How Much Should A Kitchen Renovation Cost?

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How Much Should A Kitchen Renovation Cost?

The kitchen is the heart of the home: it’s where you prepare your meals, eat your breakfast, and where all your guests gather at parties. So it’s little wonder that many people want their kitchen to look the absolute best it can: not to mention be functional and comfortable. in terms of boosting a property’s resale value, there is simply no other room that will have more impact. Unfortunately, it’s also the most complicated room to renovate, and so can often be the most expensive.

If you’re looking to renovate your kitchen, I’d be willing to bet you’re probably a little in the dark as to how much this might cost. Such a large undertaking can be dizzying to consider, with all the different factors at play. That’s why we’ve compiled some of the key facts and figures here so that you can start planning your renovation.

Things To Consider Before You Start

Ok, so before we get onto the pricing, there are a few things you should be thinking about as you start to plan your renovation.

What do you use your kitchen for?

For some of us, the kitchen is just a space where we cook and keep our food. For others, it is the hub of family life, where everyone gathers for breakfast, but more importantly to connect. For other people, the kitchen is where we express our artistic flair and cook up a storm. Thinking about what your kitchen will be used for is crucial before beginning to plan your renovation. Once you’ve got this straight in your head, you can start thinking about …

How does your kitchen need to function?

Is it going to need a large surface for eating, for cooking big meals for the family, or does it just need enough space for one or two to move and cook at the same time? Imagining how you will actually live in this space will allow you to start designing a layout that works for you (and perhaps your family).

How do you want it to look?

If you’ve put any level of care and attention into the look of the rest of your home, then you will want the kitchen to fit, and to flow with the rest of your house. Also here you should consider resale value, and if you are planning to sell soon, choose a style that is popular and easily adaptable.

Costs for Kitchen Renovations

Black and yellow modern kitchen

Of course, the actual cost of your renovation will depend a lot on the size of the space, the quality of materials you use, and whether you opt to completely change the layout of the room. However, it is possible to express the costs as a range depending on the size of the space, which can be a useful stat for deciding exactly how much work you decide to get done.

On average, a kitchen renovation costs $18,000 for a simple job, but homeowners can expect to spend between $25,000-$35,000 for a mid-range fitting. A smaller project between $14,000 and $22,000 may include painting walls, refacing cabinets, upgrading the sink, and installing a tile backsplash. A $30,000+ renovation may include installing custom cabinets, hardwood floors, granite counters, and high-end appliances. If you’re looking to alter the layout dramatically you should expect to be spending at least $30,000.

Small Kitchen Renovation Costs

The rate to update a small kitchen is between $11,000-$20,000 depending on what you install, repair or upgrade. For this room, small is defined as 8 square metres or smaller. You’ll have limited options for a project of this size. It’s important to set your budget and plan for some DIY work to save time and money. Here are some recommendations for keeping expenses low:

Cost to Upgrade a Large Kitchen

A large kitchen is defined as 20 square metres or more, and the cost to renovate typically runs between $30,000-$60,000. Upscale renovations can reach from $75,000 to $100,000 but could run much higher depending on the level of luxury you desire.

Renovation For Those On A Budget

small simple kitchenRenovating on a tight budget is possible, but you will need to be prepared to do some of the work yourself! With a budget of between $10,000 and $15,000, you’ll also need to purchase some of the materials before calling in the professionals. It’s well worth asking the contractors if they can get some of the materials for wholesale prices but bear in mind that it’s not unusual for them to charge extra for the purchase and labour. It may be easier to get your materials in advance, and then paying for installation at the time.

Budgeting For Your Kitchen Renovation

Making a budget before you start is crucial. Sticking to it is even more important! Your budget can help you to determine how much you can accomplish, the materials available, and how much professional help you’ll need. From this, you can assess what the final product will look like. If you don’t plan appropriately, there’s a good chance that you will find yourself in debt by the end of the project, or left with a half-finished space after the funds run out. Or both.

Final Touches and Suggestions

You’ve done your thinking, defined your budget, and you’ve either done as much work as you can yourself, or you’ve called in the pros. Once all this is done, it’s time to add appliances and all the final touches. Appliances, of course, are crucial. If you’re choosing a fridge, it would be remiss to not choose one with cold water and an ice outlet. In order to make sure your family has only the cleanest water, water filtration is essential, so be sure to fit a water filter to your fridge freezer.

If you’re creative, or design orientated, picking your tiling is the fun part – but ith so many different options it’s hard to know how to budget. The average backsplash costs $1,845 so that at least gives you a ballpark figure to work from. Kitchen lighting can make a huge difference, and with recessed lights coming in at around $150 apiece to install, and over-the-island pendants around the same, these are a cost-effective way of lighting your kitchen stylishly.

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