When considering a Portland kitchen remodel, one of the first items on the list is usually budget. After all, how do you know how much remodeling you can do, if you don’t have an idea of what it may cost? An accurate budget estimate can help you answer big questions like whether you can pay for your remodel out of pocket, whether you need to finance all or part of it, or if you can afford to do it at all.
Several factors go into formulating an accurate budget estimate, including where you live. A Portland kitchen remodel may be less expensive than one in Denver for example, but cost more than one in Sacramento. So how do you know what yours may end up costing? Here are some ideas and recommendations to help you figure out your kitchen remodel budget.
Getting started: Determine the Scope of Your Portland Kitchen Remodel
Begin with a broad view of your project and then work toward specifics. Don’t get too caught up in things like specific fixtures or finishes before you really determine if you’re going to gut the kitchen or just do a little face-lift.
At Lamont Bros., we do 4 major types of kitchen remodels:
Kitchen refreshes usually are the least invasive in terms of demo and construction. They’re mostly limited to updating elements within the kitchen like countertops, cabinets, and backsplashes, but the majority of the kitchen stays the same. These remodels can still dramatically change a space, but the level of complexity and overall transformation of the kitchen is more limited.
Addition kitchen remodels
These kinds of kitchen remodels involve expanding the footprint of your home in order to accommodate a larger kitchen area. These are quite extensive and usually take longer to complete than the other types due to the amount of work involved. That said, these kinds of remodels can allow for the most amount of design freedom as you’re adding a brand new space to your home.
Pull & replace
With these types of remodels, normally the layout stays the same and the drywall stays intact, but the fixtures and finishes are pulled and replaced. The existing floor plan is retained, as is the location of the plumbing and electric. Things like the cabinets, countertops, light fixtures, and appliances are either replaced or refinished in order to give the kitchen an updated look and feel. A pull-and-replace option will be less costly as the work and materials required is usually smaller.
Full kitchen remodel
This generally includes removing walls and windows, demo and install new drywall, maybe move plumbing, and change the overall layout of the kitchen. A full kitchen remodel is more complex in general, as not only may the floor plan change, plumbing and electric is often moved or added. New finishes are also usually installed. In terms of budgeting, this option may cost twice as much or more than a pull-and-replace.
Decide Who Will Do the Work
Once you’ve determined what type of remodel you’re likely going to do, you want to figure out how you’re going to accomplish it. Here are 3 options:
1. Project manage it yourself
With this option, you source the materials, develop and manage the project, and do much of the work on your own. Maybe you find a handyman who can help with some of the more complex tasks. This option may help you save costs, but it will involve more work on your part and require a longer timeline. For large kitchen remodels, managing the project and making sure everything happens on schedule is a big job. If you have much more time than money, and aren’t afraid of learning along the way, this could be a good option for you.
2. Hire an Interior Designer and General contractor separately
Another option is engaging an interior designer and then bidding out the project to select a general contractor. The best way to do this is to get the general contractor on board with the project as early as possible so they can advise on the budget throughout the planning process. If you don’t, costs can quickly balloon as the design process may become out of line with the actual construction work.
3. Use a design/build firm
If you decide to work with a Design/Build firm, you can expect to have a single entity doing the design, budgeting, project management, and construction. This often streamlines the project from start to finish and can eliminate any nasty budget surprises. But be careful when vetting and interviewing firms. Some focus on remodeling and tack on a little bit of design. Others are mainly design firms that subcontract out most of the work. In order to have the best experience, you want a firm that’s fully integrated, has full-service design and remodeling, and has worked on several projects similar to yours.
At Lamont Bros. we have full-service design teams and in-house remodeling teams that do the majority of the work.
Find a Partner Who Will Help You Create a Realistic Budget
All three of those options can work very well, depending on your project. If you do it yourself, you’re mostly on your own when it comes to determining and sticking to a budget. If you hire a separate interior designer and contractor, or go with a design/build firm, it’s important to work with a partner that has a clear budgeting process and that’s honest and up-front about the construction costs. There are a lot of companies that will tell you exactly what you want to hear. That won’t be of much help when you’re trying to make significant financial decisions.
You’ll also want to work with a company that has a lot of experience in Portland kitchen remodels. If they rarely do the type of kitchen work you need, chances are they won’t be very helpful coming up with an accurate budget.
We have proprietary budgeting tools at Lamont Bros. that interactively create a budget with you. It makes the process really transparent so that you know exactly what’s included in a budget—and what isn’t.
A Helpful Portland Kitchen Remodel Cost Guide
At Lamont Bros., our custom budgeting tool has been developed based on years of experience doing remodels in the Portland area. So, we feel like we have a pretty good system for accurately budgeting projects. But there is one other general budgeting guide that we’ve found to be pretty helpful. Every year, Remodeling Magazine releases their Cost Vs. Value report. It’s designed to help homeowners understand what remodeling projects cost in their metro area and how much value they add to the home.
Lamont Bros.’ Average Portland Kitchen Remodel Costs
We do several kitchen remodels a year and based on our experience, here are some average costs for two of the types of kitchen projects mentioned above, the pull & replace and the full kitchen remodel.
Example #1 – Pull & Replace Portland Kitchen Remodel
For a kitchen remodel that’s roughly 200 square feet in size, where we pull and replace new cabinets, countertops, and fixtures, you’re generally looking at a cost that ranges from $70,000 to $110,000. That’s a large range, but what dictates the lower end from the higher one mostly hinges on the levels of customization and the materials chosen. Opting for top-of-the-line cabinets and countertops for example, will push the cost toward the upper end of that range. Ultimately, these are all choices you can control. Can the cost be higher? Of course — there’s always another cool feature that can be added.
Example #2 – Full Portland Kitchen Remodel
With a full kitchen remodel that may involve removing a wall and some windows, changing the layout, and basically tearing everything down to the studs, costs usually range from $110,000 to $160,000. Many of the same factors are at play here as we see in the pull & replace. Levels of customization and types of fixtures and finishes used can dramatically affect the cost.
As you work through the budgeting process with the partner you choose, you’re going to want to think about what level of customization and what types of materials you want in your new space. Essentially, you want to determine what are those must-haves that may impact your budget the most.
Get Started With Your Custom Budget
If you’re planning a kitchen remodel and want some budgeting advice, schedule an appointment with us and we’ll create an interactive budget specifically for your remodel.
For more ideas on how to help plan and budget for your next remodeling project, check out: