Kitchen renovation costs can vary significantly depending on numerous factors including size, materials, design and the complexity of the installation itself. Basic remodels can be relatively affordable, while high-end modern kitchen designs that use premium materials and custom cabinetry tend to be more expensive and time-consuming. Additional elements such as layout changes, plumbing, and electrical work can also influence the final price. In this article, Elite Kitchens & Cabinets dives into the question of how much does a new kitchen cost, while having a closer look at the breakdown of these costs and the factors that have the biggest effect on how much you should expect to pay.
Factors Influencing Cost
When it comes to remodelling or renovating your kitchen, there is a vast array of options that you can choose from. From basic remodels to high-end luxury designs, there is a kitchen out there for all types of budgets. Basic remodels tend to use low-quality, simple materials, which allows you to keep costs down. They also tend to employ a simple, easy layout, with no frills or flair that you might find in a modern-style kitchen.
Alternatively, high-end, modern kitchen ideas can be far more expensive and take much longer to install. These designs usually use premium-quality materials, especially for the carpentry side of things. Combine this with top-of-the-range electrical work and plumbing, as well as modern, more complex layouts, and you will be looking at a considerably higher bill when it comes time to pay up.
Our advice is to think hard about your budget and what you really require in your kitchen. If you are someone with a large family, or you love to entertain guests on the weekend, then maybe a high-end kitchen is worth the money. If all you need is a simple kitchen, then go for something more basic and cheaper.
Cost Breakdown
In order to have a better understanding of what renovating your kitchen will cost you, we have prepared a breakdown of some of the major costs. Firstly, to give you an idea of a budget, it is recommended to allocate 3-8% of your property value for kitchen renovation. That means if your house is worth $700,000, you should be prepared to spend anywhere between $21,000 and $56,000. Continue reading below for a breakdown of what this money will cover.
- Design Costs: For architect, kitchen designer and council permit fees, you should allocate 5-10% of your kitchen renovation budget.
- Material Costs: This is where you will spend the bulk of your budget. Depending on the quality of your materials, be prepared to spend 65-70% of your budget.
- Labour Costs: To pay for demolition and removal, skip bin costs, plumbing, electrical and fitting work, you will need to set aside around 20% of your budget.
Custom Design Options
Creating your own custom modern kitchen design can be an exciting venture. At Elite Kitchens & Cabinets, we take pride in offering transparent pricing to fit various budgets, while making sure you still get a functional, sleek kitchen. By bringing your modern kitchen ideas to us and our experienced team, we can create a truly special design that will suit all of your needs and requirements.
To find out more about kitchen renovation costs, contact us online today.
