Kitchen Renovation Costs

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Kitchen Renovation Costs

While keeping your kitchen renovation costs fairly low, it is possible to give a moderately-sized kitchen a basic facelift. Substantial structural or cosmetic changes come at a higher price, of course, but can offer you the opportunity to start completely fresh and design the room to suit yourself. As you plan your budget and balance what you want against what you can afford, use our cost comparison table to familiarize yourself with what is possible.

$ Reface existing cabinets, new hardware, paint.

$$ Install new flooring, countertops, tile backsplash and add an island or pantry.

$$$ Choose built-in appliances, add details like a glass range hood and a warming drawer, install new cabinetry and counters, increase the existing space if needed, install new windows or skylights, add task lighting and custom storage.

The cost of remodeling your kitchen is affected by a host of variables such as which components (flooring, cabinets, appliances, lighting) you choose to replace, whether you do any reconstruction, (such as moving walls, adding an island or adding square footage), the grade and cost of your materials and labor and, of course, the size of the kitchen itself.

Can We Afford This?

Only you can judge your own finances and current situation. But as you consider the notion of remodeling your kitchen renovation on an affordability basis, you may want to bear the this in mind: kitchen renovations offer among the highest return on investment of all home improvement projects.

Experts like the Appraisal Institute of Canada estimate the return on your investment for kitchen remodeling projects to be a recovery rate of 75-100 percent in terms of added real estate value. That's a far greater return than you'll get by redecorating a living room, family room or finishing your basement, and here are a few reasons why:

Kitchens (unlike a finished basement or a new rec room) are an absolutely essential piece of everyday living. You'll rarely ever go a day without spending some time in your kitchen.

For many households, the kitchen is not only where meals are prepared and consumed, but a family activity and planning center where people dash in and out, quickly plan and discuss activities, check messages, make phone calls, conduct business, pay bills, have family discussions and so forth. For many people, today's kitchen has become the hub of the home. Your kitchen should be a well-organized and functional room to facilitate everything that takes place there.

Buyers are well aware that kitchen renovation costs can be an extensive proposition. As such, many prospective home buyers would rather pay a higher price up front for a home with a great kitchen, than pay less for a new home but have to deal with prospect of remodeling.

Once you have calculated a budget for your kitchen renovation costs, contact us to discuss your needs and to arrange for a thorough estimate.

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Martin Home Improvements is a renovations contractor registered in Ontario, Canada and serving Gravenhurst, Bracebridge, Huntsville and the Muskoka Lakes
410 Bay Street, Gravenhurst, Ontario, P1P 1G9

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