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How Much Should Your Kitchen Remodel Cost?

NEW YORK ( TheStreet) -- Topping the list of remodeling projects undertaken by American homeowners is the kitchen.

But what are homeowners spending to upgrade their kitchens?

Nationwide, the average cost of a kitchen remodel or addition, according to survey data, is $27,000. Taking a closer look at the nine census regions reveals some significant differences in what it costs homeowners in different areas to build the kitchen of their dreams:

Mountain region: the lowest cost, at an average of $20,800

South Atlantic region: just shy of the national average, at $25,400

Pacific region: an average of $33,600

New England: the highest cost, at an average of $35,100

These averages don't tell the full story about regional spending differences when it comes to new kitchens.

The study found higher budgets in many large cities, with San Francisco coming in at $43,500 and Boston at $41,200. Philadelphia also comes in significantly above the national average, at $35,000, as does Washington, D.C., at $32,000.

Homeowners in Chicago, Minneapolis and Seattle spent around the national average for their new kitchen cabinets, appliances, countertops, lighting and flooring, at $30,400, $26,800 and $26,400, respectively. Renovated kitchens cost significantly less for homeowners in Dallas and Atlanta, who paid an average of $21,000 and $20,800 in those markets.

Kitchens Remodels Dominate

Kitchens are overwhelmingly the No. 1 major remodeling project among U.S. homeowners surveyed, measured by past kitchen remodeling activity, future remodeling plans and renovation research.

Of Houzz homeowners surveyed, 32% remodeled their kitchen in the past five years, and another 45% are planning to remodel their kitchen in the next two years. Houzz also calculates project popularity by looking at the number and type of images that homeowners are saving to their ideabooks . This data shows that the largest number of images saved are of kitchens, nearly twice the number of bedroom images saved.

What kitchen features do Americans want?

For most Americans, the ideal kitchen starts with better storage. In fact, the most popular kitchen photos on Houzz are pantries with the ultimate in custom shelving for every type of food and other kitchen items. Kitchens with traditional cabinetry, new stainless steel appliances and stone countertops are also at the top of survey respondents' must-have lists, and homeowners are saving these types of inspirational images to their personal ideabooks.

Popular kitchen details saved to ideabooks include large islands that accommodate both a workspace and space for eating, bar stools for island seating, transitional-style metal and glass pendant lighting, wide-planked wood flooring and dramatic ceiling details, from rustic exposed beams to elegant two-tone painted and coffered architecture.
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