A kitchen renovation is a major investment in your home. Depending on the size of your kitchen, the number of cupboards, your choice of building materials and your choice of kitchen appliances, kitchen renovations that had gone out of hand could put a pretty big dent in your renovation budget. Nowadays, most people are interested in cutting the cost of kitchen renovations.
As a major investment, it is important that you don't take measures that would cause a poor quality kitchen renovation that effects both the value of your home and the living standards of your family.
This guide we explore different ways to reduce the cost of a kitchen renovation without necessarily reducing the quality of the end result.
Saving on labour costs
The cost of labour can be a big part of the cost of a kitchen renovation. By supplying your own labour, or properly preparing your kitchen for the professional tradespeople you hire, you may be able to cut the cost of the kitchen renovation by undertaking the demolition and removal of the old kitchen yourself. Already remove the old kitchen tiles and kitchen flooring if appropriate.
Supply labour to professional tradespeople such as cabinet makers, plumbers and electricians during their works.
When you hire professional tradespeople to undertake tasks that you cannot do yourself (such as plumbers and electricians), you can minimise the costs involved by maintaining the current kitchen floor plan. That way you do not incur additional costs for moving plumbing and electrical wiring. It is very important to have clear specifications for exactly what you require of each tradesperson, that way they only undertake the exact work that is required.
Saving money on kitchen materials and products
Saving costs of kitchen materials and products also helps keep the cost of a kitchen renovation down. The elements of your kitchen are the kitchen benches and kitchen cupboards, kitchen appliances such as ovens, cook tops, rangehoods, dishwashers and fridges, kitchen fittings such as taps and sinks, and the finishing materials. Recycle, keep existing kitchen appliances and kitchen fittings that you're happy with. Buy in bulk, often you can negotiate a better deal if you buy an oven, cook top, rangehood, dishwasher and fridge together, rather than buying them separately. Really consider how many cupboards you require. Each additional cupboard comes at an additional cost. Consider alternative ways to modernise your old cupboards. Options include creating an open design by removing the cupboard doors and painting the cupboards, or resurfacing the old cupboard doors.
Source your own fittings. Often builders or contractors are not in line to cut costs. Not that they don't care, but remember that their job and expertise lies on the application and installation of these fittings. A plumber will know that stainless steel taps are stronger, but wouldn't know that they are pricier and may not be mandatory in a residential setting depending on your lifestyle. Search for untapped sources like the online world. Most PC(Prime Cost) fittings cost thrice smaller online than in retail stores. Shops like renovatorstore.com.au have a handful of high quality designer items at outrageously lower costs. Avoid non-essential options such as waste disposal units. Dispose of all rubbish yourself.
Bonus Tip: The cost of your kitchen renovation should never exceed 7% of your home's value.
Knowing exactly what you want and then sticking to it will save you a lot of time and money.
Renovating can be one of the most stressful things you ever do, Avoid any expensive mistakes with careful planning. The first step is to research the various options and decide on a budget.
Try to make the most of every centimetre. Like wasted alcove spaces under the stairs could be a great place for a fridge – close enough to be convenient but not centre stage. Other electrical appliances, such as the microwave, juicer and toaster may be also stored in cupboards.