How to Stay on Budget When Remodeling Your Kitchen In New York

Kitchen remodeling is one of the most expensive renovations you’ll do in your home and how to stay on budget for this project can be very challenging. According to My Home US, homeowners typically spend around $45,000-$50,000 for a kitchen renovation in NYC. Furthermore, if you own an upscale home or a bigger kitchen, the price may even shoot from $75,000 to as much as $200,000.

For many of us living an average life, we would want to save as much as we can when remodeling our kitchen. However, if you don’t carefully plan your kitchen project, you will most likely go out of budget and spend so much more than what you initially planned. 

We’ve listed down everything you should know cost-wise when planning a kitchen remodeling in your NYC apartment. Follow our simple and practical tips to cut costs and ensure you stay within your planned budget.

1. Know what you want to achieve and make a list of kitchen renovation priorities. 

The first thing you should do is make a list of priorities before renovating your kitchen in your NY apartment. This will help you stay on target and know what needs to be done before moving forward with the remodeling process.

Start by making two separate lists: one for your top priorities and one for secondary/less important ones. Your top priority list should include things like functionality, safety, efficiency, and other factors that are important to you as the main user of your kitchen. 

We highly recommend that you prioritize according to your budget so that all decisions you make are based on how much you are willing to spend. It would also help that you talk to your contractor when planning your kitchen. Experienced contractors have practical advice on how you can cut costs while still delivering the kitchen you imagined.

2. Refresh rather than replace kitchen cabinets that are still in good condition to stay on budget. 

Kitchen cabinets cost around 20% of your overall renovation project. So, it’s the first one you should consider when cutting down costs. 

If your kitchen cabinets are in good condition, there is no reason to replace them. Instead, plan with your contractor on how you can refresh them and make them look like new again! Refreshing old cabinets is a great way to cut costs on your kitchen remodeling project. It’s also easier to do than totally tearing out and replacing old ones, saving you money on labor and materials.

3. Renovating your NYC home? Don’t spend so much on your kitchen floors. 

The kitchen floor is the last thing your guests will notice when they enter your kitchen area. You don’t need beautiful and expensive flooring for your kitchen. Instead, you need durable, ideally stain-resistant tiles so you can easily wipe off any dirt or spill. Choose a flooring material that’s easy to clean especially if you have kids at home.

4. Finally, hire a reliable contractor in New York City to do your kitchen remodeling. 

The last and most important piece of advice is to hire a reliable contractor to do your kitchen remodeling project. Getting the right contractor is probably the most important decision you’ll have to make throughout the project. An experienced and reliable contractor will help you cut costs while ensuring every target is met within your agreed deadline. 

Get a licensed and insured contractor. This way, you know they have the credentials to complete the project. You also have to get a written estimate from the contractor so you know how much the whole project is going to cost you. Finally, Get a detailed contract with an upfront payment schedule showing when payments are due and the agreed start and end date of the project. 

The good thing is you don’t have to look far. Backed by our years of experience handling different kitchen remodeling projects from a small renovation to an upscale kitchen upgrade, Remodel Magic is the right home renovation team in New York City you can work with. We create stylish and functional kitchens that fit your budget and style. Check out our previous works here and learn more about our process. If you are ready to work with us on your Kitchen renovation project, reach out to us and get a FREE quote.