Here’s How Much People Spend on Kitchen Renovations
If you’re thinking about taking on a kitchen renovation project this year, you might want to look at these numbers first. According to the 2017 U.S. Houzz Kitchen Trends study, most people budget and spend between $25,001 and $50,000 for their kitchen renovation.
For the study, experts surveyed 2,700 Houzz users who were currently renovating their kitchens, have recently completed the project, or are planning to tackle it this year. They found that the number one reason people had for renovating their kitchens was that they could “no longer stand the old kitchen.” Other motives included having some extra budget to take on the project, or to customize their recently purchased home.
RELATED: 7 Kitchen Items to Save or Splurge On