Rehabbing Kitchen Estimate - is this a fair price?

[Julian L.]

Hello!

I'm looking to rehab this kitchen and found a contractor I really liked. This would be a place I will be living in for a while and I want to be sure it's done right, not cheap. Here are some photos, so you have an idea of what I'm talking about: 

Essentially, I'd like to demo the kitchen cabinets, knock out the wall to the left and create a peninsula. I'd then like to move the stove where the fridge is, and the fridge to the right of the sink counter. I then want to install 4 can lights over the kitchen and 2 pendant boxes over the peninsula. All new appliances, hardwood floor (to match the rest of the condo), etc.. 

The contractor I liked the best gave me a quote of $10,500. I would have to purchase all appliances, sink, floors and extras. This is what I have budgeted:

$3000 for appliances
$350 sink
$100 garbage disposal
$450 hood vent
$300 facet
$100 backsplash
$350 hardwood floor
$1000 granite counter top
$1000 white wood cabinets with silver hardware

First question: is this a reasonable budget for what I'll need to buy? 

Second question: What is the wiggle room for what contracts quote you and what they will go down to?

Third question: This is the estimate I received, does this seem reasonable?