Anonymous wrote:Anonymous wrote:OP here. The layout is functional and we would also replace backsplash and all lighting. The cost savings of new cabinets (vs the old) would nearly pay for our master bath…
Doubtful. Your master bath is going to cost a lot more than you imagine right now. And any paint job (even offsite) won't be durable for 7+years. If you're literally re-doing everything else, get new cabinets too. We did a reno and addition last year and my approach was to be frugal whereever possible, but to make sure that we did things right. Spending all that money (new counters, appliances, backsplash) on a kitchen and keeping 30 year old cabinets is a dumb way to economize. It's not just style - it's the hinges and drawer slides and your old cabinets probably don't include many drawers, which are better for storage and ergonomics.
Anonymous wrote:Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.
But when you sell the house, it will cost you. You will get less.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.
But when you sell the house, it will cost you. You will get less.
Unless by the time they sell the renovation is dated.
Anonymous wrote:Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.
But when you sell the house, it will cost you. You will get less.
Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.
Anonymous wrote:If the kitchen is functional as is, why renovate more than you have to? Full kitchen Renos are for people who love to cook and want a more functional kitchen; or want a more aesthetically pleasing kitchen. If your kitchen works layout wise for your family there is no need to do a 75k reno.
Anonymous wrote:Our kitchen is the original from 1985 and a couple of years ago after getting kitchen remodeling estimates we came to the conclusion that it wasn't worth it right now. A pull and replace job (not changing layout) with mid-grade materials and appliances from the big box store was going to cost $75K for an average sized kitchen. Though had saved the money, we are frugal and think about the opportunity costs of blowing so much money on a kitchen remodel. We have two young children. $75k invested in a 529 lump sum would be enough to pay for college tuition in state in 15 years. I think you really have to have money burning a hole in your pockets to spend this kind of money on a functional kitchen.