Renovating your Kitchen: Minimizing Cost for Change

Renovating your Kitchen: Minimizing Cost for ChangeIf you’re serious about kitchen remodeling, then keep in mind these few important pointers to maximize both results and savings.  These tips will help you both save money, as well as get the most out of your investment in the short, and long-term.

First, it’s critical that you determine whether or not you will soon be vacating your home, or what your intentions are as far as selling goes. In other words, if you are looking to sell in the near future, then it is ideal to minimize costs. This can most effectively be done by taking a perhaps more ‘cosmetic renovation’ route. By this, we mean considering the benefits of possibly investing your money in repairing current kitchenware, which can, in turn, keep actual total overhaul and updates (cost) to a minimum.

This can be done by paying professional contractors to repaint your walls, lacquering your cabinets, or even changing out the current counter-tops for something of more value, such as a more modern look. For example, installing a marble-top countertop over your current surface, or on the same note swapping out your current tile floor for the wooden one likely beneath it can be equally beneficial, and save you both time and money. Once you do this, you can simply either pay to have your natural, wooden floor re-lacquered and polished, or you can even have a new surface material painted over it to provide an affordable, yet like-new and unique appearance.

Speaking of professional contractors, it’s also worth investing the necessary time to seek out, research, and find an affordable, yet quality and experienced home remodeling agent that can propose to you the most ideal, or likely profitable renovations to maximize both your cost and minimize time spent on your project. A kitchen remodeling expert can also you get package deals on specific appliances, but this of course likely restricts you to a specific brand or line of products – as they typically work off of commission directly from the manufacturer.

It’s worth noting that many homeowners have also found simply expanding their kitchen by knocking down walls or connecting other rooms to be up to 50% cheaper than trying to build an addition, and this includes a savings per square footage. Also, if you really want to save costs or at least protect yourself from unnecessary spending you can focus on keeping, preserving, or even repairing certain elements of your kitchen during the renovation, from the walls to appliances, as opposed to replacing them entirely.

Most importantly, don’t feel obligated to take on a kitchen remodeling project all at once. Understand that for most homeowners, a kitchen renovation project will ideally cost no more than 15% of your total home value, or on a better day, just 10%. This can save you money, but also allow you to focus on saving and allocating funds for other renovations or changes throughout your home to both improve its condition, as well as a cosmetic appeal for future sale.

Image Credit : Connoman