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The kitchen is one of the most crucial rooms in your home. After all, it's the space where you prepare your meals, as well as entertain your friends and family. Because of this, the kitchen is often regarded as the heart of the home. However, the high traffic that characterizes the kitchen increases the kitchen's speed of wear and tear. Therefore, you'll be forced to renovate the kitchen to restore its aesthetic appeal and functionality more often than you would be needed to complete a bathroom remodel, basement renovation, or other room renovations.
If you're thinking about kitchen renovation in 2022, it's best to first understand the costs involved. Doing this is critical because this home renovation isn't cheap. Therefore, you need to estimate how much to spend to avoid exceeding your set budget. Once you've found the right contractor, this article will help show you the ultimate cost breakdown of kitchen renovation in 2022 to help you stay on track.
What's The Average Cost Of A Kitchen Renovation Project?
There's no straightforward answer on how much money you can spend during your kitchen renovation project. This is usually the case because the renovation expenses can vary greatly depending on different factors, such as:
According to experts, you spend approximately 5% to 15% of the home's entire value on the kitchen remodeling project. This way, you'll be certain that the kitchen's subsequent look matches with other rooms in your home. And, to know how much money to spend on kitchen renovation, here are the three remodel types you should know:
For this kitchen remodeling project, you should be ready to spend between CA$15,500 to CA$32,000. It's an ideal choice if you don't want to spend so much money on renovating your kitchen, but, instead, want to prioritize cosmetic appearance and boost functionality. Some of the changes done during a low-scale remodeling include:
For low-scale kitchen remodeling, you should use budget-friendly solutions that deliver the greatest impact to ensure the costs don't exceed your budget.
This remodeling project, on average, ranges between CA$32,000 to CA$97,000, and aims to add versatility and improve your kitchen's ascetic appeal through semi-custom solutions and extra upgrades. Some of the mid-scale kitchen enhancements include:
During mid-scale kitchen remodeling, it's advisable to avoid all plumbing and electrical repairs because these can quickly increase the costs beyond your budget. Instead, adopt a less invasive approach when doing the renovations, and this also helps reduce the total labor cost.
This is a comprehensive kitchen remodeling project, and its costs range between CA$97,000 to CA$160,000. The full-scale remodel is considerably more expensive because it involves changing the kitchen's entire landscape. It also entails the addition of new lavish and high-end materials, such as specialty items, designer brands, and personalized solutions. Some of the changes made during a full-scale kitchen remodeling include:
If you decide to undertake a full-scale kitchen remodel, there's no restriction on the scope of changes to make.
Breakdown Of Kitchen Remodel Costs
Now that you understand the average cost of renovating your kitchen, the next thing for you to do is to get a better understanding of the cost breakdown. It's important to do this; otherwise, you might end up underspending or overspending in a specific category.
Here's a breakdown of the kitchen remodeling costs you need to know:
While this, for many homeowners, comes as a surprise, the cabinetry is what accounts for the biggest portion of the budget set aside toward renovating the kitchen. The cost of installing new cabinets usually depends on several factors, including:
Besides the cost of buying quality cabinetry, you mustn't forget to also incorporate the labor cost of installing cabinets. This is vital because the installation of cabinets is a labor-intensive project. In addition, how much you'll spend on installing new cabinets depends on the materials you choose and your kitchen's size.
Another considerable portion of your kitchen renovation budget will go toward the installation and labor costs. This is expected because the kitchen renovation project is quite labor-intensive. Because some unforeseen expenses might arise, it's best if you set aside an extra 5% to cover any unexpected costs, such as:
How much money you'll spend on labor and installation will depend on the size of your kitchen, the kinds of features being installed, and your location.
This is also a crucial expense that you must factor in for your kitchen remodeling project. It's necessary you do this because putting up new walls or getting rid of existing ones causes extensive damage to some kitchen mechanical components, such as the HVAC, electrical, and plumbing systems.
Examples of mechanical components expenses include:
Changing your countertops in addition to boosting your kitchen's overall look also increases your home's value. This is why these additions are key if you wish to completely alter the design of your kitchen. Some of the common countertop options include quartz, granite, solid surfaces, natural stone, and concrete.
