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Kitchen Remodeling

July 24, 2023

Kitchen Remodeling – How Much Will It Cost? [Greater Boston Area 2023]

If you're considering remodeling your kitchen and wondering if it's "worth it"...it is! Before you dive into your next kitchen [...]
March 15, 2023

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September 28, 2022

Countertop Comparison: Quartz vs. Marble vs. Granite

Are you considering installing a new kitchen countertop? If you’re remodeling your kitchen and are looking for a countertop material [...]
June 27, 2022

How Often Do Kitchen Cabinets Need to Be Repainted?

Are you wondering, “how long do painted cabinets last?” Cabinet refinishing and painting is one of the most popular [...]

April 21, 2022

Kitchen Remodeling – How Long Does It Take? [Greater Boston Area 2023]

Remodeling your kitchen can be a daunting task, especially when you don’t know how long you’ll be kicked out of [...]

February 3, 2022

Must Have Kitchen Design Trends for 2023

Every year there are new kitchen design trends, and 2023 is no different. While some kitchen elements are timeless, like [...]

December 15, 2021

Steps for Planning Your Spring Remodel

What better time to take on a new remodeling project than Spring? The weather is nice and mild, and it [...]

November 18, 2021

Home Remodeling Projects in Winter: What to Do & Not Do

Your activities reduce greatly in winter, making it the best time for you to remodel your home. Indeed the winter [...]

If you’re considering remodeling your kitchen and wondering if it’s “worth it”…it is! Before you dive into your next kitchen remodel head first, let’s do a quick cost overview.

Kitchen Remodelers in Newton, MA

Many homeowners have impractical expectations of what a kitchen remodel will cost…believe it or not, HGTV isn’t actually the most realistic depiction of what it’s like to renovate your home (although we can admit we also love watching a 2-month house renovation magically happen overnight.. and for just $10,000!!

Setting your budget with realistic expectations is important to your project’s success and your overall happiness throughout the project. Your budget ultimately depends on your financial circumstances and what you’re hoping to include in your kitchen remodel, but there are important factors to consider.

So, what questions should you be asking about setting a budget for your kitchen remodel? Here are a few key places to start:

How much does it cost to remodel a kitchen in Massachusetts?

The cost of every kitchen remodel is different, because no two projects are completely identical. Everything in a kitchen renovation has a price associated – from choosing what appliances and light fixtures you want, right down to choosing your cabinet hardware

According to the 2023 Cost vs. Value Report (www.costvsvalue.com), the average cost of an upscale kitchen remodel in Boston was $169,019 in 2023

Kitchen Remodel NewtonWhen it comes to controlling costs in your kitchen remodel, there will be some things that you can control, and some costs that you can’t predict. Design choices are controllable costs – like choosing a backsplash that’s $5/square foot versus $25/square foot. That’s where you’re able to make smart decisions to maximize your budget! 

Additional work that’s discovered once the project starts falls in the “uncontrollable costs” category. It’s not uncommon that older homes have additional work orders. From finding rotted wood in the framing of the original kitchen, to discovering old knob and tube electrical running through the walls of your entire house…you’d be surprised at the things we come across in some of these older New England homes.

While those discoveries aren’t always anticipated in the original budget, they are necessary updates that if found, need to be prioritized and remedied in order to bring your house up to current code. If you know your home is older, plan ahead for a few of these surprise costs if you’re trying to be realistic about your kitchen remodeling budget.

How much does a kitchen remodel add to the value of a home?

Kitchen Remodel Navy Blue and White Cabinets

Whether you’re restructuring your kitchen to better fit your aging in place needs, or you’re just redesigning to have the kitchen of your dreams, remodeling your kitchen is a huge add value to any home. The cost of a kitchen remodel may seem high at first, but the investment is worth it in most cases because of the value it provides both immediately and over time if you ever sell your home.

The Cost vs. Value guide suggests that an upscale kitchen remodel in Greater Boston increases the value of your home by $52,168, on average. It is important to carefully weigh this added future value when you’re thinking about your budget and what you’re comfortable with.

The exact value-add of a kitchen remodel will depend on a variety of factors, including the extent of the remodel, the condition of the rest of the house (number of bedrooms, recent remodels in other parts of the house, etc.), and your home’s location. When you sell your home in the future, the value will largely depend on the housing market at that time. 

Tip: If you’re looking for a quick-win kitchen update before you sell, have your cabinets painted and change out your backsplash! You can appeal to whatever the latest kitchen trends are, to increase interest and value in your home. It can make your kitchen look brand new for a fraction of the cost and time of a full-gut kitchen remodel.

What is the ROI of a kitchen remodel in Massachusetts?

The amount you spend on your kitchen remodel will influence how much your home grows in value over time. The ROI, or Return on Investment, generally indicates a percentage of the money invested in a remodel that you can expect to recover after selling the house in the future. 

Kitchen Remodel Cook Range

The average return on investment of an upscale kitchen remodel was 30.9% in 2023 per the Cost vs. Value report. Of course, the ROI will vary project to project, and depends largely on the same factors that impact the full cost of your kitchen remodel. 

Along with monetary returns, don’t forget about the immeasurable returns… like being happy to cook and entertain in your beautiful, newly remodeled kitchen 🙂

What is the most expensive part of a kitchen remodel?

In a kitchen remodel, there are two different types of costs: labor and materials. Labor will be a significant part of your budget because of the amount of specialty tradespeople involved in every kitchen remodel. When working with a general contractor like Tom Curren Companies, we’ll leverage our relationships with our trade partners to get you great labor rates on your project.

Kitchen Remodel Cabinet Painting

When it comes to materials, the most expensive part of any project is typically the cabinets. Even a minor kitchen renovation can cost up to $20,000 in cabinets alone. This is because cabinets are typically made-to-order, driving the price up. Although this is a significant sum, keep in mind that cabinetry plays an essential part in your kitchen’s aesthetics and storage capacity. Instead of fully replacing your cabinets, painting cabinets that are still in good shape is a great way to save a chunk of money when remodeling your kitchen.

While it is not the most expensive component of your kitchen remodel, picking a countertop is another design decision that will undoubtedly swing your budget. There are a lot of options to choose from at all price points, so you should feel confident that you’ll find something you love that matches your budget.

What’s the next step in pursuing a kitchen remodeling project?

Kitchen Remodel BacksplashWith supply chain issues continuing, lead times for standard products are regularly delayed, and price increases are occurring almost daily. If you’re considering remodeling your kitchen it’s smart to begin the process now, before average cost to renovate kitchen continues to rise, and products go out of stock. At our office in Newton, we have a large workshop designed to store all remodeling materials – so as soon as you decide what you want and finalize your designs with our team, we will order it and store it all at our shop until it’s time for your remodel to start. This helps ensure you’re getting the lowest prices and quickest lead times on all of your materials. 

Tom Curren Companies is a design-scope-build contractor that provides complete kitchen remodeling services from the initial design to the finishing touches that make your kitchen uniquely yours. We’re here to help guide you throughout the entire process of your next kitchen remodel. To discuss your kitchen remodel with one of our project consultants, give us a call and we’ll schedule a thorough in-home kitchen consultation 617-969-4900.

©2023 Zonda Media, a Delaware corporation. Complete data from the 2023 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.

 

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