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How much should I spend on a kitchen remodel?

11-07-2009

The 5% to 15% Rule is a handy tool to help determine how much you spend on your kitchen project.



Basically, the rule states:
The entire kitchen project (including cabinets, appliances, Countertops, flooring, lighting, trim molding, & wall coverings) should cost no less than 5% and no more than 15% of the current value of your home … with approximately 50% of the total cost allocated for kitchen cabinets (including accessories and trim).
- from Remodelingrecon.com