The Kitchen Budget
Remember last July when I was breaking down the kitchen budget? Well… here we are one year later and I’m sharing our new kitchen budget for you. Two kitchens in one year. Whew! I’m going to say the same thing I said last year- if you’re not into budgeting or think the numbers behind a renovation is a boring topic (I totally understand just showing up for the pretty stuff!), consider this your cue to skip this post! No hard feelings, because I know it’s not for everyone, but this post was requested numerous times, so I thought it was worth sharing. Click through for the itemized budget list. If you missed the kitchen reveal, click here to check it out!
Hopefully budgeting posts are helpful and shed light on how much certain things cost if you’re considering renovating. Of course costs vary depending on your location and home, but this is what our kitchen renovation budget ended up looking like. We live in Salt Lake City and our kitchen is pretty large- about 190 square feet, to give you a reference for size. We also took the space down to the studs, so a big part of the budget went to rebuilding, plumbing, electrical, and the boring (non cosmetic) things. You can see the before images in this post.
Here is the breakdown / number crunching…
Appliances:
- Range – $5,604
- Refrigerator – $6,800
- Dishwasher – $1,200
- Microwave – $335
- Espresso Maker – $599
Plumbing Fixtures:
- Faucet – $954
- Sink – $1,475
- Garbage Disposal – $229
- Pot Filler – $248
Countertop:
- Soapstone Slabs (3) – $1,600 / per slab
- Fabrication – $3,000
Cabinetry:
- Cabinetry + Millwork – $48,500
- Hardware – $2,500
Building Materials:
- Lumber, Drywall, Insulation, Nails, etc. – $1,500
- Paint + Primer -$200
- Electrical & Plumbing Materials – $3,000
Lighting:
- Sconces (3) – $250
- Cabinetry Lighting – included in cabinetry & millwork quote
- Recessed Can Lights -$300
Tile:
- Hardwood Flooring – $600
- Backsplash Tile – $740
- Other Items (grout, mortar, sealant, etc) – $300
Windows:
- New Windows (2), Plus Installation – $6,200
Labor:
- Obviously we did all the labor ourselves, so that cost was basically our time spent working on the kitchen- rather than a dollar amount.
TOTAL= $89,334
Just for comparison purposes, we spent just over $65k on our previous kitchen. This time around, we were able to invest more in the space. Our current home is in a nicer neighborhood (thinking in terms of resale), it’s a higher-end home, we had more space to renovate (in terms of square footage), we opted for better appliances, and we went all out with the cabinetry & millwork. The budget definitely reflects all of those things. We also saved a LOT of money aligning our purchases with sales and promotions at Lowe’s.
Although part of my job is working with brands I love, we still pay for lots of kitchen items out of pocket (to get exactly what we want). We always go into a renovation expecting to pay for the entire thing ourselves, that way we budget accordingly… therefore- the prices shown above are retail costs (no promotions or discounts are reflected, etc). After that, any contracts I sign for promotional content is an added bonus… it essentially goes toward my salary for living expenses, etc.
I also want to say, finance and budgeting posts are a very personal thing to share, BUT- I know that numbers are incredibly helpful in planning a realistic renovation and setting expectations, so I’m happy to share. With that in mind, I’d appreciate if comments are kept friendly, positive, and constructive. You guys know I’m always happy to answer any questions and I try to be an open book!
Interested to see how our kitchen budget compares to a similar kitchen? My friend Erin just shared how much her recent kitchen renovation cost. I feel like these type of honest budgeting conversations are very helpful in renovation planning.
Now that the biz stuff is shared and taken care of, I’m going to go back to enjoying Phoenix and friend time with Laurie Anne! Have you guys been following our stories on Instagram? I can’t wait to share the master bedroom makeover with all of you! We’re having way too much fun.