How much should I spend on a kitchen renovation?

The Average Kitchen Renovation Cost

Depending on the extent of the work required, a typical kitchen renovation budget can range from 3-8% of the value of your home. If you are planning a complete kitchen remodel, including new cabinets, appliances, flooring, and countertops, you should budget for closer to 8% of your home’s value. If you are only making cosmetic changes, such as painting or replacing hardware, you may only need to budget 3-5% of the value of your home.

If you’re planning a kitchen renovation, you should have a good idea of what your budget should be. The cost of a typical kitchen renovation will vary according to the size and scope of your project, but there are some general guidelines you can follow.

A small kitchen renovation will cost between $5,000 and $10,000. This will include fundamental updates such as new countertops, appliances, and cabinets. A medium-sized kitchen renovation will cost between $15,000 and $20,000. This could include new flooring, windows, and more extensive cabinet and counter work.

You should budget $25,000 or more for a large kitchen renovation project. This may entail tearing down walls to create an open-concept layout, installing high-end finishes and appliances, and other changes.

No matter how large or small your kitchen renovation is, working with a professional designer or contractor will help you stay on budget. They can assist you in making wise material and finish selections that are within your budget and avoid costly mistakes.