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What percentage of a kitchen remodel should be labor?

Know how the costs will break down.

Labor will consume anywhere from 20 to 35 percent of your project costs. Cabinets can also devour a big chunk of your kitchen remodel budget.

How do I figure out my kitchen remodel budget?

Calculate a budget based on home value

Experts say that, as a rule of thumb, plan to spend between 5% to 15% of your home value on a kitchen renovation.

What percentage of home value should be spent on kitchen remodel?

According to HomeAdvisor.com, you should follow the 5 to 15 percent rule, which means your kitchen remodel should cost no less than 5 percent of your home's value and no more than 15 percent.

How much should you spend on renovating a kitchen?

HomeAdvisor puts the average 2023 kitchen remodel price in the $14,549 - $40,425 range. A small kitchen remodel can cost as little as $10-15,000 and a lavish remodel can cost as much as $130,000+.

What is the most expensive part of a kitchen remodel?

Cabinets

While cabinets are the clear winner, some elements are next in line, too. Other expensive aspects of a kitchen remodel include appliances like the refrigerator, microwave, oven, and dishwasher that cost $7000 – $12,000 on average. Next are kitchen countertops for $6000 (including installation).

What are the most expensive parts of a kitchen remodel?

While cabinets are the clear winner, some elements are next in line, too. Other expensive aspects of a kitchen remodel include appliances like the refrigerator, microwave, oven, and dishwasher that cost $7000 – $12,000 on average. Next are kitchen countertops for $6000 (including installation).

Frequently Asked Questions

Is 40k enough for a kitchen remodel?

Average Kitchen Remodel Costs in 2023

According to the 2023 U.S. Houzz Kitchen Trends Study, the median cost for a minor kitchen remodel is $10,000, while the median cost for a major remodel - when at least all the cabinets and appliances are replaced - is $40,000.

How do I set up a budget for a kitchen remodel?

Calculate a budget based on home value

Experts say that, as a rule of thumb, plan to spend between 5% to 15% of your home value on a kitchen renovation.

FAQ

How much to budget for kitchen renovation

Sep 6, 2023 — Kitchen remodel costs break down to around $75 to $250 per square foot, depending on what you are going for. A small kitchen of around 75 square 

How to renovate your kitchen on a budget from $1000 to $15000?
How to renovate your kitchen on a budget, from $1,000 to $15,000
  1. $1,000: Paint and add new accessories.
  2. $5,000: Hire a pro to paint or refinish your cabinets.
  3. $10,000: Get new countertops, floors and backsplash.
  4. $15,000 and up: Reface your cabinets and/or get new appliances.

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