Get the inside scoop that most contractors don’t like to talk about.
A popular question that our clients often ask is, “What drives the cost in a typical luxury remodeling project?” This is such a great question as it is important to understand what you are getting for your investment. Nobody in their right mind wants to make a large investment without understanding the return, right? Right!
One of the greatest cost drivers is your taste in materials. Some of our clients want a magazine-quality finish, so they tend to spring for the top-of-the-line material selections and truly spare no expense. Items like Wolf or Viking appliances, level 8 quartz countertops, and premium lighting/plumbing fixtures are often selected by these clients. Folks can invest over $100,000 in appliances alone. For a seasoned gourmet, this may be the best option, but maybe not for the weekend iron chef.
Now other clients, still want a beautiful, functional space, but they have a little bit more modest taste in materials, and they don’t need or want those super high-end finishes or appliances. Either way, you will be left with a beautiful and functional space.
That being said, in your average kitchen or bathroom remodel, the biggest cost is often attributed to cabinetry if you don’t spring for the premium appliance package. Whether it is semi-custom or full-on custom cabinetry, your cabinetry will often make up the greatest cost in your project. After that, it’s really going to be things like your plumbing fixtures and lighting fixtures that increase your budget.
Other things have a lesser impact, like paint, and trim work. Unless, of course, you want a replica of Michaleangelo’s painting on the ceiling of the Sistine Chapel. That would call for an entirely new article in itself!
Regardless of your taste in materials, if you would like more information on what would drive those costs in your own project, schedule a time to chat with us here. We would be glad to give you all the insider information so you can have the knowledge you need to make a well-informed decision.