10 Essential Upgrades Worth Splurging on and 5 Money-Saving Tips for Your Kitchen Remodel: A Guide for Homeowners by Peaks Precision Remodeling

Remodeling your kitchen is not just about improving aesthetics; it is also an investment in your home’s value and functionality. With the right upgrades, you can turn your space into the kitchen of your dreams while keeping your budget manageable. In this guide, we will explore essential upgrades worth splurging on and provide practical money-saving tips.

Essential Upgrades Worth Splurging On

1. High-Quality Countertops

High-quality countertops can dramatically change the look and feel of your kitchen. Consider materials like granite or quartz. For instance, granite typically costs between $40 and $100 per square foot installed, while quartz can range from $50 to $150 per square foot. Both options resist stains and scratches, making them ideal for busy kitchens.

2. Upgraded Appliances

Investing in modern, energy-efficient appliances can save you money in the long run. Energy Star appliances consume about 10 to 50% less energy compared to standard models. For example, a new Energy Star refrigerator can save you around $300 over its lifetime on energy bills.

3. Custom Cabinetry

Custom cabinetry allows you to design storage that perfectly fits your kitchen. Investing in quality cabinets can elevate both the functionality and style of your space. Custom cabinets often cost between $500 and $1,500 per linear foot, but they can enhance your home’s value by up to 75% of the original cost.

4. Kitchen Island

A well-designed kitchen island adds prep space, storage, and a spot for casual dining. Spending a bit more on a solid hardwood or quartz-top island can significantly improve your kitchen's functionality and aesthetics. An island can also boost a home’s resale value by up to 20%, making it a worthwhile investment.

5. Superior Lighting

Good lighting makes a huge difference. A combination of task, ambient, and accent lighting can create a welcoming atmosphere and highlight your kitchen's best features. High-quality LED fixtures offer better energy efficiency and longer lifespans, saving you money over time.

6. Plumbing Fixtures

High-quality faucets and sinks can enhance both the style and function of your kitchen. For instance, investing around $200 to $500 in a durable, stylish faucet can elevate your kitchen's overall look while providing excellent usability.

7. Smart Technology

Modern kitchens are becoming smarter with technology. Consider devices like smart ovens or refrigerators that can help you streamline cooking and grocery shopping. Investing in smart tech may cost more upfront, but it can lead to savings on energy bills and reduce food waste—some smart fridges can alert you when items are close to expiration.

8. Backsplash

A stylish backsplash can serve as a focal point while protecting your walls. Quality materials like ceramic or glass tiles not only look great but are also easy to clean. Expect to spend between $10 and $30 per square foot for quality tiles, which can add significant style without requiring complete remodeling.

9. Flooring

Investing in durable, water-resistant flooring options like tile or hardwood is critical. High-quality flooring can withstand kitchen traffic and spills. On average, homeowners should expect to spend between $5 and $15 per square foot for materials and installation, but the long-lasting benefits are undeniable.

10. Professional Installation

Although DIY projects may seem like money-savers, hiring professionals can ensure that everything is properly installed. This prevents costly mistakes down the line. For instance, hiring a general contractor might add 20% to your overall remodeling cost, but this investment can save you from potential financial headaches in the future.

Money-Saving Tips for Your Kitchen Remodel

1. Refurbish Existing Cabinets

Instead of replacing cabinets, consider repainting or refinishing them. This approach can offer a fresh look and save you a significant amount; you'll typically spend around $1,500 to $3,000 for a full refurbish compared to $5,000 or more for new cabinets.

2. Shop Sales and Discounts

Timing your purchases can lead to substantial savings. Look for promotions on appliances, fixtures, and materials, especially during holiday sales. You could save anywhere from 10% to 30% on major purchases.

3. Reuse Materials

Reusing existing materials can add unique charm to your kitchen while saving money. For instance, reclaimed wood can be used for shelving or accent walls, giving you a trendy look without breaking the bank.

4. Opt for Open Shelving

Open shelving not only looks modern but can also reduce costs compared to traditional cabinetry. It allows you to showcase dishware and decor while saving on material and installation costs.

5. Limit Structural Changes

Extensive structural changes can significantly increase remodeling costs. Focus on cosmetic updates that refresh your space without the need for knocking down walls. This can save you thousands in additional construction and labor costs.

In summary, a kitchen remodel can be a wonderful way to enhance your home’s functionality and value. By carefully choosing where to splurge and where to save, you can create a kitchen that suits your needs and reflects your style. Whether you choose to work with Peaks Precision Remodeling LLC or tackle some projects yourself, your newly remodeled kitchen can become the heart of your home. If you are looking to have us provide a quote, please fill out our online request at: peaksprecision.com/services