Kitchen Factor 5 Size: Our kitchen is approximately 140SquareFeet (SF). That’s over 9% of the house’s SF, 2% above the average. This kitchen is definitely going to need some additional equipment and cabinets. I’m going to boost the 1% budget for that, I hope it’s enough.You may want to check out Kitchen Remodeler in Newcastle for more.
Factor 6 Layout: We will modify our kitchen layout very extensively. We currently have the peninsula cooktop. The range would go on a separate wall and the dishwasher will move to the peninsula, but we might remove the peninsula, move the refrigerator and instead add an island. The only thing that isn’t going to move is the drain. I’m going to add another 1% to my estimate, again hoping that $1800 (1% of our 180k value) is adequate to cover the improvements in electricity and plumbing.
I ‘m going to use 20 percent for my foundation. There will be people who will disagree with me about that, as I mentioned before, but going lower also does not leave you with workable budget numbers for full blown kitchen remodels. Based on my variables above, I ‘m adding 4 percent. Based on the equivalent square footage and valuation of other homes around me, I changed my zillow.com estimated home value to 180k. This gives me a 24 percent working budget x 180k= $43,200 When I compare this to the cost vs. Value study, I see that a Major Kitchen Renovation is $59, 098 in the Middle Atlantic Area. It looks like my budget may be a bit limited, particularly because I really want granite countertops and Cost Vs. Laminate tops need value specs. On the other hand, my kitchen is slightly smaller than its 200SF benchmark, so I guess I ‘m going to go with my budget number and see in that budget what my contractor can do for me.