How To Set a Budget for Your Kitchen Remodel

Renovating a kitchen is no simple task. If you're in the market to remodel, the first thing you want to do is probably cruise around pinterest and houzz for inspiration, but before you start spending money or hammering through walls, make sure you take time to secure and plan out your budget.  THIS IS SO CRUCIAL!  Once you pick an overall kitchen reno budget, it's equally as important to go through and allocate every dollar that will be spent into a specific sub category.   It's a lot of work in the beginning, but it can help save you a lot of stress (and save you $$) down the road. The last thing you want to do is blow your entire budget on cabinets and then realize you have no money left for floors, countertops, or lighting!

The National Kitchen and Bath Association has broken down average kitchen remodeling costs into the percentages listed below.  This can help you get an idea of what costs to expect when renovating, and also how to properly allocate your budget!  You might have priorities for your kitchen that alter your budget allocations from this one, but it's a great starting point! 

Allison Williams via Pinterest

Here is a great worksheet to help you keep track of your budget!
Have you remodeled your kitchen?  Do you find this breakdown to be pretty consistent with your experience?