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Kitchen Renovations by Budget: How to Get Your Money’s Worth

 

Kitchen Renovations by Budget: How to Get Your Money’s Worth

POSTED BY administrator on Apr 25 under kitchen

Kitchen Renovations by Budget: How to Get Your Money’s Worth
News from Wall St. Cheat Sheet:

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The kitchen is one of the most popular rooms people choose to remodel, and it can be a costly endeavor. In terms of dollars and cents, the average kitchen remodel runs about $ 18,500, making it important to know what you’ll be getting for your money. Before you start picking out cabinets and tiles, the first thing you need to consider is budget.

Many people suggest that you use your home’s current value to help determine the budget for your new kitchen. Based on that, you want to try and keep the kitchen within 15 percent of the market value of your house. Viola Park, a kitchen design company, explains how this works. The guideline given, which many remodelers use, is the 5 to 15 percent rule. If the entire project is less than 5 percent of your home’s value, you run the risk of devaluing your kitchen; anything over 15…………… continues on Wall St. Cheat Sheet

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