The NKBA recommends budgeting 15-20% of the value of your home.
$250,000 home = $37,000-$50,000 kitchen remodel budget
$500,000 home = $75,000-$100,000 kitchen remodel budget
Once your budget has been determined, cut it by at least 25 percent. Set the extra money aside as a cushion to make unexpected surprises much less stressful.
Basic Kitchen Remodel –
Expected Cost Range: $15,000-$25,500
Mid-Range Kitchen Remodel –
Expected Cost Range: $30,000-$75,000
Expected Cost Range: $75,000-$125,000+