House and Home

5 Ways to Save Money on Your Kitchen Renovation

Star contractor Stephen Fanuka helps you cut costs!

 

When it comes to home renovations, kitchens are often the most expensive. A beautiful, well-functioning kitchen, however, can vastly increase the value of your home. So how can you improve your kitchen without spending a fortune?

We asked Stephen Fanuka, host of “Million Dollar Contractor,” for his money-saving secrets.

  • Cabinets“The most expensive part of the kitchen (renovation) is usually the cabinets," he says. “If you can save the cabinets, you're going to save 70 percent of your budget.” He suggests swapping out the hardware on your cabinet doors in favor of metallic knobs and handles. Nowadays, hardware stores offer a myriad of options including bronze, brass, polished nickel, brushed nickel or stainless steel. 
  • BacksplashFanuka says that if your current backsplash is in good shape, you can buy a new one and apply it right on top of the old one. 
  • CountertopsSalvage your existing stone countertop by cleaning, re-sealing and polishing it. Fanuka suggests hiring a professional for this job. It's worth the splurge, and it's much cheaper than installing new countertops throughout the kitchen. 
  • Change the fixtures or appliancesReplacing the sinks, faucets and outdated appliances can make a world of difference. Look around your kitchen and see what could use improvement. "There's a good chance the appliances are old anyway," says Fanuka. 
  • Add new lightingSee your kitchen in a whole new light — literally! Add new light fixtures or highlight one wall with a fresh coat of paint.