If you’re struggling to cook up a storm in your tired kitchen, or the idea of hosting a dinner party has you cringing, it might be time to consider a kitchen renovation.
Daydreaming about a glorious new modern kitchen is one thing, but it’s important to have a clear understanding of the costs involved before you start planning and designing.
Why renovate your kitchen?
As the saying goes: the kitchen is the heart of the home – so renovating this space could easily have an impact on the look and feel of your entire home. And let’s face it, doing up a room where you spend so much of your time is fun!
Trends are constantly changing so it might be time to revamp an outdated colour palette or improve the functionality of your space. From replacing your old electric stove, to finally getting rid of the decades-old bench top to make way for stone or marble. Whatever aspects of the room are in need of a change, a renovation could be just what you need.
There is also the added benefit of increasing the value of your home. Kitchens sell houses so an upgrade to this space is likely to have a significant impact on the salability of your home.
Things to consider
Before commencing with the planning and designing of your kitchen renovation, there are a number of things you will need to consider.
Cosmetic renovation vs. remodel
The first thing to think about is whether you want to undergo a full kitchen renovation or if sprucing up a few key features will suffice. In some circumstances re-tiling a splashback and adding a lick of paint is enough to revamp the space. However, in some cases more significant changes will be needed to really have an impact.
How will you finance the renovation?
There are a number of options to fund the renovation of your kitchen. The most common choices are using existing savings or equity, refinancing your home loan, or taking out a new loan. A professional financial advisor or broker will be able to guide you on which option is best for you depending on your personal circumstances and the extent of the renovation you are undertaking. Be sure to investigate and consider each option carefully and read all the fine print.
Will you have to live without your kitchen – and for how long?
Depending on the size of your family and how often you cook, living without your kitchen could be a significant hindrance to your daily life. For small renovations you could be looking at 1-2 weeks without this space, for more significant remodels it could be closer to a month or two. There are a number of ways to combat this, such as finding a temporary home for appliances like your fridge and microwave or using this as an excuse to eat out or order in more often!
So how much does a kitchen renovation cost in Melbourne?
When calculating the cost of a kitchen renovation there are many factors to consider, including:
Preliminary costs such as designer, draftsman and consultant fees
Cabinetry and stone options
Floor tiling or polishing
The cost of a small kitchen can range from around $15,000 all the way up to $150,000 for a detailed, high spec, large kitchen.
Could there be extra costs?
The figures above account for standard fittings such as benchtops and cabinetry.
Items that could potentially add to your total spend are:
- Whitegoods and furniture – fridge, microwave, stools
- Engineering and permit fees if there are drastic changes to layout
- Luxury fittings – marble benchtops, LED lighting, glamorous cabinetry
- Demolition, plumbing, electrical
The difference between standard and luxury fittings can be tens of thousands of dollars so if you’re working to a budget, we’d recommend choosing all your materials before going ahead to make sure you’re going to fall in love with the final product.
Check out some of Cameron Construction’s Melbourne kitchen renovations and chat to our team of experts about getting started on your dream kitchen today.