Having a budget for your kitchen remodel is a great thing, especially if you are able to stick to it! However, even the best plans can go awry, and you may find yourself going over budget without even knowing why.
Here are 5 reasons your kitchen remodel will go over budget:
Not Having a Contingency Allowance
We always recommend setting aside ten to fifteen percent of your budget for emergencies. After all, you never know when your contractor is going to find some electrical or plumbing work that isn’t up to code or some mold or rotting wood. All those things can be expensive, but they need to be repaired before the rest of the work can be completed.
Significant Layout Changes
To keep your budget lower, you are going to want to do as few layout changes as possible. A major layout change is going to mean more demo work as well as more plumbing installation. That can get really expensive and will deplete any budget quickly.
Custom cabinets can blow a budget, which is why they should be your last option and only purchased if absolutely necessary. If you already have excellent cabinets, then we recommend simply refacing your existing cabinets, as it will save you a lot of money.
Our best tip for choosing a countertop is deciding on how much you can afford for a countertop and then only looking at ones in that price range. That will prevent you from falling in love with one that costs thousands of dollars more.
Some people cannot resist having the best appliances available, but unless you are an avid chef or entertain a lot, it may not be worth the expense. There are plenty of options available that cost a lot less, and still offer a lot of space and many similar bells and whistles.
It can be difficult to account for every dollar you are spending during your kitchen remodel, but it is important to try and keep up. That is the only way you will be able to ensure that you are staying within your budget. If you go over in one area, you may need to spend less somewhere else, so that you can break even at the end. It is possible; it just takes a lot of work to make it happen.