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Cabinetry is typically the most expensive component of a kitchen remodel, often accounting for 30% to 40% of the total budget. The cost for new or modified cabinets can range from $2,000 to $28,000, depending on the kitchen's size, materials, and whether they are custom-designed. To save money, you can refinish or reface existing cabinets if they are in good condition. The next largest expenses are typically new appliances, which can cost $500 or more per item, followed by countertops and flooring.

The best time to buy kitchen appliances is often during holiday weekends; Black Friday and Cyber Monday being the biggest. 

However, you’ll likely find decent deals during Presidents Day, Memorial Day, Labor Day, or Fourth of July weekend.

While these dates might spell out sales, a deal is only as good as its discount. Note the full price of each appliance before shopping sales to understand if you’re truly saving cash. 

The magnetron and the transformer are typically the most expensive parts of a microwave. Replacing a magnetron can cost anywhere between $100 and $200, depending on the make and model of the microwave, and replacing a transformer costs between $100 and $300. When these parts fail, it’s often preferred to simply replace the microwave entirely.

If you have a tank-type electric water heater, it runs regularly to keep the water at the desired temperature. If you live in a home where you don’t use much hot water, it could seem wasteful to run power to heat water that you’re using infrequently. You could save some power by using a smaller tank, insulating the tank, or lowering the temperature of the water heater.