How much should you spend on redesigning your kitchen?

The past few years have seen the kitchen grow in importance, in comparison with the rest of the house. Today, people eat, gather, and even have parties in the kitchen. Larger kitchens have replaced the small, basic ones with conveniences such as larger sinks, islands, fancy lighting, beautiful refrigerators, cookers, and so on. Most homes have picked up on the cozy, social kitchen trend. But how much should you spend on redesigning your kitchen?

Creating A Budget

After conducting thorough research on the re-designing options for your kitchen, it is time to consider your budget. The following tips will help you estimate more accurately.
When planning, decide what exactly needs to be done. Your decision will place your project in one of two remodeling categories:

Minor Remodels

Minor remodels average at around $17,000 to $25,000. These are usually done when a  kitchen has a good layout, or its plumbing and electrical systems meet the current building standards. However, the finish may be outdated and needs revamping. The design, in this case, will remain identical to the original, and it will mean you change the cabinets, flooring, ceiling colour and worktops.

Major remodels

Major remodels are far more costly. Mid-range projects in this category average at around $50,900 to $59,700 while high-end projects average at around $103,500 to $115,500. Due to poor planning during construction, some kitchens require significant updates or repairs, and expansion in size, hence the sharp difference in cost between the minor and major remodels.

After determining what your kitchen needs, coming up with a budget that will cover your expenses becomes less daunting.

Break down the Costs

Come up with an easily comprehensible way of breaking your budget. On average, you can break down your budget – as a percentage of the total amount – as follows:

• Cabinets: 35 percent,
• Appliances: 20 percent,
• Labour: 20 percent,
• Windows: 10 percent,
• Fixtures: 5 percent,
• Fittings: 3 percent,

Prepare for the Unexpected

Something unexpected always happens during construction – especially in older residences. For example, on ripping out your walls, you may realize that the electrical wiring is outdated, or that your floor has rotted after pulling out your dishwasher. Leaving about 20% of your budget to cover the unexpected is practical.

List what You Consider most Important

List what you feel needs revamping the most. If you feel that new appliances will give your kitchen the most pleasing restoration, ensure that they are at the top of your list. This way, even if the cost supersedes your budget, you will have taken care of what is most important to you.

Acquaint Yourself with the Charges Design Professionals Demand

Design professionals can take your project from conceptualization to selecting the finish materials for your construction.

• Architects charge, on average, $150 per hour and above, or a flat fee of about $500 to $5,000,
• Interior designers charge an average of $100 to $150 per hour or a flat fee of $500 to $10,000, and
• Kitchen designers charge $50 per hour.

Of course you should shop around for this. Some kitchen builders in Melbourne offer free design consultations along with their services.

You should also acquaint yourself with the charges that your local buildings permit office requires for such a demolition. Some areas determine their fees basing on the planned work while others require you to pay a percentage of the total project.

Your kitchen reflects your lifestyle, and spending money on it gives you the chance to get a kitchen you’ll love to be in, whether to cook, socialize or relax. Since a cozy, social kitchen is the new trend, revamping your kitchen should be among your top priorities if you've the budget to spare.