Many homeowners considering a remodeling project want to start in the kitchen. However, the kitchen is the most expensive room in the home to remodel due to all the items that have potential to be replaced.
This article will provide you with the first three important steps on you journey towards a dream kitchen.
1] Budget -
It doesn’t always start with how much you can spend on a new kitchen but how much you should spend on new kitchen plans. A good guide for the proper amount to consider spending is the 10% rule.
As a general rule you should consider spending not more than 10% of the fair market value of your home. By example if your home could realistically sell for $215,000.00 you wouldn’t want to spend more than $21,500.00 on your new kitchen.
Of course this number is flexible based on your needs. If you’ll be in your home for years to come and really enjoy cooking, don’t be afraid to exceed this amount. On the other hand if you are fixing up the kitchen to make it more attractive for a quicker sale you may want to spend less. They key is to remember the 10% rule is only a guide of where to start.