Limit spending on the kitchen remodeling to about 15 - 20 percent of your home's value. According to the National Association of Home Builders, updating and remodeling your kitchen will add more value than any other improvement. Even if you plan on moving at some point after the remodel, don't forget that kitchen projects add more value to your home than any other improvement.
Like anything else in this world a kitchen remodel is going to cost more than you thought it would and the sky is the limit on what it can cost depending on your tastes. There are multiple factors that go into determining a remodeling budget.
The cost of a kitchen remodeling job can vary widely, depending on the extent of the remodel. For the average $250,000 American home a complete kitchen remodel will range from $20-30,000 for a complete remodel with all new appliances. You can easily spend over $100,000 if you let your kitchen remodel get out of hand, or if you desire a gourmet kitchen. You can reduce the cost of your kitchen remodeling job by doing some of the work yourself, but if you are spending this kind of money, you want the total product to look professional, and unless you are an expert, it is usually best left to the professionals.
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