Budget Advice for Kitchen Remodels

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General Guidelines

Real estate agents and kitchen designers recommend a budget guideline of no more than 15 percent of a home's total value when remodeling a kitchen. Spend more than that, it's said, and you risk losing money at resale. Still, a functional, attractive kitchen offers intangible benefits, such as how much you'll enjoy cooking or whether it's suitable for entertaining. Consider how long you're likely to stay in the house, and then decide which of the following three remodeling plans fits your situation best.