Sunday, April 6, 2014

Ikea Kitchen Budget Breakdown

Once upon a time, I naively thought we could remodel our 1970s kitchen for about $10,000. Then I did some research on material costs, talked to some contractors and took an honest look at our scope of work. This scope included:
  • Removing load bearing wall (see how we made that budget-breaking discovery!) between kitchen and living room
  • Widening the doorway to the dining room
  • Closing off an entry to the kitchen, extending foyer
  • Moving the stove, sink and fridge
  • Relocating the garage door
My revised, more realistic estimate was closer to $15,000, with a contingecy of $2,500. Eventually, we landed in the middle of those two numbers, spending a little over $12,000 (scroll for spending breakdown). The bulk of that came in construction costs (thanks load bearing beam!) and cabinets. Even with the Ikea 20% sale, we bought a LOT of cabinets, and splurged on getting mostly drawers for the base cabinets, a few glass uppers and extra organization, like lazy susans for corner cabinets. 

There are also some areas we haven't spent on yet. We put off the backsplash initially due to exhaustion; once the construction was done, my husband and I (along with some incredible friends) were the labor. Now, it just hasn't bothered us to not have backsplash, but I'm sure I'll get remotivated at some point and tackle that project. 

"The Help," AKA, husband and family friend
Also, our floor started as a mishmash of tile and wood. It remains that way. We used extra pieces of wood floor that we had on hand to fill in the gaps left by the remodel. It really doesn't bother me, but I imagine we'll make it either all tile or all wood before selling. Which means we have a few years to worry about it. 

My guestimate is that if we'd bought everything at full price and paid for somebody to do everything; design, construction, install cabinets, etc, we'd have spent closer to $25,000. I'll know for sure when we get our house appraised for refi this spring. Fingers crossed!!

Later I'll post where we saved, and where we spent a little more, often out of necessity. But for now, here's how it all played out:


Item/TaskBudgetNotes
Move Door, Fridge
Move stove
Hood Vent
Hood Vent Labor
Move wall, add beam
Add'l wiring
Total Construction6432Contractor
Floor wood, pro-(perm floor, pending)
Floor (vinyl click, us)20
Cabinets + wood counter5167.62
Lighting (use existing wiring)220
paint (us)80
knobs (Ebay)79
Backsplash(pending)
Install cabinets (us)
Supplies (us)145
Counter removal 225
Sink69
Stove750
storage bench, foyer70
bar stools 50
Subtotal13307.62
Subtotal13307.62
RecoupReturns, sold
Cabinets300
Counters & sink400
Stove350
Return cabinets
Return supplies50
Recoup total1100
Net Total12207.62

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