There are several places online you can go to help you establish a basic budget number to start with. My personal recommendation is Remodeling Magazine's Cost vs. Value Report which is released by region and major city each year. The really nice thing about this report is that it gives a description of the "average" project so that you can gauge if your kitchen remodel is going to fall above or below the benchmark. I also find their average pricing to be an accurate reflection of the pricing for our company, so by recommending to clients before I even meet with them that they investigate this report they are more likely to establish a realistic budget we can work within to give them a fantastic kitchen.
Limit spending on the kitchen remodeling to about 15 - 20 percent of your home's value. According to the National Association of Home Builders, updating and remodeling your kitchen will add more value than any other improvement. Even if you plan on moving at some point after the remodel, don't forget that kitchen projects add more value to your home than any other improvement.
A kitchen remake is one of the most desirable home improvement projects for many Houston area homeowners. A Kitchen remodeling is one of the best investments you can make when it comes to home improvement and often adds more than the cost of the project to the value of the home. Specifically, a kitchen remodel provides the highest return on value of any form of remodeling. Kitchen remodeling is a lot of work, but the results can be spectacular.
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