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Kitchen Renovation Costs

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When it comes to expense, few home renovation projects compare to the costs associated with kitchen renovations.  Considering the price tag on big ticket items such as appliances, flooring, and countertops, it should come as no surprise that kitchen renovation costs quickly add up.  Still, there are a wide range of budgets for kitchen renovations depending on the scope of the project, the quality of the materials, and the amount of do-it-yourself labour you can manage.  As such, it is very difficult to pinpoint kitchen renovation costs for every project, there are some tips you can follow to keep your kitchen renovation costs manageable regardless of your budget.

One of the most common mistakes homeowners make when they begin a kitchen renovation is underestimating their budget.  Ideally, you should work with professional designers and contractors who can explicate kitchen renovation costs clearly so that you know your budget from the beginning.  But, even if you want to manage the project independently, careful planning can help you ensure you have enough money to complete your kitchen renovation satisfactorily.

If you’re still curious about a ballpark figure for a kitchen renovation, most experts agree the average renovation runs approximately $25,000.  However, that figure will depend on many factors including what you plan to keep and what you plan to replace, whether you want to totally gut your current kitchen, and your personal preferences for materials and cabinets (i.e. are you looking for top quality or mid-range appliances).

Some of the most costly kitchen renovation costs include cabinets and countertops, appliances, and flooring.  Still, these costs can vary widely.  For example, wood flooring for an average kitchen might cost $6000 whereas ceramic flooring for a kitchen the same size would come in closer to $2000. Investing in new cabinets and countertops can cost in excess of $7500 while refinishing cabinets can represent significant savings with a price tag below $4000.  As you can see, the total cost of your kitchen renovation will depend on how you approach the renovation and the materials you choose to use.

Also, whenever budgeting for any major home renovation, you must always factor in unplanned costs.  Experts will add approximately 20% cushion in their budgets on top of project costs for labour and materials to account for the unexpected.  In fact, about the only thing you can truly expect when undergoing a major renovation is the unexpected.  You might discover leaky pipes, outdated wiring, asbestos, or other structural home features that will need to be updated during your renovation.

So, if you are trying to renovate your kitchen on a tight budget, remember that careful planning and choosing more affordable materials can save you significantly.

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