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Tuesday, March 15, 2011

How Much Does It Cost?

We are seeing renewed interest in kitchen and bathroom remodels. WE thought we would share with you some typical costs so that you have a realistique budget if updating your kitchen or bath is in your plans. These figures are from REMODELING magazine's 2010--11 nationwide survey.

The average cost of a midrange bathroom remodel was $16,34. This includes new fixtures, a new vanity cabinet, faucets, coutnertops, tile and labor (plumbing, electrical, etc.) An "upscale" bathroom remodel was $53,759.

You may be wondering what the difference between midrange and upscale. The quality and cost of the materials used is the main factor to determine if the redo is considered midrange or upscale.

A minor kitchen remodel averaged $21,695. A major kitchen remodel was $58,367. An upscale kitchen renovation averaged $113,464. Again, these are all-includsive prices, including new appliances, countertops, sink and faucet, flooring and paint.

What is the distinction between a minor and major kitchen remodel? Primarily what is done with the cabinets. A major kitchen remodel includes new cabinets. A minor remodel does not include changing the cabinet boxes, only either refacing or refinishing the cabinets, or painting, faux painting, or glazing the existing cabinets.

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