Money Matters
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kitchen renovation budget?
We need to remodel the kitchen. I want to make sure I have enough cash on hand for this project. I don't need a $100k renovation but what's a good budget?
The kitchen is about 12 x 15, not the "standard" 10x10. I'm thinking $10,000 for cabinets; $3,500 for appliances; $3,000 for a nice quartz countertop; $1,000 for flooring; $2,500 for materials/fixtures (new lights, insulation, faucet, sink, drawer pulls etc) & $750 to rent a dumpster. I have no idea what the labor is going to cost me. They will have to rip everything to the studs, re-insulate, make one of the window openings smaller, re-level the floor, possibly replace the subfloor. I will need a plumber & an electrician too.
What am I forgetting?
Is $25,000 going to be enough?
DIY is not an option.
Re: kitchen renovation budget?
We also did our own demo and a few other smaller tasks. That saved us about $1,300. I would talk to a few contractors to get some prices.
What I would give for all of that cabinent space!!
DIY is not an option.
This is my 3rd big project with this contractor & I have known him since high school so I already know nobody can beat his prices. I don't have a formal estimate from him yet. He brought the other two jobs in under budget so I'm not really worried.
He came with to meet the designed the other day. Although I didn't want to change my windows, they convinced me I have to according to code & for aesthetics. Contractor says that will only add $200 plus the costs of the window to the project.
I got the final #s from the cabinet guy the other day: $10,600 with tax & including all the expensive extras (all wood construction; painted maple doors with a high gloss finish; glass corner cabinets with glass shelves, 2 sets of pot drawers; trash insets; dedicated knife drawer, and a decorative metal hood for over the stove.)
We got the appliances on sale for $2,300 & we get 12 months to pay, interest free.
So I think I'm going to be OK.