The True Cost of Kitchen Renovations
The average kitchen in a new home today is 306 square feet up from kitchen size of years past. If you’re in an older home, you might be looking around your kitchen and thinking, “I need more space!” Is it time for a kitchen renovation? Do you want to enlarge your kitchen or just do a small kitchen renovation? No matter what the project, you want to know the true kitchen renovation costs involved. How much does it cost? Keep reading to learn what you can expect to spend.
Kitchen Renovation Cost
When thinking about how to renovate a kitchen, do all of your ideas show up with a price tag? Probably not. Let’s look at the costs involved in a kitchen renovation.
Major Renovation Remodel
Does your kitchen need a major gut job? Moving or removing walls, or taking them down to the studs and starting over means replacing everything. New plumbing, electrical, lighting, wall finishes, cabinets and hardware, flooring, countertops, and backsplash…this is considered a major kitchen renovation.
Adding in design fees, your average 15′ x 15′ to 25′ x 25′ kitchen renovation will cost anywhere from $40,000 to $60,000+. Generally, a good rule of thumb is to budget 15-20% of your home’s value.
Create your wishlist before getting estimates to be sure to get everything you want in your new kitchen.
Minor Renovation
Maybe you want a new layout, new cabinets and countertops, updated lighting, new flooring and appliances, but not a “start all over” type of remodeling. This includes putting in semi-custom cabinetry, new flooring, paint, and backsplash. A mid-level remodel such as this would cost between $20,000 and $40,000+. Costs will vary depending on the type of finishes and materials you choose.
Upgrade Your Kitchen
If you’re looking to just upgrade your cabinets, countertop surfaces, add a fresh coat of paint, new flooring and backsplash, your budget does not have to be as high. With no changes to the layout and the cabinets being refaced or replaced with basic semi-custom cabinets, the project is not as extensive nor as costly.
For a kitchen upgrade, expect to spend $15,000 to $20,000+ for an average size kitchen. A kitchen upgrade is a great idea if you are going to be selling soon or within the next couple of years.
Before you start your kitchen project, you need the answer to your big question of how much does a kitchen renovation cost. Having the budget for a job well-done will save you money in the long run.
Do you know who can help you with your kitchen renovation? We at RenosGroup.ca are here for you. We are a family-owned and operated renovation team. We can customize your home to deliver exactly what you envision for your remodeled space. Remember…kitchens sell homes so you want to do it right. Contact us or give us a call at (613)727-9427 to schedule an appointment for a free quote.
