2022 Kitchen Remodel Cost Breakdown

July 19, 2022
Posted in News
July 19, 2022 ourclients

2022 Kitchen Remodel Cost Breakdown

One of the best decisions a homeowner can make is to remodel or renovate their kitchen, whether their objective is to raise the value of their home or simply to make it a more enjoyable place to live. A property gains value in many different ways when an outdated kitchen is given new life.


Setting a budget early on, being aware of your needs, and being aware of how the money will be spent are essential for getting the most for your money. Prior to going shopping for appliances, tiling, or flooring, be aware of your own needs and remodeling objectives. After that, you can compile a wish list of desired features and start looking for a contractor.


Preferred Budget

To assist homeowners in setting an acceptable budget, the National Kitchen and Bath Association (NKBA) has provided a guideline regarding the worth of a kitchen redesign.


There are other factors to take into account when making your budget in addition to how much money you can comfortably spend. In essence, investing excessively in a home repair project can slow down the rate of return on your capital.


Budgeting between 15 and 20 percent of your home’s value is advised by the NKBA.


For instance:

  • $37,000–$50,000 for a kitchen makeover on a $250,000 house
  • $75,000-$100,000 kitchen makeover budget for a $500,000 property


Once you’ve decided on a budget, reduce it by at least 25%. Set aside the additional cash as a safety net to reduce the burden of unforeseen circumstances.


Costing Analysis


The following is the NKBA’s guide for a typical kitchen remodel:


  • Hardware and Cabinetry: 29 percent
  • 17% of installation
  • 14 percent – Appliances and ventilation
  • Kitchen countertops: 10%
  • 7 percent of the flooring
  • 5 percent of lighting
  • 5 percent for the walls and ceilings
  • Design changes: 4%
  • Windows and doors make up 4%.
  • Plumbing and faucets: 4 percent
  • The remainder: 1%


Determine your priorities


Determine your precise demands and priorities once you have a rough sense of your finances and preferences.


  • Is this your permanent residence, or do you have any plans to market it in the near future?
  • Are you performing a straightforward update and refresh, a thorough makeover, or a high-end renovation?
  • What size kitchen do you require?
  • What features of your present kitchen do you like the most?
  • What features of your present kitchen do you not like?
  • What does your kitchen mostly do?
  • You’re a future chef, right? Then you might want to spend money on a butcher-block countertop or an oven and range of professional quality.
  • Do you entertain frequently? Then you could wish to plan an open area with a built-in bar and dimmable lighting.
  • Do your children spend more time in the kitchen doing their homework as you assemble a quick meal? Then perhaps you might put in a built-in desk, washable surfaces, and a sturdy floor.


Renovate for Sale


You can get a return on your investment in a kitchen makeover of up to 78 percent, according to the Cost vs. Value National Report.


Find out from a realtor which improvements will boost the market value for your neighborhood if the residence is only temporary.


Installing eco-friendly faucets, lighting, and appliances, for instance, can generally increase the value of your property and the return on your investment.


Renovate for Enjoyment and Long-Term Residency


If you plan to stay in this house forever, your investment is in your quality of life. Make a space that is specifically you.


Contact Stone Creek Building for a free consultation and schedule a meeting with to discuss what you’re looking for over a cup of coffee!


Stone Creek Building is a locally owned, trusted, and licensed general contractor specializing in custom home construction services and superior craftsmanship. Our team collectively has over 100 years of construction related experience.