A kitchen remodeling project can make a frequently used room more functional and beautiful while adding value and interest to your home. However, fixing up your kitchen is an investment, which is why it is important to do what you can to budget appropriately for the project. Here are a few tips for budgeting for your new kitchen. 

How to Plan Financially for Kitchen Remodeling

1. Prioritize Your Projects

Before you start setting aside money for your new kitchen, think carefully about what you want to do and in what order. Do you need new flooring, cabinets, or appliances? Which items are in the worst shape, and what do you need to take care of first? By prioritizing your projects and understanding the rough cost of each component, you can make a plan for how long to save. 

2. Understand the Breakdown

Every component of your kitchen will cost a different amount to upgrade, which is why understanding the cost breakdown is important. On average, cabinets consume about 30% of the budget, while appliances take 15%. Think about how much you feel comfortable spending and talk with your kitchen remodeling team about how to reduce expenses. 

3. Factor in Added Costs 

While your kitchen is being worked on, you may not have the ability to make dinner at home since you do not have access to your cabinets or appliances. Think about added costs tied to your kitchen remodeling project, including eating out or staying in a hotel during the most complex part of the project.

When you are ready to break ground on your project, turn to B & D Home Improvement in North Haven, CT. Owned and operated by William Kyrtopoulos, this trusted business can help you transform your home with high-end finishes and beautiful details. Since 1976, they have been offering artisan home remodeling services that improve house values and create more comfortable, functional spaces. To find out more about how they can help, visit their website, or give their office a call at (203) 239-1974.