Home renovation projects are popular among Canadians as a means of updating their home and one of the most popular is the kitchen renovation. The kitchen is often described as the heart of the home and updating it for greater functionality, energy efficiency, or even simply for aesthetic purposes, can have several benefits. But what does a kitchen renovation cost?
What Are Your Remodeling Plans?
Renovating the kitchen of your North Vancouver home comes with many advantages. It provides an opportunity to give yourself more space, make the area more comfortable and usable, change your appliances, and even just update visually. It also adds considerable value to your home if you anticipate reselling it.
The more ambitious your renovation plans, however, the more you can expect to pay. If your budget is tight, you need to consider what you need to change, what you want to change, and what you can do without.
A primary concern for any remodel is the overall kitchen renovation cost. This can vary considerably based on the size and extent of the renovation and what you hope to accomplish. This article will discuss some of what to expect from different types of remodels, along with some budgeting strategies.
How Much Should You Budget?
Several factors will affect the total cost of your remodel, such as the size of your kitchen, what you want to change, the materials used, and more. Often, a remodel will include new cabinetry and counters, as well as new flooring. Many choose to add new appliances as well during their remodel.
A standard-size kitchen will usually be between 150 and 175 square feet, though some may be 200 or more. The scope of the renovation could run anywhere from about $85 per square foot for a small kitchen with modest upgrades, to $200 per square foot or more. The average across Canada, according to many experts, is approximately $31,000, or about $195 per square foot.
Types of Kitchen Remodels
Some remodels are quite simple, effectively freshening up the kitchen’s appearance, while others are more involved. We will consider three levels of remodelling, with low-, mid-, and high-range remodels in Vancouver homes.
Low-range kitchen remodels tend to be focused on budget-friendly and cosmetic updates. They often feature surface-level changes such as repainting the cabinets, replacing outdated fixtures, and perhaps updating appliances. Common choices include laminate countertops and inexpensive flooring options. The goal is usually to refresh the look of the kitchen without resorting to some of the more expensive changes included in other remodels. This type of remodel will often cost between $21,000 and $25,000.
Mid-range remodels strike a balance between the expense of more significant updates and the budget-conscious approach of low-end remodels. Possible choices include semi-custom cabinetry, new flooring, and durable, stylish quartz or granite countertops. Another popular objective in mid-range remodels involves switching to energy-efficient appliances or improving kitchen storage.
This level of remodelling is more significant than a lower-end one and typically enhances both the aesthetics and functionality of the kitchen. Mid-range remodels may start at about $25,000 and go as high as $65,000.
Those opting for high-end remodels tend to choose top-of-the-line materials and significant changes. They often feature premium appliances, including smart appliances and depending on the size of the budget, may include hardwood floors, custom cabinetry, and a complete reworking of the kitchen floor plan for greater functionality or space. A high-end remodel may start as low as $50,000 and can easily reach $150,000 or more.
Understanding Kitchen Renovation Costs
Several factors go into determining the final cost of your remodel, including:
Materials and Finishes
The quality of materials and finishes used in your remodel has a considerable impact on the overall cost. High-end materials such as natural stone countertops or hardwood flooring have a much higher price tag than budget-friendly options, though you can expect greater durability and longevity.
When choosing materials for your renovation, you must consider your priorities and find a balance between aesthetics and cost.
Labour costs vary according to the size of the project and the type of work you are doing. Costs may include contractors, electricians, plumbers, and other professionals. It is worth obtaining multiple quotes from reputable contractors to make informed decisions that could save you money on labour. Recently, getting qualified tradespeople in Vancouver, particularly in West or North Vancouver, has been a challenge for some companies that are not based here.
The price of appliances will vary based on brand name and features, but you may be able to save by purchasing them as a package deal. High-end, energy-efficient appliances will add considerably to your budget, but mid-range appliances with fewer features can help you save without significantly compromising functionality. If you are flexible or your timing is right, getting a good deal on appliances – whether on clearout or a “Black Friday Sale” on the appliances that work for your new kitchen can be a good way to reduce the budget significantly.
Permits and Design Fees
Generally speaking, you will need a permit only when modifying the layout of your home, as when removing walls, making this more of a concern for high-end remodels. It is still a good idea, however, to inquire with your municipality before starting work on your home.
Kitchen Renovation Budgeting Strategies
To help you with budgeting and determining the overall kitchen renovation cost, here are a few things to consider:
Prioritize Your Needs
What are your priorities for your renovation? If you are primarily concerned with functionality, or new appliances, that is where you should allocate the majority of your budget. This will help you to get the greatest possible value for the money spent.
Set a Realistic Budget
Review your financial situation and set a realistic budget based on your spending capacity and the level of remodelling you wish to undertake. Keep in mind that you should factor in an emergency fund of roughly 10-20% of the overall cost to cope with any unexpected expenses that might arise.
Having a clear budget from the beginning—and committing to sticking within it—will help you avoid overspending.
Obtain Multiple Quotes
Multiple quotes from several reputable contractors and suppliers will help you find top value for your money but remember that the lowest price is not automatically the best choice. Be sure to carefully review the reviews and reputation of the professionals you are considering.
Consider Phased Renovations
A limited budget doesn’t necessarily limit you to only the cheapest options. Consider undertaking the remodel in stages, starting with the most urgently needed changes, and continuing with other aspects as you are able. This way, you can keep an eye on your kitchen renovation cost and spend as you have the money available.
Kitchen Renovation Cost in your Vancouver Home
Remodelling your kitchen provides you with many benefits, from enhanced functionality and energy conservation to increased home value, or even simple personalization and aesthetics. Even with a modest budget, you can make changes that give your kitchen new life.
Shakespeare Homes is an award-winning custom home & renovation company. We have decades of experience with kitchen renovations of experience If you are in North or West Vancouver and are planning a Kitchen Renovation, we would be happy to talk to you about what you envision, offer any advice we can based on our experience, and provide you with a competitive quote for your home or kitchen renovation.