What is a realistic budget for a kitchen remodel

What is a realistic budget for a kitchen remodel

A realistic budget for a kitchen remodel depends on your financial situation and the value of your home. As a general rule, you should spend no more than 15% of your home’s total value on a kitchen remodel.

For example, if your home is worth $200,000, a realistic budget for a kitchen remodel would be $30,000. This budget should cover everything from materials and labor to appliances and fixtures.

It’s also important to set aside a contingency budget for unforeseen expenses. This is typically 10-20% of your total budget.

So, if your total budget is $30,000, you should set aside $3,000 to $6,000 for unexpected costs.

Remember, it’s important to stick to your budget. It can be tempting to splurge on high-end appliances or finishes, but these can quickly eat up your budget.

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