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2020 Kitchen Renovation Costs | Average Cost of Kitchen Upgrades

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The 5 to 15% rule is widely held as the gold standard in helping homeowners estimate and budget the correct amount for remodels. This rule holds that the entire remodel should cost no less than 5% of the current value of the home — and no more than 15%. This is because spending less than 5% may result in a lesser home value, while a homeowner is unlikely to recoup an investment of more than 15% in a resale.

Some other tips to follow when budgeting and estimating for a kitchen remodel include:
  • Consult with the remodeler about how your costs will be separated among projects. Keep in mind that labor will take up 20% to 35% of the budget.
  • 20% of your budget needs to be set aside for unexpected costs.
  • Prioritize what you want done during the remodel, in
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Interior Painting Costs by Sq Ft & Tips to Save Money

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Nationally, the average cost to paint a room ranges from $300 to $900. Of course, this cost varies depending on the size of the room in square feet, materials used, the detail work needed and where you live.

Read the video transcript. 

Interior Painting Costs:

National Minimum Cost $690
National Maximum Cost $1,200
National Average Cost $900
Average Range $300 – $900

>>> Update Your Home: Book an Interior Painter Near You Today

What’s in this Cost Guide?

Prep and Repair Costs

Before you begin a painting project, your professional painter will assess your walls, trim, and ceiling for necessary repairs. The more pre-work that’s done, the better the end result will be. Prep work includes wall patching, sanding to repair previous poorly-layered paint jobs, door trim and baseboard caulking, spackling and more.

If you can tell extensive prep work is needed prior to painting, ask the painter to charge

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2020 Kitchen Remodel Costs | Average Small Kitchen Renovation

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Kitchen Remodel Cost Estimator

Kitchen remodels cost $75 to $250 per square foot. The first step in determining your estimate is looking at the space. Before you get to the smaller questions, ask yourself the big questions:

  • What do you want from the space?
  • How do you want it to look and function?
  • Is the size and configuration right?

Also ask: What should you spend? The industry says spend 5% to 15% of the home’s value on this project. If your house is worth $300,000, you could spend $30,000 without negatively affecting its resale price.

Consider some of these alternative options if you want to save money:

Kitchen Renovation Budget Breakdown

Kitchen renovations cost $12,500 to $34,0000, with a typical spend of around $23,000. The rate divides into materials, installation, lighting and plumbing fixtures.

According to the National Kitchen & Bath Association, the expenses break

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