How Much Does it Cost to Remodel a Kitchen?

white kitchen

If the kitchen is the heart of the home, what does it say when yours is falling apart? Outdated fixtures, old appliances, or a dysfunctional layout might have you daydreaming about a full kitchen renovation—but how much will it cost to remodel your kitchen?

Before you begin your kitchen remodel, you might want to consider why you’re remodeling, how much work it will require, when you’ll schedule the renovations, and how you’re going to pay for it all, not to mention the obvious: if, ultimately, it will add value to your home.

Why Should I Remodel My Kitchen?

Zillow Housing Aspirations Report , 76 percent of Americans said they’d prefer to spend on upgrading their home rather than using the money as a down payment for a new home.

Homeowners remodel for different reasons, but it’s important to consider the cost, have discussions with your spouse or partner around the kitchen table, and evaluate what the average return on the kitchen remodel will be before diving into plans or spending a large portion of your overall home renovation budget.

Do you plan to live in your place a few more years and enjoy your new kitchen, or strategically upgrade for a more appealing home sale in the near future? The answer will probably influence where and how you spend money on your kitchen.

What is the Average Return on a Kitchen Remodel?

The truth is you may have a difficult time recouping the total cost of a kitchen remodel in a home sale. When it comes to making money off of a kitchen remodel, the best bang for your buck may be less costly but visually impactful minor renovations: things like replacing the fronts of cabinets, upgrading countertops, replacing fixtures like faucets or lights, repainting, or putting in new flooring.

According to Remodeling Magazine’s Cost vs. Value Report 2020 , the national average return on investment (ROI) for that work is approximately 78%. An upscale remodel, on the other hand, yields a 53.9 percent ROI on average.

If you’re looking at a kitchen renovation solely to add value to your home in a sale, you might want to consider other upgrades that are higher in return and lower in cost, as well. In a Zillow survey , 58 percent of buyers said having their preferred style of kitchen was “extremely or very important to their home-buying decision.” Thus, if you’re considering selling your home in the near future, small, strategic updates instead of a full-blown kitchen remodel could potentially help the sale of the home.

How Much Should I Spend on a Kitchen Remodel?

The budget for your remodel will vary widely based on the amount of work you want done and the quality and cost of the materials you choose. On average, homeowners spend between around $22,000 for a minor kitchen remodel up to $116,000 for an upscale kitchen remodel. With such a wide range to consider, it might be wise to think about what your budget is before calling in contractors.

Consider what overall changes you want to make to your space. Will the kitchen remodel be a simple update of appliances, or do you want to change the entire layout and design?

Once you have an idea of what you want in mind, consider how to budget for it. What items or updates are must-haves in your kitchen remodel? What could be removed if the tally for your overall kitchen renovation ends up being too pricey? A prioritized list of updates or changes with the estimated cost for each project attached can be a helpful guide when trying to stay on budget within a certain price range.

Deciding how much you want to spend on your remodel is entirely up to you. If you’re looking for guidelines, HGTV recommends spending between 6 and 10 percent of the value of your home to get the best ROI.

But even the best planned budgets might go awry, so including a line item in your budget for unexpected expenses can help down the line. Use our Home Improvement Cost Calculator to get an idea of how much your kitchen remodel will cost.

Where Can I Cut Costs Remodeling My Kitchen?

If you’re trying to keep costs down on your kitchen remodel, keep in mind that certain design choices are likely to drive the budget up. In a full-scale kitchen remodel, new kitchen cabinets are typically the biggest expense, generally accounting for 20 to 40 percent of the project budget. If you’re looking to cut expenses in your kitchen remodel, you might consider trying to refinish or reface your existing cabinets, as well as adding new hardware for a more modern look.

10 to 12 weeks ; however, note that’s simply an expectation. The reality could be very different, and the time of year will also come into play.

The Takeaway

A recent kitchen remodel can be a big selling point for potential buyers if you intend to sell your house in the next few years. Renovating your kitchen also can be a way to add functionality to a home you plan to live in for years to come.

When beginning the process of plotting out your kitchen remodel, set a budget and prioritize what facets are most important to you. Look at the average return on a kitchen remodel investment and also consider how much of the work you potentially can attempt yourself versus what you’ll need to hire a contractor to do.

While cabinet finishes, new appliances, and fresh countertops can be exciting, setting aside a budget often is not. If it looks like your ambitions could outspend your budget, you might consider taking out a personal loan.

