If you’re planning to invest in kitchen remodeling, you may be wondering how much your project will cost. Having a price range in mind is important for planning. It will help you determine what you can afford and make changes to accommodate your budget.
One way of getting an approximation of how much you will spend on a project is by requesting quotations from different contractors. If you’ve already done this, you may have noticed variations in prices. These variations are a result of various factors including:
- Differe nces in the types of contractors
There are different types of contractors you can hire for kitchen remodeling. These include general contractors, specialty contractors, and limited specialty contractors. Hiring a contractor that can oversee the entire project will help to deal with any unforeseen issues that may arise. Having an experienced contractor managing the entire project will increase your chances of success.
Some homeowners opt to hire specialty or limited specialty contractors in order to save money. The problem with this is that it can be difficult to coordinate the different professionals. You may end up with a botched job instead.
- The materials used
If you opt for expensive materials and the latest in advanced kitchen technology for your remodel, the costs of the remodel will be higher than if you chose cheaper materials and appliances. It is also important to note that you will require contractors with advanced knowledge and skills to ensure the proper installation of more costly materials or advanced technology. You should, therefore, be prepared to pay much more for labor if you go down this route.
- The scope of work
A large project requiring permits, an architect, a designer, more labor and time to complete will be costly. If your project is simple, such as the replacement of our kitchen cabinets only, you may be looking at spending a few thousand dollars to complete the project. Kitchen remodeling involving more intense work, such as a full gut of your kitchen, will cost much more.
- Various hidden factors
There are various other factors that aren’t explained to clients or mentioned in quotations by contractors. These hidden costs, however, affect the cost of the project. These include the caliber of the employees working on the project and how much the contractor pays them. Highly skilled and experienced employees demand more in salaries than inexperienced employees. Other hidden factors include how many jobs the contractor is handling at the time and the cost of living in the area your house is located.
Contact the professionals at Five Star Home Remodeling today! 856-829-4900