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| Beautiful Simple Contemporary Kitchen by MCK+B |
Recently I was visited in the showroom by someone interested in renovating their kitchen in a home they wish to sell in 2 years. I spoke to them a bit about the size of the kitchen and the look they wanted to achieve. I gave them some literature and noticed they also had
Home Depot Kitchen Brochures, including what I consider to be the nicest line HD carries which is
KraftMaid.We began to discuss the budget for the project and the value of the home, which they revealed to be a $10,000.00 budget including new appliances, in a home valued at $500,000. Granted the kitchen was tiny, it still wasn't a realistic number. A client this far off the mark, may need to explore the market more and hear similar from a few designers before they reevaluate their budget.
I attempted to explain to them what they were proposing was a "Zero Point Renovation". This is a remodel that is so far below what the property value demands that when you go to sell your home, you get absolutely zero to negative credit from prospective buyers. In other words, you may actually get less for your home if you rip out older but nonetheless good quality materials, and put in new poor quality in it's place. When people are spending hundreds of thousands of dollars for a home they will look closely at the kitchen and bathrooms. And if you are going to live there for 2-3 years before selling it, the poor quality renovation will be truly lackluster by then.
When they asked me what is reasonable to spend on a kitchen remodel, I told them 10-15% of a homes value. Now I know there are many who believe the real number is 15-20% , but I think that a well spent 10% is plenty, and if the kitchen is small as in their case, and the appliances are going to be a nice quality
GE, but not
SubZero-Wolf or comparable, then realistically they could get the entire project done for 7-8% or $40,000. For that with the
right design advice, I would expect them to be able to get:
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| Stylish Upper East Side kitchen with a view |
- semi-custom cabinetry
- basic granite or Caesarstone counter tops
- Ge Profile appliances in black(possibly stainless)
- natural stone or glass tile backsplash(Susan Jablon Mosaics is a great cost effective online resource)
- under cabinet lighting
- recessed lighting in the work area
- under mount sink
- Kohler Pulldown Simplice faucet in Vibrant Stainless at under $300.00 is a bargain
- Hardware is a great thing to save money by purchasing online (I recommend you order samples in at least the amount of the restocking fee, that way you hold them and know you like them before ordering the whole kitchen worth a risk being disappointed)
There are certain fixed costs in a kitchen remodel, namely the labor, including electrical and plumbing costs. Many times homeowners seek to save money by just cutting everything they can out of their cabinetry expenses. And while I've heard the expression "a box is a box" a few hundred times in past years, and there is room for an argument here, but you aren't just giving up the box, it's the door, drawers, and more importantly the finish. I gave up being a field representative for a cabinet company, simply because they did business in a lower price point, and it was heartbreaking to meet with consumers disappointed and complaining about the finish of their cabinets after they were installed. It's better to avoid this disappointment, shop, look closely at what you are buying at set your expectations appropriately.
I recommend a balanced approached when trying to cut costs. Take advantage of some of the websites and tips I offered above as a way to get a well blended design and the most out of your renovation budget. In the end I believe you'll be more satisfied overall.
