Perhaps, you could invest a percentage of you home value…say, 10-15 percent of its value. If your home is worth $500,000.00 then you could invest $50,000.00 to $75,000.00. With this you may have to make some very tough choices on the scope of work.
If you are thinking of making some drastic changes to the existing layout and structure of your home, then the above method will most likely not work, and your budget may come down to what you are willing and able to invest.
To get a better understanding of costs and to address the distribution of dollars for a kitchen remodel let’s start with the basic construction categories we use for our proposals, briefly discuss each category, and then layout the percentages you may expect for your remodel.
Kitchen Remodeling Percentages can vary from project to project.
From project to project these percentages will change, it truly does depend on the overall scope of work.
Next week I will take this one step further and talk about the different categories of remodeling from basic to premier.