Getting started on a kitchen or bathroom renovation project
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Start to dream and scheme, set a budget
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Budget estimator sheet for total kitchen remodel
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Home’s approximate value $250,000
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Percentage of investment
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10%
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15%
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20%
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25%
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Budget
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Suggested investment of home’s value
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$25,000
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$37,500
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$50,000
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$62,500
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$30,000
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Breakdown of investment
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Cabinets
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37%
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$9,250
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$13,875
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$18,500
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$23,125
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$11,100
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Countertops
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9
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2,250
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3,375
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4,500
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5,625
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2,700
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Appliances/Sink
Plumbing Fixtures
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11
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2,750
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4,125
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5,500
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6,875
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3,300
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Wall Coverings
Extras/Decorating
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3
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750
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1,125
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1,500
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1,875
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900
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Floor Covering
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7
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1,750
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2,635
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3,500
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4,375
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2,100
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Labor
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13
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8,250
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12,375
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16,500
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20,625
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9,900
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Source: Remodeling Magazine April 2009, Page 46
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