Starting a new project can be a daunting task, especially when you’ve got a strict budget. Kitchen remodeling can be especially stressful, and tends to be the project where a homeowners’ budget gets thrown out with the old appliances and hardware.
These six steps will help you keep your project’s budget under control.
1. Know Your Options
Every project has multiple options, from low-end remodels to the very highest. Most projects will fall somewhere in between the two.
Before you jump into a new project, make a list of your needs and wants and know which is which. Then decide which ones you can live without, and which ones fit the functionality and design aesthetics you’re looking for in your kitchen remodel. Certain elements will cost more than others, so you’ll have to give and take a little.
If you want high-end appliances, for example, you might have to go with a lower end cabinet. According to the National Kitchen & Bath Association (NKBA), cabinetry is the largest expense in a kitchen remodel, and can eat up to 30 percent of total project cost.
ProSource Wholesale makes it easy to manage your project budget and still get your dream kitchen. For example, every cabinetry design in our showrooms features two sample prices: one based on the specifications of a very simple galley kitchen, the other loaded with upgrades to enhance the function and design of the space. Check out our planning tools to see how the various options can affect your budget.
2. Treat It Like A Business
If you were hiring a vendor to do a job for you, you’d likely have to go through the process of getting quotes, viewing samples and choosing the best contractor or designer for the job. Treating your kitchen remodel the same will help you stay within budget and on track.
Start by getting quotes. Professional designers and contractors should always visit your home before providing you with a quote - don't accept a quote until a full survey has been completed. Review it thoroughly and ask questions upfront to avoid misunderstandings down the road.
Be sure to visit a showroom in person to check the quality of what you’re buying. Use your network of family and friends (social media is a great resource) to get referrals from people you trust.
3. Plan Ahead
Knowing all of the potential costs upfront will help you plan your budget – and stick to it. One of the fastest ways homeowners go over budget is by getting stuck with costs they never saw coming when they estimated their project. Overlooked factors include sub-floor removal, installation costs and eating out.
Another factor that can help you stay within your budget is to understand what costs can simply be avoided altogether. If your designer or contractor recommends relocating fixtures, such as a sink or appliance, find out why. Unless it’s absolutely necessary, moving these items can be a costly waste of time and budget.
Have a designer show you kitchen floor plans that would allow the fixtures to remain in their current locations. If you don’t already have a designer, contact your local ProSource Showroom for a referral.
4. Choose Wisely
With the abundance of brands, styles, colors and new technology available, it can be overwhelming to weed through all the choices and decide on the best option for you. The NKBA offers tips to make sure homeowners get the most for their money on everything from dishwashers and refrigerators to faucets and lighting.
5. Get Involved
Getting involved doesn’t necessarily mean doing the hard manual labor, unless you choose to work up a sweat doing some of the demolition work to save money in labor fees and hauling charges. If you’re thinking of taking on the remodel yourself, first do your homework on why it pays to hire professional remodeling help. One DIY project gone bad and you would have wished you read through the DIY reality checklist on when it’s recommended to hire a trade professional.
Less strenuous work, but still worthy of savings, is painting. It’s time consuming, but not difficult and doing it yourself can save a great deal in labor charges. It’s also fulfilling to see the finished project after a hard day’s work!
When it comes to purchasing the materials, ensure they are top quality—like those found at your local ProSource Wholesale Showroom. Low quality materials might save you a bit of money now, but they won’t pay off in the long run, especially in rooms like your kitchen, that are exposed to water and constant use.
6. Set Up A Payment Schedule
Arrange a clearly defined payment schedule with several installments throughout the project. It’s never a good idea to pay in full before your project is completed. Don’t make your last payment until the project is completed to your satisfaction.
Review inspiration and the product catalog to find the look you desire, and add the images to the myProSource Project Center to share with your friends and, of course, your trade professional.
Starting a new kitchen remodeling project can be both exciting and intimidating. But approaching your project with the right mindset from the start will help you keep your budget under control. And that will allow you to focus on achieving your desired outcome – a beautiful new kitchen to enjoy!
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