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How Much Does an Excellent Kitchen Remodeling Cost in 2024?

Most remodeling project are significant, but how much does a kitchen remodeling cost in 2024? The kitchen is frequently called the “heart” of the home for the cooking and time spent together.

However, knowing the price is difficult since all Tampa Bay kitchen remodels differ. Whether you want to conduct a minor, mid-, or large-scale redesign depends on your budget and kitchen layout.

Moreover, the cost can vary depending on whether you buy low-end or high-end appliances, countertops, flooring, tastes, budget, and labor.

Below, I’ll discuss building a kitchen so you can get an idea of the cost of your excellent project.

Cost of a Kitchen Remodel in 2024?

cost of a kitchen remodel

Every kitchen transformation is unique in size, what needs replacement or retouching, and the ultimate homeowner’s objective. Naturally, this will lead to variations in overall kitchen remodeling expenses. Fortunately, we can also depend on specific, typical figures to assist us in determining what is appropriate.

So, the first step to estimating your kitchen remodeling cost is to decide how much work you want to do. Do you want minor changes, such as painting the walls, replacing the countertops, or upgrading the appliances? Or do you want a major overhaul, such as changing the layout, moving the plumbing and electrical, or adding new features like an island or a pantry?

The scale of your project will determine how much material and labor you will need and how long it will take to complete it. Generally, the more work you do, the more it will cost. Here are some examples of different scales of kitchen remodeling projects and their average costs:

  • Small-scale kitchen remodel: $10,000–$20,000
  • Mid-scale kitchen remodel: $20,000–$40,000
  • Large-scale kitchen remodel: $50,000+

According to Angie List, the average kitchen renovation cost is about $26,901, although prices can vary from $14,607 to $41,441, depending on the project’s scale. Wow, that is a lot of cash, but it’s vital to remember that a well-constructed kitchen is a room that may increase the home’s value the most.

Furthermore, according to This Old House, the average price to remodel a kitchen is $26,214, yet a minor kitchen remodel may cost around $9,000. Prices may go to nearly $50,000.00 or more when you want to customize your large kitchen.

Establish a Budget to Mitigate The Total Kitchen Remodeling Cost

kitchen remodeling cost in 2024

Even though kitchen remodeling costs vary greatly, you can estimate prices to create a budget for your project. For example, consider the cost of your ideal appliances, the material you’ll need to purchase for the countertop and flooring, and the cost of plumbing and electrical work.

Set your budget higher or lower than the cost mentioned earlier. However, it will depend on your tastes and needs. For example, you can stick to a lesser budget if you intend to maintain your kitchen’s current layout, but if you want to tear it down and rebuild it, you’ll need to make a significant budget.

After establishing a budget, keep backup cash on hand in case of unforeseen expenses, such as an urgent leak that must be fixed or outdated plumbing that needs to be replaced. This can increase your budget by a few thousand dollars, but planning for unforeseen expenses can help you maintain it.

Choose Your Kitchen Materials Wisely

The materials you choose for your kitchen remodel will significantly impact the cost. The quality, durability, and style of your materials will affect not only the price but also the appearance and functionality of your kitchen. Therefore, you should choose materials wisely and balance your needs and wants.

Some of the most common materials you will need for your kitchen remodel are:

  • Cabinets are one of your kitchen’s most visible and functional elements. They provide storage space and define your kitchen’s style. Cabinets can range from stock cabinets that are pre-made and ready to install to semi-custom cabinets that offer some customization options to custom cabinets that are made to order and tailored to your specifications. The cost of cabinets depends on the size, quality, material, finish, hardware, and installation. According to Synchrony, the average cabinet cost for your kitchen is $4,000–$13,000.
  • Countertops: Countertops are another essential feature of your kitchen. They provide work surfaces and enhance the aesthetics of your kitchen. Countertops come in various materials, such as laminate, granite, quartz, marble, wood, concrete, and more. Each material has pros and cons regarding durability, maintenance, appearance, and price. The average countertop cost for a kitchen remodel is $1,500–$6,000.
  • Appliances: Appliances are the devices that make your kitchen functional and efficient. They include refrigerators, stoves, lights, etc.

Calculating the kitchen remodeling cost of the various components can help you segment your budget. While appliances only make up a minor portion of the budget, cabinets may typically cost close to 35%.

Kitchen Remodeling ROI in 2024

If you are thinking of remodeling your kitchen, you might wonder how much return on investment (ROI) you can expect.

The kitchen remodeling cost and scope of your project will depend on factors such as the size of your kitchen, the quality of materials, and the extent of changes to the layout, cabinets, countertops, appliances, and plumbing.

Some of the most popular kitchen trends in 2024 include open-concept designs, organized storage systems, large islands with seating, and smart appliances.

If you plan to sell your house, a midrange minor kitchen remodel typically yields an 86% return on investment. According to Ramsey Solutions, minor kitchen remodels see an average ROI of 85%, while major remodels average only 53.3%.

Additionally, a charming kitchen may help you sell your home more quickly. Whether you want to update your kitchen for enjoyment or increase your home’s value before selling, you should plan carefully and hire a Tampa professional contractor if needed.

Find a Kitchen Remodeling Professional

modern kitchen cabinets
Cozy well designed modern kitchen interior design

When planning a kitchen remodel, it’s crucial to consider your vision and allocate your funds accordingly. For example, budget a bit extra for custom cabinets or flooring.

On the other hand, if your priority is straightforward design or practicality, you can choose more budget-friendly materials to help keep your kitchen remodeling costs down. A kitchen renovation contractor can assist you with budget concerns.

Start your project on the right path by hiring remodeling experts near Sarasota. We have been helping customers succeed in their kitchen and bathroom remodeling projects for many years. If you have questions, contact us for a free consultation.