It shouldn’t surprise you that adding some zest to your kitchen is a great way to increase the value of your home.
However, every kitchen overhaul comes with the unshakeable stereotype that remodelling efforts are only valuable if you break the bank; the more you spend, the better off you’ll be.
That’s a major misconception. In fact, the value added when renovating your kitchen is not a product of how much money you pump into it, but the results you get from your investment.
When thinking about kitchen work, it’s important to think outside the box and make sure that you’re not only jazzing up the appearance of your kitchen, but improving its functionality as well.
That’s why you need to think critically about what remodelling moves will be the most impactful for your kitchen.
Especially if you’re working on a budget, saving money where you can is absolutely critical to having money to spend on changes that make a difference.
Here are a few rules to abide by to make sure you get the most from your efforts.
Choose a Reasonable Budget
Figuring out the budget of a kitchen remodel is based on two things: what you’ve got in your pocket and how much it costs to make your desired changes.
The former is a personal thing. Depending on your financial situation, you need to assess how much you can feasibly set aside to improve your kitchen.
If it’s important to you, it’s worth the money, but make sure you leave yourself enough to spend on other things as well.
Evaluate the cost of the remodel against your income to make sure you avoid a precarious situation later on.
There’s a variety of budgets for kitchen remodels, and the right one depends on what you are trying to do.
A general rule of thumb is that a low-end remodel will be around $10,000, a medium will be close to $20,000 and a high-end remodel could set you back as much as $30,000.
Of course, these numbers change depending on what specific parts of your kitchen you’re hoping to work on.
Look for Bargains
If you don’t fancy yourself stingy, the difference between spending $1950 and $2000 on cabinets might seem small in the grand scheme of things.
However, all the extra money you spend adds up when you remodel, especially if you are investing in a variety of different upgrades.
Think of it this way. If you stick with the first quote you find, you might be overlooking some potentially cheaper options.
If you spend $1100 instead of $900 on countertops, $900 instead of $700 on flooring and $700 instead of $500 on a sink, you’re losing $600. That could be enough to install multiple appliances.
Of course, there’s a difference between saving money on a purchase and sacrificing quality for a lower price. Make sure that you can identify a steal when you see one.
Pick Your Battles
It’s fair to say that, unless you are willing to take your entire home to a new level, you don’t need to upgrade EVERYTHING in your kitchen.
Just because you don’t have the most glamorous faucet doesn’t mean you need to spend hundreds of dollars on a new one.
If your faucet works and its aesthetic doesn’t contaminate the rest of what you’re upgrading, it might be smart to save your money and spend it on something that more in need of glow up.
Take a long look at your kitchen. What frustrates you the most?
What are the parts that you’d feel the need to explain or make excuses for when showing it to a potential buyer?
Those are the parts you should spend big bucks on improving.
There are so many things you can do to improve your kitchen. You can repaint the walls, replace the tiles, buy new appliances, countertops, cabinets, faucets, flooring, refrigerators, sinks…the list goes on.
However, just because you can make these upgrades doesn’t mean you need to.
Want to improve the overall aesthetic of your kitchen?
Focus on repainting the walls or cabinets. Want to make it more functional? Spend the bulk of your money on new appliances.
Only Replace When Necessary
Spicing up your kitchen doesn’t have to mean tearing everything down and starting from scratch.
There’s a chance that, even if something is an eyesore or needs to be fixed, steps can be taken that don’t involve purchasing something brand new.
Getting brand new cabinets or countertops can end with your forking over way too much money for a result that could be achieved with a simple upgrade.
Sometimes, that’s all it takes to make your kitchen look miles better than it did before.