Cost of Renovating Bathroom and Kitchen

If y'all follow this blog, and so y'all volition know that the kitchen is the most renovated room of a home. But did y'all know that it is also the near expensive room to renovate?

Given that I am renovating my kitchen in 2020, I thought I should have my own communication and focus on planning and budgeting. And so, before I apply our 3D kitchen planner to pattern my dream kitchen, I looked into what a kitchen in 2020 information technology is likely to cost me (versus what I assume it volition cost, or how much I tin afford to spend). And, what I plant out was quite surprising.

The boilerplate price of a kitchen renovation in 2020

Based on the results of Houzz's Overview of Home Renovation in 2018 and 2019, the median kitchen renovation cost increased by 16% from 2017 to 2018. In 2017, the median kitchen renovation spend was $17,250, while in 2018, homeowners splurged $20,000 on average on their kitchen renovation.

Does this mean that we should expect some other rise of around 16% in 2020? If so, that would take the median kitchen renovation cost in 2020 to around $23,000.

How to make up one's mind your kitchen renovation budget?

There estimate above really isn't accurate enough to set up in stone as to how much a kitchen renovation will cost in 2020 as it is only the median cost. Important elements to accept into account include the size of the kitchen and the quality of finishes.

Equally a rule of thumb, a kitchen renovation budget should exist around 3-8% of a abode'due south value. Therefore, if your home is worth $500,000, you can safely spend between $fifteen,000 and $xl,000 without overcapitalising. The cost of a bath renovation can also be estimated at $ two,900 per square metre.

Breaking down kitchen renovation costs for 2020

When planning a kitchen renovation upkeep, information technology is all-time to break it downwardly into categories to meliorate asses the costings. The main areas to consider in your budget include the design, materials, and labour.

In the design costs, consider costs for:

• Architect (if you are looking to make a dramatic layout change)
• Kitchen Designer
• Council permit application

The design costs should account for around 5-10% of your kitchen upkeep depending on whether you require an architect or non.

In the fabric costs, consider costs for:

• Cabinetry
• Benchtop
• Splashback / Tiles
• Flooring
• Tapware
• Appliances
• Windows and Doors
• Walls and Ceilings

The textile costs should account for effectually 65-lxx% of your kitchen budget.

It'south of import to know that the materials are the just aspect of a kitchen renovation where yous can save some serious coin. Kitchen cabinets volition be the most expensive items, generally consuming around 30% of a full kitchen renovation budget, respectively. Still, y'all can significantly reduce this past choosing Ross's Discount Home Centre's pre-assembled kitchen cabinets, which you tin view on our website.

In the labour costs, consider costs for:

• Demolition and removal of existing kitchen
• Skip bin hire
• Plumbing work
• Electric work

The labour costs should account for around 20% of your kitchen upkeep.

Decision

It seems that the cost of a kitchen renovation isn't getting any cheaper. Information technology is only getting more than and more expensive, and the increment isn't small. From 2018 and 2019, kitchen renovations cost 16% more than they did the previous 12 months. So, information technology's fair to say you can expect the same increase for 2020. This will accept the average kitchen renovation price to around $23,000. However, the size of a kitchen and the quality of finishes volition significantly change this price.

To go along your kitchen renovation costs down to a minimum, shop around for your materials. Commencement by looking at Disbelieve Habitation Centre'south pre-assembled kitchen cabinets, along with our benchtops, tiles, tapware, doors and windows and appliances.

We take everything you need to complete a kitchen renovation in Perth without it costing a fortune.

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