{"id":40030,"date":"2021-09-16T21:31:15","date_gmt":"2021-09-16T21:31:15","guid":{"rendered":"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/"},"modified":"2023-12-19T22:41:39","modified_gmt":"2023-12-19T22:41:39","slug":"tips-for-creating-a-kitchen-renovation-budget","status":"publish","type":"post","link":"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/","title":{"rendered":"Tips for creating a kitchen renovation budget"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-17210\" src=\"https:\/\/blog.renovationfind.com\/wp-content\/uploads\/2023\/12\/large-Kitchen-Renovation-Budget-1.jpg\" alt=\"\" width=\"1000\" height=\"667\" \/><\/p>\n<p>Kitchen renovations can add value to your home and have a good return on investment. Before you begin with design, demolition, and construction, you need to create a budget. Four Elements Construction is a reputable and experienced\u00a0<a href=\"https:\/\/fourelementsinc.ca\/\">renovation company in Edmonton<\/a>. They share tips for creating a budget for your kitchen renovation:<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/#Know_how_much_you_want_to_spend\" title=\"Know how much you want to spend\">Know how much you want to spend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/#Decide_what_is_most_important_to_you\" title=\"Decide what is most important to you\">Decide what is most important to you<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/#Get_a_detailed_cost_breakdown\" title=\"Get a detailed cost breakdown\">Get a detailed cost breakdown<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/#Add_a_contingency_budget\" title=\"Add a contingency budget\">Add a contingency budget<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/#Stick_to_the_plan_as_best_you_can\" title=\"Stick to the plan as best you can\">Stick to the plan as best you can<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Know_how_much_you_want_to_spend\"><\/span><strong>Know how much you want to spend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Knowing how much you want to spend seems obvious, but there are still many things to consider.\u00a0 There is an enormous range when it comes to kitchen renovation costs. You can do a minor cosmetic upgrade for a few thousand dollars, or a major upscale remodel for $80,000 or more.<\/p>\n<p>Decide what you want to do and how much you can afford. If you plan on moving within the next few years, ask your renovation contractor what types of upgrades you should do to help get a return on your investment. If you are in your forever home, renovate in a way that will best benefit your family.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Decide_what_is_most_important_to_you\"><\/span><strong>Decide what is most important to you<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>When you know how much you want to spend, make a list of things that are must-haves for your\u00a0<a href=\"https:\/\/fourelementsinc.ca\/\">Edmonton kitchen renovations<\/a>. Do you want new energy-efficient appliances? A new kitchen layout? New cabinets, or do you want to reface your original cabinets instead? This list will help determine how much or how little you wish to spend on the various components of the renovation.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Get_a_detailed_cost_breakdown\"><\/span><strong>Get a detailed cost breakdown<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>An experienced\u00a0<a href=\"https:\/\/fourelementsinc.ca\/\">general contractor in Edmonton<\/a>\u00a0will give you a detailed cost breakdown of your potential kitchen renovation once they determine the project\u2019s scope. This breakdown will show you where the money in your budget will go. New cabinets, for example, can make up 35% of your budget or more. It will also factor in costs like permit fees, labour, materials, and supplies.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Add_a_contingency_budget\"><\/span><strong>Add a contingency budget<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Unfortunately, home renovations can have hiccups. Things like finding mould or faulty electrical work behind the walls could mean extra repair costs. You might have to change your plans on product selection if there is a shortage of something you initially chose. Having a 10-20% contingency budget will ensure you\u2019re financially and mentally prepared for those extra costs.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Stick_to_the_plan_as_best_you_can\"><\/span><strong>Stick to the plan as best you can<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>It will be easy to add new features and plans to the kitchen remodel as the project is underway. Change orders are costly, and they add up fast. When you work with Four Elements Construction, they will help you create a design plan for your kitchen remodel that best matches your budget. Changing your mind, and adding things throughout the project, is a sure-fire way to go over budget. If you feel tempted, go back to the \u201chow much do you want to spend?\u201d stage and remind yourself that your original, well-planned budget is there for a reason \u2013 and that you have a kitchen design plan underway that will give you the beautiful kitchen you\u2019ve always wanted.<\/p>\n<p>If you\u2019re ready to start the kitchen renovation process,\u00a0<a href=\"https:\/\/www.renovationfind.com\/companies\/four-elements-construction-inc-5713#lg=1&amp;slide=8\">contact Four Elements Construction!<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kitchen renovations can add value to your home and have a good return on investment. Before you begin with design, demolition, and construction, you need to create a budget. Four Elements Construction is a reputable and experienced\u00a0renovation company in Edmonton. They share tips for creating a budget for your kitchen renovation: Know how much you [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":8239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[10,50,867],"tags":[31,392,1046],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tips for creating a kitchen renovation budget - RenovationFind Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.renovationfind.com\/tips-for-creating-a-kitchen-renovation-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tips for creating a kitchen renovation budget - RenovationFind Blog\" \/>\n<meta property=\"og:description\" content=\"Kitchen renovations can add value to your home and have a good return on investment. 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