Between 2015 and 2019, it’s been estimated that Australians have spent roughly $30 billion on home renovations. That’s a huge sum of cash and clearly demonstrates just how popular these types of projects are – and for good reason.
They can add value to your home, as well as provide more functional space to be enjoyed.
At SF Kitchen Renovations, we’re often asked how much do kitchen renovations cost and although prices can vary from project to project (depending on what’s needed, materials to be used, specialists required and so on), we do have a ballpark list of figures to give you an idea of your costs.
What Should You Expect to Pay?
It’s widely regarded as fact that of all the rooms in a home, the kitchen can be the most expensive to renovate, but why?
First of all, it’s not uncommon to find the most expensive appliances in this part of your property. From fridges and ovens, right through to tumble dryers, washing machines and other helpful utilities – your kitchen is likely a hub for activity in your house.
Generally speaking, your budget is something for you to decide, but you could expect to pay anywhere between $8,000 for a small renovation project, right up to $50,000 (and sometimes even more).
Renovating a smaller kitchen
If your kitchen is fairly small in size (up to about 4m²), you’re probably looking at spending between $4,000 and $15,000.
Why is this? Well, you’ll typically be fairly limited on what you can have installed, so this could actually save you money. For example, you might decide to have your cabinets refinished, or a new set installed. Alternatively, you might want to have tiles added to act as a splashback, or a new countertop installed.
The fewer activities you opt for, the cheaper the project can be – and likewise, if you want to renovate as much as possible, the cost can go up. To keep things as affordable as they can be, you could opt for laminate or vinyl flooring, or choose a non-hardwood countertop.
Renovating a medium sized kitchen
For kitchens of a moderate size (i.e. those that can fit several, but not all appliances inside), you’re looking at an estimated spend of $15,000 and $40,000, with the average amount spent coming in at about $22-25,000.
At this level, you’ll likely have a fantastic option to choose from as far as materials are concerned. From stone bench tops and work surfaces, right through to tempered glass splashback features, hardwood floors and a selection of finishing features for a classy aesthetic.
Larger kitchens and their costs
Bigger kitchens are often associated with luxury homes, especially in elegant suburbs in and around Melbourne where our team just so happen to cater to.
Premium budgets will often set you back at least $50,000 – but this can be a truly magnificent way to enhance the value of your home and enjoy a stunning variety of high-end materials available in this price range.
Not only can you expect to hire a comfortable variety of experienced specialists; you’ll likely be able to invest in premium quality splashback tiling, natural stone and wood counters and bench tops, the highest quality ovens, luxury features, and much, much more.
These types of projects often require far more substantial planning than those that have been mentioned previously, but that’s not to say that we can’t help no matter what your budget might be.
Breaking Costs Down Further
You could even get a better grasp of your costs by evaluating what different utilities and appliances might cost you, based on whether you opt for basic, regular, or luxury options.
For example, a kitchen sink made from basic materials might set you back just $200, whilst a standard alternative could come in at just under $800. Alternatively, a luxury sink made from the highest quality materials may well cost up to $1,400.
It’s not just sinks that can vary in price either; in fact, the same scale can be applied to ovens, fridges, worktops and more.
Ideally, and when defining your budget, it’s always worth getting in touch with a reputable kitchen renovation specialist like ours right here. By doing so, we’ll be able to give you an idea of costs, as well as help you get the most out of your budget with minimal fuss.
