How Much Is A Kitchen Renovation
Almost universally recognised as the heart of any home, the first port of call for any house upgrade is often a kitchen renovation – but how much do they cost?
Once upon a time, home renovations were predominantly embraced by long term homeowners looking to give their abode’s quality a modern boost. These days, the process of undertaking a renovation can also be a very effective means to increase the value of their property, and to ultimately present the home in question in the best possible light to potential buyers.
Like it not, many industry experts believe that it’s kitchens that ultimately sell properties. Since the kitchen is considered the heart of a home and the key area where a family spends time together during the day, one that’s in optimal condition will boost the total value and appeal of your house – but how much is a kitchen renovation?
Understanding The Price Of A Kitchen Renovation
For homeowners debating a kitchen renovation, calculating the true costs associated with the process is often where many come unstuck. While a budget choice may start at the $10, 000 mark, a luxury kitchen renovation can quickly add up to over six figures.
While you need to think about functionality, efficiency and smart storage solutions, it doesn’t have to mean compromising style. Depending on the size of the room, common kitchen designs include island style, U shaped, L shaped, straight line, galley and peninsula layouts.
Be realistic about what you can and can’t include in your dream space, as calculating how much a kitchen renovation will cost is often linked to the size of the space in question. Once you have a better idea on what your new kitchen will actually look like, it’s time to start crunching the numbers. As a general rule, there are three pricing tiers to choose from.
Budget Price – Flat pack style sourced from major retailers like Bunnings, Ikea and Freedom are often the first port of call for those looking to revamp or redo their kitchen space on a tight budget. While there is an enormous range of styles and designs on the market today, if you’re not DIY savvy, the installation and labour costs can quickly skyrocket.
Mid Range Price – Opting for an independent kitchen specialist may seem like a luxury that you can’t afford, but when you sit down and calculate the costs of design, materials, labour and installation, it’s often not as hefty as one would initially think. This is especially relevant if you have a uniquely shaped area, or are debating customised additions.
Top End Price – A popular option for commercial fit outs and of course, multi million dollar homes, top tier boutique kitchen designers are seasoned professionals when it comes to luxury materials. If you can afford it, by all means go for it – however this may not be the most economical option for the average Australian property owner.
The big ticket appliances – stoves, ovens, fridges, microwaves, dishwashers and other electrical appliances – are not generally included in the cost of a kitchen renovation or installation. While their installation will often require the help of a third party tradesperson such as an electrician or plumber, appliances aren’t the only things that can sway the final figure.
Unsurprisingly, it’s often your choice of building materials that will have a big impact on the cost of your kitchen renovation. This generally includes the materials used for your benches, splashbacks and cabinetry, or your handles, tapware and sinks. While the going rate typically differs according to a product’s quality, style or general popularity, every home owner is different when it comes to sifting through the “want vs need” list.
Like it or not, the general rule of thumb within the industry is that you need to allow a minimum of 20% on top of your original budget as budgets can blow out by as much as 80%, with the average slippage on timeline is a whopping twenty months. To minimise your exposure to these unexpected surprises, make an in depth budget from day one, track it as you go, and above all – stick to it.
It’s also important to clearly communicate with your tradies on how long you can expect to wait for your new kitchen. With production times blowing out right across the nation thanks to the skills shortage and shipping delays on materials, new customers have reported waiting as long as six months for their new kitchen renovation to get underway, particularly for those who live in rural and regional parts of Australia.
To make sure that you opt for products that are best suited to your individual needs and tie in with the grand vision you have for your kitchen renovation, it’s always worth speaking to the professionals before you start shopping – but where do you find them?
Chat Home Renovation Ideas With The Professionals
While your options for renovating on a budget are almost limitless, selecting the right type of flooring for your home renovation certainly isn’t an easy feat. With each space, comes a different preference or priority: are you chasing style, functionality, or simply want the most bang for your buck?
In operation for over 25 years, at Tile Wizards we pride ourselves on getting you more, for less. We pioneered the warehouse format, and our stores are purposefully designed to make your selection easier, and ultimately offer our customers quality, price and the right advice.
Even if you are just after some honest and friendly advice – please don’t hesitate to get in touch with us at Tile Wizards today for a free quote. We pride ourselves on being able to work with you in order to bring your dream flooring solution to life.