The National Kitchen and Bath Association recommends spending no more than 10%–15% of your home's total value on a kitchen renovation. This amounts to no more than $30,000–$45,000 for a $300,000 home.
What is the most expensive part of a kitchen remodel?
As mentioned earlier, cabinetry usually tends to be the most expensive part of a kitchen remodel. It can cost up to $15,000 even in a relatively minor remodel with a budget of about $30,000. In an upscale remodel, choosing kitchen cabinets can take up nearly 20 to 40 percent of the entire budget.
How much does it cost to remodel a 10x10 kitchen?
Between $15,000 and $30,000
On average, homeowners will typically spend anywhere between $15,000 and $30,000 in terms of their 10x10 kitchen remodel cost, based on their needs and what size remodel they're planning on doing.
What is the average cost of a new kitchen?
The average cost of a new kitchen in the UK in 2023 ranges from £5,000 to £12,000. Factors such as quality and style of cabinets, choice of worktop materials and type of appliances can significantly influence the cost.
Is 40k enough for a kitchen remodel?
A kitchen remodel can cost anywhere between $10,000 and $40,000, but the price will depend on a variety of factors.
What is the biggest expense in a kitchen remodel?
Part of determining that price of your kitchen remodel is the extent of your makeover. Your biggest cost investment for a kitchen remodel will usually be cabinets, which typically eat up 25 percent of your budget.