Source: About.com: Home Renovations Guide, May 20, 2010.
By Lee Wallender
Confused About Kitchen Remodeling Costs?
You’re Not the Only One
Read the full article on About.com: Home Renovations.
$50,000-$75,000
William Fadul, Co-Owner, MOSAIC Group, tells us that this figure applies to a 12’x16′ kitchen and involves pretty much everything that homeowners want in a mid-range remodel: new semi-custom cabinets; all-new appliances (budgeted around $6,000); granite or solid-surface counters; lay new floors or tie-in existing floors; even minor structural work; and much more.
Surprised by that figure? Well, don’t be. That’s pretty much what you’ll pay for a quality kitchen remodel.
To go lower-end, Fadul says that you’re dealing with a less invasive process. Essentially, you are “refacing and sprucing up all of the finishes.”