KITCHEN REMODEL TIPSTO GET THE MOST OUT OF YOUR MONEY A few financial kitchen remodel tips should be considered if you're embarking on, or even thinking about, a kitchen remodeling project. A huge benefit of a kitchen remodel is the high rate of return on the investment you make. So, before you start spending your money, it's a good idea to consider a few financial kitchen remodel tips along with your other remodeling ideas. Understand the Rate of Return While you want to do the remodel for you and your family, keeping in mind how it can pay off is essential. In most cases, if you do the work, a remodel will pay for itself (and maybe more) when you sell your home. If you hire contractors you'll be looking at a smaller return (click Remodel ROI). Average major kitchen remodels can return about 91% and minor remodels may pay back at close to 99% of your investment. These numbers represent the average, so many people even beat these percentages. If you can buy the materials below what the market price is, you'll end up near the top of that statistic. Kitchens (and baths) are good places in which to put your remodel money. Decide on a Budget  Number one of the kitchen remodel tips is to decide on a budget before you do anything else. You have to know what you can spend on this remodel. It can take some work to figure this out, so take time to visit a few showrooms, read articles online, and talk to others who have gone through a kitchen remodel. Just remember, in most cases a kitchen remodel ends up costingyou more than you thought. Of course, choosing the right items for your remodel can help you stick to your budget. Learning where you can save and the areas where you should splurge a bit can help you achieve a quality remodel without going over budget. For more help, click on Kitchen Design Ideas Checklist. Decide What You're Going to do Yourself Another of the important kitchen remodel tips is to realize many projects can be done by you. The best way to make money on a remodel is to do the work yourself. If you own the home, you're legally the General Contractor anyway, so why not? By code, you can do most of the remodeling on your home whether a permit is needed or not. Some of the things you can do include replacing cabinets and doors, building an island, changing out appliances and sinks, painting and installing laminate, tile or other types of flooring. If you do most of the jobs on your own, it can lead to big savings. Some jobs may be beyond your expertise or time allotment and may require a professional. If you do need one, make sure you carefully check them out. See that they have a current contractor's license and are bonded and insured. Check with past customers if you can. Always get at least three estimates and look carefully at each to make sure you understand everything and everything is included. Remember, its your home. Open It Up! Instead of walls, use peninsulas or islands to separate your kitchen. See Kitchen Island Ideas for tips on saving money here. An open area allows you to connect to adjacent rooms while still keeping the boundaries of the kitchen well defined. It also allows those cooking in the kitchen to have conversations with guests and family in areas adjoining the kitchen, which is important if you like to entertain. Keep your kitchen from spilling into other areas of the home by utilizing "virtual" borders, created with pitched ceilings, shallow ceiling mounted cabinets, and even dropped soffits. A very subtle way to define the space without blocking it off, this could be a very inexpensive way to completely change your entire home! Use these kitchen remodel tips to help you get started making the most of the money and energy you spend. For more tips and information, click on the links below or search financial kitchen remodel tips or kitchen budgeting tips using the Google Custom Search Box (upper right). KITCHEN LIGHTING TIPS |
"Your home is the
best and smartest
investment you can make,
and remodeling is the
best and smartest thing
you can do for
that investment!"
Custom Search
New! Seasonally Relevant
Landscaping and Remodeling
Tips sent to your inbox!
Click Image For More Info!
Many people are making
real incomes simply writing
about things they already know.
Click to read how you can.
Remember,
"The most powerful tool
you'll ever own
is your brain!"