set your renovation budget at 15% of the overall value of your house. For example: if your home is worth $250,000, your kitchen renovation costs should range near $37,500. In addition, you should allocate a 10-20 percent cushion, in case of overruns or unforeseen circumstances. With any kitchen remodeling job, costs will vary based on design and blueprint. According to the National Kitchen and Bath Association, the following cost factors must be taken into consideration for any kitchen remodel:
- Cabinetry – 36 percent
- Counter tops (Granite, Marble, etc.) - 14 percent
- Appliances (Cookers, toasters, etc.) - 12 percent
- Flooring (Hardwood, Vinyl, etc.) - 6 percent
- Hardware (Cabinetry, Door knobs, handles, etc.) - 6 percent
- Lighting (Fixtures, Systems, etc.) - 6 percent
The rest of your budget will be based on design, construction, and permit costs. Assessing all these costs offers a great starting point for your kitchen remodeling job.