When considering a kitchen renovation, the most common questions asked by homeowners are related to cost and if the remodel will increase the value of their home.

We have answered these questions below to help make the decision process a little easier.

1. How much does a kitchen remodel cost?

Kitchens are the most expensive and popular rooms in the home to renovate. The average price for a kitchen remodel in the United States is $25,510 according to Home Advisor. Although, a full-size kitchen remodel can reach in excess of $50,000. The cost of a kitchen renovation varies on a number of factors such as the, the extent of the remodel, size of the kitchen, the amount of materials, and the quality of those materials. In essence, there are numerous factors that influence the cost of a kitchen remodel so the total cost for each remodel can differ substantially.

It is important to set a budget at the beginning of the kitchen remodel project. Developing a solid plan will help make the process less stressful and more enjoyable. It helps to keep in mind that most renovation projects are more likely to end up going over budget rather than under budget.

2. What is the most expensive part of a kitchen remodel?

Kitchen cabinets are generally the most expensive portion of a kitchen remodel. The cabinets can often account for up to 50% of the kitchen remodel price. There are a few reasons that cabinets are so costly. The first is that the materials the cabinets are comprised of can be expensive. The second reason is that cabinet installation can be labor-intensive which adds to the cost of installation. Lastly, extra costs are induced for any custom design work you may need.

3. How much value does a kitchen remodel add?

The average amount of home value regained for a mid-range kitchen remodel is 78%, according to Remodeling Magazine. This return on investment (ROI) is higher than most other home remodeling projects. We have included a link to the various ROI for different home improvement projects which highlights the 2020 cost vs value report for home remodeling projects.

A large factor that isn’t represented in the ROI calculations is the ethereal benefits of a kitchen renovation. The popularity of Kitchen remodels isn’t only attributed to the ROI, it’s also due to the aesthetic impact a remodeled kitchen can have on the entire home.

To explore more about these and other topics, check out Modern Blu-Austin’s resources or Remodeling Magazine’s Cost vs Value Report:

For any questions, call Modern Blu Austin at 469-546-7636 or contact us online to schedule an appointment if you are in the Leander, Cedar Park, or Lago Vista areas.