Budgeting for an Outdoor Kitchen
And Return on Investment Factors
Outdoor Kitchen General Cost Ranges
-
$3,000 - $5,000
Basic kit that allows for an intergrated work and storage area. This setup can be installed on an existing patio and decks, provided there is sufficient foundation and structural support.
-
$5,000 - $13,500
Medium size setup that allows for basic plumbing and an area to prep and set food. These typically are installed along with an existing or new patio.
-
$13,500 - $20,000
Outdoor kitchens that provide multiple services and functionality in conjunction with usable work space and eating areas.
-
$20,000 +
Full scale outdoor kitchen that provide equivalent services that indoor kitchens provide. Some outdoor kitchens have impervious roofs that provide a blend of indoor with outdoor experience.
Outdoor Kitchen Return on Investment Considerations
As a general rule-of-thumb, you as a homeowner can expect the following potential ROI:
Selling property within 1 year: 60% to 100% ROI is generally expected for based on recent surveys. For homeowners that are looking to make improvements for purposes of selling, it is best to basic functional outdoor kitchens to maximize ROI potential
Holding property for 3 - 5 years: 100% to 200% ROI with proper care and maintenance.
Long term hold: Investment goals for long term holds are more directed for the homeowners experience and enjoyment.
For longer property holds, it will be important to maintain a proper care and management plan that goes beyond our warranty.
Other Factors That Will Impact Cost
Material Choices
Stucco
$5 - $8 per SF
Brick Veneer
$9 - $15 per SF
Manufactured Stone
$15 - $25 per SF
Natural Stone
$20 - $40 per SF
Countertop
Ceramic Tile
$6 - $50 per SF
Concrete
$60 - $95 per SF
Granite
$65 - $75 per SF
Soapstone
$50 - $160 per SF
Stainless Steel
$75 - $100 per SF
Other Integrations
Appliances
Range, sink, fridge, and other service appliances
Plumbing/ Electrical
For sinks and appliances
Patio and Pergola
To effectively integrate the outdoor kitchen with an inviting spatial experience
Notes: Although added features will increase cost, there is less mobilization required if other project elements are included in the project. This will adjust project costs factors if done together.