Remodeling a kitchen or a bathroom is a major undertaking!

It takes a lot of thought and time. Not only should you make sure you are spending your money in the right places but also have it done in a way that suites your lifestyle. Some serious things to think about when you are starting the process.

• How much longer will I live in this space or will I rent it?
• If I am reselling within 5 years is the material I’m putting in appeal to a large portion of the public?
• Am I overspending? Are these materials quality enough to last for my purpose? Or is this something that is worth it to me?

I can tell you right now if you intend to rent out your space in the near future it is not worth picking out the high-end materials. Things such as a fancy backsplash tile with a pretty sheen that cost 30$ a sq ft or the cabinet with the glaze finish and inset doors. Unfortunately, majority of renters will not care to be gentle or clean a space as you would yourself as an owner. Let’s be realistic unless something is yours that you worked for, most people will not see the value in taking care of it.

Now if you plan on letting it go and selling the space within 5 years or so. You do not have to be so careful about spending a few extra dollars here or there so you can get some luxurious enjoyment but within means. So go ahead get that double oven for thanksgiving dinners or the fancy backsplash. Just keep in mind if you go too funky or glitzy with some materials you might end up either having to replace it or limit yourself to certain corners of the market place.

You can figure that you shouldn’t spend over 15% of the value of your home on a kitchen remodel. If you do it’s because that extra cash attributes extra value to you. Whether it be enjoyment or convenience. You always have to weigh these things out. Also, something I always say to my clients what is it worth to you? Because I can easily design something 100K + but is a solid gold toilet or all custom cabinetry really necessary…?

For more guidance, reassurance and organized budgets made just more you give me a call we can see what I can do to help you through your next remodel. We offer remodeling packets that will help guide you through your next renovation.

Studio Martin & Co
Alyssa Ploszay / Interior Design Specialist
612-735-3805
alyssa@studiomartinco.com