How much should I save for a new kitchen?

Author: Elenor Marquardt  |  Last update: Wednesday, April 2, 2025

HomeAdvisor puts the average 2023 kitchen remodel price in the $14,611-$41,432 range with the median cost at $26,790. A small kitchen remodel can cost as little as $10,000-$15,000 and a lavish remodel can cost as much as $130,000+.

What is the average budget for a new kitchen?

Typical kitchen remodels range from $14,607 to $40,616. The project cost depends on the style, color of cabinets and finishes. If you choose more basic cabinets and finishes, you will likely pay the low end of that price range and vice versa if you select more intricate design elements.

Is $10,000 enough for a kitchen remodel?

' Depending on the place you live in, most kitchen remodels' costs start at $10000 and go way higher upto $100,000. So it seems like a far off dream for most of us to get ourselves a top-notch new kitchen in such a small amount.

How much should I save for a kitchen?

Depending on the size of your kitchen and whether you're remodelling some cabinets or having a complete renovation, the price can vary widely. On average, a kitchen renovation should only cost between 5-10% of the value of your home.

Is $30,000 enough for a kitchen remodel?

A $30,000 budget is usually sufficient for a mid-range kitchen remodel, but the final cost will depend on your specific needs and design goals.

How Much Does a High End Kitchen Remodel Cost & Kitchen Remodel Cost Saving Tips

What is the biggest expense in a kitchen remodel?

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.

Can you do a kitchen for $5000?

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.

Is 20k enough for a kitchen remodel?

The short answer is, yes! A kitchen renovation can be a costly endeavor, but it doesn't have to break the bank. With careful planning and smart choices, you can achieve a stunning kitchen remodel for under $20,000.

What costs the most in a kitchen?

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.

What is the most expensive thing in a kitchen remodel?

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.

What is a realistic budget for home renovation?

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.

How do you negotiate a kitchen remodel?

Things to Negotiate when Remodeling a Kitchen
  1. Consider design fees and added markups. ...
  2. Update your appliances wisely. ...
  3. Cut some corners and do it yourself. ...
  4. Don't compromise on quality where it counts.

What is the most popular cabinet style for 2024?

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.

How much does a new 10x10 kitchen cost?

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.

How much should I pay for my kitchen?

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%. Prepare for the unexpected. 20% of your budget needs to be set aside for unexpected costs.

What makes a kitchen look cheap?

Things that make small kitchens look cheap
  • Cluttered counters. ((Image credit: deVOL Kitchens )) ...
  • Low quality materials. ((Image credit: Quorn Stone )) ...
  • Too many colors or patterns. ((Image credit: Sherwin Williams)) ...
  • Oversize hardware or fixtures. ((Image credit: Nkuku )) © Provided by Homes & Gardens. ...
  • Poor lighting.

How long does a kitchen remodel take?

Kitchy Crouse of KC Interior Design in Cardiff by the Sea, California says, “a regular kitchen renovation can take from 6 to 12 weeks depending on what is being done, not including the planning and design phase. That can add another 2-4 weeks.

What is a realistic budget for a kitchen remodel?

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.

Is $50000 enough to renovate a house?

A: While $50,000 can be enough to renovate a house, you'll likely find yourself prioritizing certain rooms over others.

Can I remodel my kitchen for $25,000?

A full remodel in a 10x10 kitchen will cost between $15,000 - $25,000 depending on if you choose to include optional tasks such as replacing lighting and adding cabinet organization accessories.

How to redo a kitchen on a low budget?

Use Less Expensive Materials

It may not be possible to refurbish existing materials. For example, structurally sound kitchen cabinets can be refaced, re-stained, or painted. If not, the cabinets should be removed and replaced. Using less expensive materials pares down costs and keeps the kitchen budget within reason.

Is it worth investing in kitchen?

Overall, investing in your kitchen will not only enhance your living space but also add value to your property, making it a smart investment for you as a homeowner. Refresh your home without breaking the bank, and make your kitchen the stand out feature.

How much should I budget for a small kitchen?

Size. Remodeling a kitchen costs about $150 per square foot. The average size of a small kitchen is between 70 and 100 square feet, so anticipate spending between $10,500 and $15,000 for a kitchen of that size.

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