Dreams are a beautiful thing. Dreams that don't break the bank are sublime.

The number one remodeling project in American homes each year? Kitchens. There's good reason for this — not only do people spend a good portion of their day in the kitchen, but a healthy percentage of home entertaining takes place there as well. To correct a poor flow in kitchen traffic, design flaws and increase storage and working space, a kitchen remodel tends to range from 10 - 30 percent of the home value. That equates to $50,000 - $150,000 for a home valued at $500,000.

Our Holiday Kitchens budgeting worksheet will help you plan ahead.