Do have a priority list of what you want to be done in your renovation in case of any emergency situation. Do keep in mind that 20-35% of your budget will go to labour fees. Consult your kitchen renovation specialists or interior designers on the cost breakdown of the project.Set aside around 20-25% of your budget for unforeseen circumstances.Here are some tips that we recommend you follow should you carry out a kitchen renovation project: Lower than 5% and you are not getting the supposed increase in home value, and higher than that, you will likely not get back your ROI in the project. The rule states that the entire remodel project should not cost more than 5% of the current value of your home - and no more than 15%. The golden range when renovating your kitchen is between 5 to 15% of the current value of your home. However, the intensity of this work varies. *Other works like electrical, plumbing, painting and cleaning up after renovation are included. *The estimated renovation cost is based on hacking, carpentry and masonry work.
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