Planning out kitchen remodeling requires more than just design expertise. Being able to set and stick to an accurate budget is also a key factor in the success of your project. Without the proper financial planning in place, you won’t be able to determine what materials and services you can and can’t afford. There are a variety of ways you can set the perfect budget so that you can get the kitchen remodel you truly want.
If you’re still at the earliest planning stages, you’re probably trying to figure out your budget and where you might want to spend money on your kitchen renovation. If you have a set amount in mind, your contractor can give you a general list of what you can upgrade, but it’s also helpful to know ahead of time where your money might be best spent.
A helpful “save versus splurge” article on The Kitchen offers some straightforward advice on the areas of your kitchen that are best for splurging and where you might want to save a few dollars.
For example, you might want to check out your cooking habits. Do you use the oven with regularity? Apparently, many people use their stove almost every day but aren’t frequent bakers.
“Some folks don’t even need an oven at all, especially with the advent of convection microwaves. Unless you’re a frequent baker, prioritize your stove over your oven.”
So, when it comes to choosing your appliances, think about what appliances you use most and where to put more of your budget. If you love making cupcakes every week and you’re always baking something for dinner, go for that expensive oven.
However, if you’re more apt to use the stovetop or microwave, move those renovation dollars to a high-quality stovetop.