When searching for countertops, there are a couple of factors you need to consider that can affect the total costs, and these are:
If you aren't worried about how much money to spend, granite countertops produced by companies such as affordablegraniteandstone.com and which cost approximately CA$90 per square foot, are an excellent pick. But, when on a budget and only willing to only spend around CA$25 per square foot, go for countertops made out of materials such as tiles.
After redesigning your kitchen, you'll need to get a matching set of appliances. Because of this, you should allocate at least 14% of your kitchen renovation budget toward paying for new appliances. However, this percentage can either be less or more, depending on what you're hoping to achieve. Some of the things that affect how much you'll spend for the kitchen renovation include:
If you opt to buy appliances, such as those with advanced or smart features, be ready to spend a lot more. As a result, the cost of new appliances might rise to about 30% of your kitchen renovation budget. In contrast, the cost of appliances might be a lot less than the 10% mark if you choose to retain your current appliances. But, before deciding to buy numerous appliances, first, check to confirm that your spending doesn't end up exceeding the set budget you have in mind.
But, before you go out to buy appliances for your kitchen, do an extensive search to find out where you can get the best deals possible. You can do this either by looking for a manufacturer's rebates or finding discounts. In addition, confirm the appliances you're buying will seamlessly fit into your kitchen.
You should be ready to spend between CA$1,800 to CA$6,500 on flooring. The considerable variance in the cost of flooring is because the choice of material to install dramatically affects how much you spend per square footage. For instance, hardwood flooring and granite are more expensive flooring options, which are guaranteed to last for a prolonged duration. In contrast, vinyl is an ideal pick if you're on a budget, but isn't the right choice if you’re looking for flooring that'll last for a long time.
Before you choose a specific flooring type, make sure first to know the average installation cost, and here's an overview:
It's important to note that wooden flooring is very sensitive to damage; thereby, it might not be ideal for the kitchen.
The electrical cost when renovating your kitchen ranges between CA$300 to CA$1,000, and this work must always be done by an expert. You must never fail to do this because dealing with electrical components without proper knowledge and experience might be dangerous for your wellbeing.
Some of the electrical works done by a professional include:
These aren't duties you can perform without specialized knowledge, so you shouldn't see spending CA$65 to CA$130 per hour to pay the electrician as an expensive sum.
Kitchen walls will have to be primed and painted using a semi-gloss to ensure it lasts for a prolonged duration. This is crucial because the kitchen is a high-traffic space. Therefore, you need to paint all the necessary spaces in your kitchen—from the walls, to the ceilings, to the cabinets.
Your kitchen's plumbing may need to be replaced, more so if you live in an older home. The plumbing repairs include installing new piping, ranging between CA$550 to CA$2,400 as well as fixing a new sink and faucet, which costs between CA$150 to CA$375.
You shouldn't disregard hiring a professional designer because you need their expertise to add life to your kitchen and ensure the design you’re envisioning is implemented correctly. They help you achieve this by helping you identify the best colors and materials for your kitchen, depending on your kitchen space and unique vision.
The average cost of hiring a professional designer lies between CA$125 to CA$250 each hour. However, you'll pay a lot more if you hire an accredited professional, with their charges usually circling around CA$6,500+.
Professional kitchen designers offer free consultations to give you the chance to gauge their expertise and discuss the predicted cost. They also provide you with discounts for their services, sometimes as high as 20%.
You should be ready for unexpected costs coming up when remodeling your kitchen. This is why you must allocate at least 5% of your budget to cater to such expenses. If you do this, you avoid finding yourself stranded with no cash to finalize your project.
Some of the final touches to know about include;
Takeaway
A kitchen remodeling project is expensive because it entails installing costly materials and products. How much this project will eventually cost widely depends on your preferred style and the kitchen's functionality. But, to give you an overall idea of what to expect during your kitchen remodeling project, this article has outlined a cost breakdown of the kitchen renovation in 2022. Unsure of where to start on your home renovation? Check out this article.