Personal loans from SoFi have low interest rates available for those who qualify, and offer fixed monthly payments. These 100% fee-free unsecured loans might be just the recipe to getting your perfect kitchen.

Find out more about using a SoFi personal loan to update your kitchen.


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6 Essentials for an In-Home Movie Theater

While winter weather can make going outside seem less than inviting, you can entertain your family indoors with your favorite movies and shows in a home theater. With a little help, your theater setup might make the cold a little more bearable. Here are six must-haves for your home theater.

1. Theater Seating
Comfortable leather recliners with cushy armrests are a staple of any home theater. The amount of seats is reliant on the size of your space; viewers shouldn’t feel too cramped. Also, the distance you place them from your screen depends on the screen’s size. An easy way to determine seat distance is to take the horizontal length of your screen and multiply it by two to get the minimum distance. Multiply it by five to get the maximum distance. For example: A 60-inch screen would have a minimum distance of 120 inches, or ten feet, and a maximum distance of 300 inches, or 25 feet.

2. Video Projector
Installing a quality video projector can ensure that you and your viewers enjoy the best picture possible. Pay attention to the projector’s throw distance, or the distance at which it should be placed away from your screen. Also, consider how far down you should hang your projector and at what angle to tilt it. Most projectors have vertical lens shift, which allows you to adjust the projection regardless of how you mount your projector. For those that don’t, hang your projector with an extension pipe so that you can adjust the hanging distance to perfect the projected image.

3. Projector Screen and Lighting
For screen placement, pick a wall where light does not fall on it directly. You can even paint your walls a dark color to avoid glare. Mount the screen on your wall so the bottom is between two or three feet off the ground. This helps every seat in your theater achieve the perfect view. Try adding dimmable overhead lights to add an authentic cinema feeling.

4. Surround Sound
The most common speaker system for home theaters is 5.1 surround sound. This six-speaker system is comprised of five full-range speakers and one low-range speaker known as the woofer. The ideal setup for 5.1 surround sound is three speakers and the woofer toward the front of the room, with the remaining two on either side of the back end of the room. Place each speaker at least 20 inches from the wall. If six speakers seem excessive, try a simple three speaker setup with a speaker in front of your screen and two others to the left and right.

5. Sound Paneling and Acoustics
Rectangular windowless rooms generally have better acoustics than square ones, but you might not be able to remodel just for your home theater. Sound absorption panels to prevent echoes, although standard dry wall paneling is usually adequate acoustic material for home theaters. Installing carpeting may also improve the acoustics of your in-home theater and add a level of comfort for viewers.

6. Mini Fridge
Keep a small refrigerator in your home theater and stock it with refreshments that are easily accessible. After all, you won’t have to stand in line and worry about missing your movie when you’re home! You may also want to stock old movie favorites like popcorn and candy in a non-refrigerated unit in the theater. Just don’t eat too loudly during the movie.

With these home theater features, being snowed in this winter might not seem so bad!

The post 6 Essentials for an In-Home Movie Theater first appeared on Century 21®.

Source: century21.com

How to Plan a Budget If Your Home Is a Fixer Upper

When your home is a fixer-upper, it can be difficult to even know where to start with a renovation. The list can be overwhelming—fix the patio, change out the mustard yellow carpet, buy furniture, paint the house. With a never-ending to-do list, planning a budget can seem virtually impossible.

By sorting through your list of wants and needs and focusing on essentials, you can outline a budget that won’t keep you up at night. Here are some tips on how to plan a budget for turning your fixer-upper into your first dream home.

How to Plan a Budget If Your Home is a Fixer Upper

1. Sort through the “wants” and “needs.”

Where do you even start with a renovation budget? With a limited fixer-upper budget, it’s essential to make functionality the first priority. When the roof is leaking and your fridge is dead, this is where the budget begins. First, determine what infrastructure items require repair or an essential upgrade, as these are typically big-ticket items. Next, focus on beautifying projects that will reap benefits in the long run, like bathrooms and kitchens. Hold off on budgeting fancy appliance upgrades and expensive decor if you already have working items—these can come at a later time after you take care of all the essentials.

How to Plan a Budget If Your Home is a Fixer Upper

2. Consider purchasing used over new.

Give your budget more flexibility by going for used over new with certain big-ticket items. Used appliances, for instance, can be found in great condition from other remodels or homeowners upgrading to the latest technology. Used furniture is also a fantastic way to keep your fixer-upper budget low. Don’t forget—sofas, vintage chairs, tables and more can be easily reupholstered and refinished. They’ll look brand new for just a fraction of the cost. 

