Kitchen Remodel Costs in Minneapolis: Budgeting for City & Suburban Homes

Many homeowners dream of a complete kitchen remodel. Few home improvement projects offer such significant value and enjoyment. Who wouldn’t want their kitchen to be designed to their exact specifications?

The problem is that completely redoing your kitchen can be extremely expensive, whether you live in the heart of the Twin Cities or in a surrounding suburb. But your kitchen renovation does not have to be an all-or-nothing approach.

With the budgeting tips and cost breakdown information in this guide, you will be able to make an informed decision and develop a kitchen remodel that will fit your budget.

Factors that Influence Kitchen Remodel Costs in Minneapolis

The cost of a kitchen remodel can vary significantly depending on a number of factors. The most important of these factors include the following.

Home age and condition: Older Minneapolis homes may have plaster-walled, dated electrical wiring, and outdated plumbing, all of which will need to be brought up to code. Thus, an older home or one that has not had many renovations will likely cost more than a newer or remodeled home.
Size: In general, the larger the kitchen you are remodeling, the more expensive the project.
Material selection: The materials and finishes that you select will greatly affect the final price of your remodel. For example, countertop costs will vary by type. According to Home Depot, granite countertops will cost around $70 per sq. ft., while laminate countertops only cost around $34 per sq ft.
Labor and design costs: Labor costs will often account for 25%-35% of your total project budget. Hiring an experienced contractor like SMC Construction, Inc. in Minneapolis is well worth the cost, however. We will ensure that every aspect of your kitchen remodel—from permits to finishing details—is handled correctly.
Permitting and city requirements: Finally, you will likely need to pay for permit costs and inspections both in Minneapolis and the surrounding suburbs.

Cost Breakdown by Type

Kitchen remodels are typically broken down into three categories: Minor, Midrange, and Upscale. Here is a little more information about each type and its typical cost range.

Minor = $24,000-$70,000

A minor kitchen remodeling project will typically include the following changes.

Cabinet refacing OR replacement of cabinets with budget options.
Updated appliances to energy-efficient models.
New, lower-cost countertops.
New, lower-cost kitchen sink and faucet.
New flooring.
Fresh paint.

Midrange = $70,000-$120,000

A midrange kitchen remodel in Minneapolis will include mid-tier materials and more visible changes, but the layout of the kitchen will remain the same. The following changes are common.

Semi-custom cabinets.
Addition of a small island.
New, mid-tier countertops.
New, mid-tier sink and faucet.
New appliances.
Custom lighting.
Fresh paint.
New floors.

Upscale = $120,000+

An upscale kitchen renovation will involve the complete overhaul of your existing kitchen. Its price starts high, and can grow as much as your budget allows. Common changes include the following.

Custom cabinets.
New layout.
High-quality, expensive countertops.
High-tech appliances.
Designer sink and faucet.
Water filtration system.
New lighting.
New, high-quality flooring.
Fresh paint.

Kitchen Remodel Costs Differences: City vs. Suburbs

Your location within the Twin Cities area will affect the cost of your kitchen remodel. Both urban and suburban environments offer unique cost-saving opportunities, but also unique challenges.

Here are a few factors that set these two environments apart.

City homes

Typically have smaller kitchens with less space to make significant changes.
Older properties may require system upgrades.
Historic homes may have restrictions on the changes that can be made.
Permit fees and inspections will likely be higher and more detailed.

Suburban homes

Larger kitchens allow for more freedom in layout changes.
New infrastructure simplifies any plumbing or electrical work.
There are lower permit costs and few restrictions.

How to Budget for Your Kitchen Remodel

Clearly, a kitchen remodel will be expensive. The exact price will depend on your spending power and goals. However, regardless of your dream project, it’s essential to know how to budget for the kitchen you want to create. Following these budgeting tips will ensure you have a fund for your project before you get started.

Create a list of priorities: Decide on the most important goals for your project before you begin. Do you want a complete kitchen overhaul, or are you just looking to freshen up your space? Your goals will determine the overall budget you should be aiming for.
Receive multiple estimates: Reputable contractors should provide transparent quotes that detail labor, materials, and contingency costs. Seek out multiple quotes to ensure you receive the best price on your project.
Create a contingency fund: Plan for 10-15% extra in your budget to handle unexpected costs, especially if you live in an older Minneapolis home, where surprises are common.
Consider financing options: If saving all of the money you need for the remodel is not possible right now, you may still be able to fund the project. Looking into home equity loans, refinancing, or personal loans to spread the costs out over time.
Balance aesthetics with ROI: Kitchen remodels in Minneapolis can provide an ROI of 30-100%, depending on the scale of the remodel and materials used.

Finally, the most important thing you can do to plan for your next kitchen remodel in Minneapolis is to contact SMC Construction, Inc. Our experienced team has a proven track record of delivering successful kitchen remodels of any size and scope. Whether you live downtown or in a nearby suburb, we have the solutions for you. Request a proposal from SMC Construction, Inc. today and start creating the kitchen you have always wanted.