Your Dream Kitchen Space may have No Bounds, But Your Remodel Budget may have Limitations.

Naturally every cabinetry project differs in scope and cost whether a new build construction or a renovation. It helps to create a break down of expenses in order to arrive at a number that you are comfortable with. Doing so also helps to prevent unwanted surprises as you proceed through your project. Here are some general guidelines when establishing your kitchen and bathroom renovation plans:

• When planning your renovation, it is advisable to keep your budget within 15% of your home’s fair market value.
• Always include a 10% contingency for any unforeseen expenses.
• Educate yourself on all components that comprise a cabinetry renovation, and account for them within your home investment plan.
• Determine the elements that you truly need and all the extras that you want. Needs Vs. Wants List
• Budget is an obvious factor in making your cabinet choices, but it should not be the only one. Some only slightly higher priced, better quality cabinets will last you longer than saving on a lower end cabinet with a shorter lifespan.
• Work closely with qualified professionals to guide you through options to fit your needs, style taste and financial limits. Their design & build expertise will save you much time and money by the end of your project.

For each kitchen project component there is a good way to allot your renovation budget.

Homeowners often feel confused when establishing how much to spend on their project, and where the funds should be allocated. Keep in mind your kitchen and bathrooms are the most costly rooms in the house to outfit, when renovated, they significantly increase your home’s value.

The NKBA (National Kitchen and Bath Association) suggests allocating the following budget funds:

Cabinetry and Hardware	29%
Installation	17%
Appliances and Ventilation	14%
Countertops	10%
Flooring	7%
Lighting	5%
Walls and Ceilings	5%
Doors and Windows	4%
Sinks, Faucets, and Plumbing	4%
Design Fees	4%
Other	1%

At Merit Kitchens, we are proud to offer high end quality cabinetry for exceptional value. Our extensive offering of door styles, case material and finishes has something for every budget and style taste. One of Merit Kitchens Authorized Dealers can assist you with your new build or renovation needs and budget optimizing.