How to Plan a Budget If Your Home is a Fixer Upper

3. Be ready to DIY with a gift card.

As a first-time buyer, there’s a 99 percent chance you’ll be diving into the realm of DIY. Learning one or many DIY skills will not only come in handy with home repairs in the future, but it’s a fantastic way to keep labor costs low. If you’re worried your DIY supply budget will get out of hand, however, shop with a gift card to your local hardware store. That way, you’ll always be working with a fixed amount of money and won’t be tempted to add on any expensive extras. It’s a guaranteed way to keep your budget in check.

How to Plan a Budget If Your Home is a Fixer Upper

4. Get creative.

Fixer-uppers are great hands-on projects, and creative solutions are key for keeping your budget in line. For items like cabinetry that may be in good condition but out of style, get creative with refinishes to bring new life into your space. Give your kitchen a fresh take by painting cabinets in a modern shade, or reface them for a whole new look without the added cost of all-new cabinetry. Replace hardware on cabinetry, furniture and built-ins to make your pieces feel brand new. Even outdated fireplaces, doors, furniture and windows can go a long way with a fresh coat of paint and new hardware. Consider this cheap alternative to help save room in your budget for the fun stuff.

How to Plan a Budget If Your Home is a Fixer Upper

5. Let the professionals help.

Whether you’re starting with the kitchen or diving into a full-scale remodel, don’t be afraid to seek professional help. No matter what your budget, a professional’s advice can help ensure that your renovation has as few hiccups as possible. City codes, minute details and hidden elements can wreak havoc on projects, so let a master guide you through those hurdles instead of trying to blindly tackle them yourself. Don’t let the potential price tag deter you from investing in having expert guidance—many architects and designers have options for paying an hourly rate. This is a great option, especially for fixer-upper and DIY projects, as it allows your plans to be looked over by professionals without the price tag of a full design scope. 

What are your must haves for your fixer-upper?
 
 
Kerrie Kelly is a California interior designer who has helped many young couples choose their “first-home-together” decor. Kerrie writes on her design experiences for The Home Depot, offering homeowners ways to save money without compromising design.
 

Source: quickanddirtytips.com

A September State of Mind

Hi friends. So sorry to go completely MIA on you. Between attempting online school with a five-year-old, much of California burning to the ground, and the general state total chaos in which we find ourselves, getting to the computer for any length of time has been a bit of challenge, to put it mildly. And then I blinked and summer is officially over.

But I had to finally get on here as I have big news for you!

They say you shouldn’t make major life decisions during times of extreme stress, right? Well, we decided to throw all caution to the wind and instead have purchased a coastal cottage in Washington State! Apparently a global pandemic, homeschooling a kindergartner and the most consequential presidential election of our lifetime wasn’t enough to keep me busy.

coastal cottage mood board on Apartment 34

In all seriousness, if the past seven months of Covid have taught us anything, it’s the importance of friends and family and so we decided to create a gathering place that can bring together those we love most for years to come. Nestled within the myriad of inlets and islands that dot the Puget Sound north of Seattle, the cottage enjoys sweeping views of the Olympic mountains and Hood Canal. I consider it my official respite from the impending doom. Sadly it looks nothing like the inspiration images I’ve collected here.

Instead, it is going to take a LOT of work to get our little coastal cottage visitor ready – and in a very short period of time. Over the coming weeks, I plan to take you along on the entire design journey. I will be sharing everything with you – from the cottage’s current state, to all of my design inspiration and through the remodel process. If all goes according to plan, I’ll share a major before and after reveal in time to spend the holiday season with our family rather than more than 800 miles away.

coastal cottage mood board on Apartment 34

Trust me, we’re going to have plenty to discuss, as I have to pick an entire household’s worth of things – from paint colors and kitchen cabinets down to dishware, bedding and everything in between. No design decision will be left unturned. It’s both exhilarating and incredibly daunting. These mood boards are just part my first ideation session for my dream vibe.

I’m hopeful sharing this process with you will offer you some fresh design ideas and positive inspiration as we all hunker down to weather what will undoubtedly be a stormy fall – be it literally or just politically. It’s been a rather dark year and I feel like this might be a way to share a little bit of light. I know I am very happy for the creative distraction. I hope you are too.

I can’t wait to share more very soon!

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Source: apartment34.com