On average, homeowners in the U.S. spend between $12,000 and $35,000 for a mid-range kitchen renovation. However, for high-end renovations with custom cabinets, luxury appliances, and premium countertops, the price can soar to $75,000 or more.
Experts say that, as a rule of thumb, plan to spend between 5% to 15% of your home value on a kitchen renovation. If your home costs $300,000, your kitchen renovation budget range should fall between $15,000 and $45,000. Staying in this range will help you maximize the return on your investment.
Absolutely! Smaller kitchens can see remodels ranging from $5,634 to $12,000. However, it's crucial to grasp the variables influencing a remodel's budgetary confines.
Prioritise the most essential changes. This ensures the most needed updates and renovations get done in case the funds run out further down the line. Use the 5-15% rule. The entire remodel should cost no less than 5% of the current value of the home - and no more than 15%.
Most contractors won't touch a kitchen remodel for that price point. 20k would be absolute low end products, slam n jam, rental property quality. You could get it done with decent quality products for 20k if you did the work yourself though.
New cabinets typically cost the most in a kitchen remodel, which can eat up to 40% or more of the whole kitchen remodel budget. You can save by keeping your existing cabinets and giving them a makeover. The next largest cost is appliances because each new item can cost $500 or more.
The average homeowner spends between £5,000 and £12,000 on a new kitchen, though budget kitchens can cost as little as £3,000. On the other end, larger, luxury kitchen installations can cost upwards of £28,000.
With smart decisions, you can redo your kitchen for $5,000. While you may not afford high end designer finishes, you can still achieve a stunning transformation. Here's how to stretch your budget and make every dollar count.
However, if you explore your options properly, you can choose the cabinet of your choice and price range. Cabinets alone cost $4000 – $15,000. But why are cabinets the most expensive part of a kitchen remodel? It is because cabinets not only provide storage solutions but also look visually stunning.
Pricing per total value of kitchen, excluding appliances
The average total cost for a kitchen we sell, excluding appliances, is approximately $5,500. The average installation for this kitchen typically costs about $2,500.
The average kitchen remodel costs about $15,000.
Cabinets are also one of the foundational aspects of your kitchen; one that is obviously essential for storage and is required to make a functional space. This is the main reason they are also the most expensive part of your kitchen's remodel.
How Much Does It Cost to Renovate a House? The typical cost to renovate a home is around $10–60 per square foot. So if you renovated a 130-square-foot room, it would cost somewhere between $1,300 and $7,800.
There are many ways to pay for a kitchen remodel, but home equity loans are the most popular because they're tax deductible.
Yes, white shaker cabinets remain popular in 2024, often paired with bold colors and unique hardware to create a modern yet timeless kitchen aesthetic. Their versatility complements various design styles, making them a favorite choice among homeowners.
Complete Remodel
If you're ready to make your dream kitchen a reality, we can help with design and installation services. Why should I work with Lowe's to complete my kitchen installation project? Lowe's partners with top independent installers from your local community who are licensed, insured and background checked.
Your new kitchen could cost anywhere from $14,000 to $50,000 or more, depending on the size and scope of your project. Typical kitchen remodels range from $14,607 to $40,616.
Types of kitchen remodels
For slightly more substantial work (replacing floor, more appliances), you may be able to get away with $10,000 to $20,000 on a small kitchen upgrade. Midrange: involves adding design elements like a kitchen island, installing custom cabinetry and changing the flooring and lighting.
On average, a kitchen renovation should only cost between 5-10% of the value of your home. From our survey, we've revealed the average price homeowners pay for new kitchen items like cabinets and worktops.
A kitchen appreciation fee is an extra charge added to a restaurant bill, usually between 2% and 10% of the total before tax.
Countertops: A Striking Statement Piece
Countertops often take the lead when it comes to the most expensive part of a new kitchen. These surfaces play a significant role in both functionality and aesthetics. The cost of countertops can vary greatly depending on the material, size, and level of customization.
Because of this, some experts recommend that you should renovate your kitchen every 10 to 15 years. There are certain circumstances where you may want to renovate sooner rather than later. Here are a few things to think about before planning your next renovation.
For a 10×10 kitchen with budget-friendly furniture, appliances, and mid-range furnishings, the cost may range from $10,000 to $15,000. Conversely, a kitchen with designer furnishings and high-end appliances could cost around $30,000, and premium options could exceed $45,000.