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Create a Remodeling Budget Budget Dos & Don'ts Loans & Financing

Kitchen Remodeling Budget: Do's & Don'ts

When it comes to any remodel, random expenses sometimes seem to just pop up out of nowhere. But this doesn't mean that things have to spiral out of control. By following these simple rules, you can effortlessly maintain both your budget and your sanity.

Do stick to your budget.

Once you've done all the necessary calculations and settled on a budget, try to not stray from it. Holding steadfast to your budget can be complicated, but it will save you a headache in the long run.

Do communicate your budget.

Let your designers, contractors, and any other workers involved what you're working with from the get-go. Designers definitely need to know your budget so that they can work within it rather than including fancy, enticing accessories and upgrades that you may not be able to afford. This will not only save you money, but it will also save you from disappointment.

Do shop around.

Never settle for the first thing you see. Shop around and find a variety of options, and then, working within your budget, choose the product that works best for you.

Do wait to purchase the extras.

Your kitchen remodel doesn't have to be entirely completed all at once, especially if you're on a tight budget. Save that fancy chandelier or new refrigerator until later when you have more cash to spare.

Do plan for the worse.

We can't stress this enough - Always begin by allocating at least 10% of your total budget for unexpected remodeling emergencies.

Don't get too complicated.

Sometimes less is more. Avoid the urge to opt for unnecessary and costly upgrades. Once your remodel is complete, you'll probably come to realize that you didn't need those upgrades anyway.

Don't settle for the cheapest product.

This is where shopping around comes in handy. Sometimes appliances and other products are offered at unbelievable prices, but they aren't the best of quality. In the worst cases, you may end up having to replace the product sooner than you would have otherwise, which will cost you even more money in the end. Sometimes it's best to go for something that's a tad bit pricier that can actually withstand wear and tear.

Don't underestimate the quality of stock or ready to assemble kitchen cabinets.

Don't fall into the trap of purchasing expensive cabinets just because you think they're of better quality. Click here to learn more about buying ready to assemble kitchen cabinets online.

Don't make changes once the project is underway.

One of the biggest ways to bust your budget is to make design changes after the remodel has been started. Not only is this frustrating for your contractor, it may also delay your project, or create a domino effect of changes that ends up hurting your pockets. It's always best to stick to your plan once it's being implemented.

Don't try to spend it all.

Just because you've allocated $5,000 on your cabinets doesn't mean that you have to use that entire total. For example, find high quality stock or RTA cabinets that match your style, and you might be able to come in under budget. The extra cash might come in handy elsewhere.

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