Ideas to Optimize your Budget for the Renovations
- Are you planning a kitchen and bathroom renovation?
- Are you worried about the costs and benefits?
Let us look in to all the important aspects of the kitchen and bathroom renovation costs and explain how you may plan your budget renovation and calculate the costs of your planned renovation.
How to Calculate Kitchen and Bathroom Renovation Costs?
Calculating the cost of renovation is a grave matter. It highly depends upon the extent of renovation you are planning to have, prices of materials you will use, and builders you will be hiring. Before you plan a renovation, first let us take the costing of your plan step-by-step.
Step 1: Start by figuring out the acute problems
The first step is to look for budget-friendly ideas for bathrooms and kitchen renovations. Start by looking for the following problem areas in both the places.
- Plumbing issues
- Storage problems
- Broken fixtures
- Broken/Cracked tiles
- Swollen/Broken/Spoiled flooring
- Cabinets and woodwork has any deformity, rust, broken handles, knobs, etc.
Step 2: Chalk out a renovation plan
Write down the problem areas in your kitchen and bathrooms that need renovations at all costs. Functionality of these two rooms in the house can never be compromised upon. Therefore, it is of utmost importance to renovate the services if required. After pointing out the problem areas, note down the aesthetic or visual changes you wish to have in your kitchen. You can design the renovation plan yourself or for a more professional and technically apt renovation you may need a designer. In that case, account for the:
- Designer’s cost
Step 3: Research about materials and styles
There is a huge variety of materials that can be used for renovations. You may use granite or marble, tiles or wooden flooring, big tiles or the small ones, depending upon your choice and budget. Research about what is in vogue and which materials are easily available. It is best to visit the market in person to know what is there. Also, visit different home décor websites like Pinterest to have an idea about the renovations and what look would suit your house best. Note down the following:
- Costs of materials available
- Cost of structural changes (if required)
Step 4: Costing of materials
From moderate to luxurious, everything from tiles to counter tops is available in a range of prices. Knowing the price of different materials is essential to plan a renovation. If you have a low or moderate budget, you need to calculate every penny to make the most out of your money. Research about the prices of materials beforehand. Ask the builders, discuss with others you know who recently had a renovation or simple visit the market and inquire about the prices and qualities of products available. It is better to note down the prices to estimate your budget. A costing analysis spread sheet should include the following three things.
- Materials including bathroom fittings & fixtures, tiles and kitchen appliances costs
- Project management, direct labour and installation costs
- Lawyers, consultants, designers and engineers fees
Step 5: Plan the logistics
Once you plan the renovation design and materials, calculate the shipment costs of the materials. You will need the services of labour, movers, project managers, and consultants. Look out for the ‘all in one’ solution to save yourself time and effort. The best idea is to hire a professional service like Ranieri Building Group who may take away all the burdens. You may explain your idea to them and sit back while they perform their job. If you wish to be your own contractor, you need to find out the best means to procurement, and manage your renovation project. Enquire about the costs of shipment, labour, tools/hardware, consultants and other such expenditures you would require.
- Shipment/delivery costs
- Tools/ utilities’ costs
- Associated costs
Step 6: Choose a builder and a building plan smartly
A building group usually offers various plans and packages. If you wish to perform a set of duties in the renovation project by yourself, choose a plan that may suit you best. You can hire the labour and project manager only while keeping the design job and procurement of the materials to yourself. Or you may hire a designer, labour, and project manager and only buy the materials yourself. Also, you may hire the complete services of a building group and just discuss your idea of renovation with them. Ranieri Building Group consultants discuss every detail with you before you hire them. We also give our clients multiple options for materials, designs, and layouts to choose from. The renovation is completed as per the schedule and you do not have to worry about the logistics or challenges that may arise during a project.
Step 7: Ask for the timeline and plan your other activities in the house
If you are hiring a building team for your renovations, make sure to discuss the timeline and manage your household chores and activities accordingly. Renovations or building work includes noise and a degree of mess in the house. The bathroom or kitchen services may remain out of service for a few days. It is better to move out during this period. If you plan to stay through it, and have younger children or pets, keep them away off the working area and also arrange a backup space for the kitchen services and a spare bathroom while the renovation is underway. Although Ranieri Building Group works efficiently but the inevitable mess cannot be avoided but cleaned up as soon as the work ends.
Step 8: Look for legal aspects of renovations
Renovations can be minor or cosmetic, and they can be major or structural. In major or structural renovations, certain laws and regulations may apply to your house. Especially if you are living in an apartment that is strata set up, you may need to look into the strata by-laws that apply to you. Make sure to take care of all the legal aspects before you start a renovation. If you are in strata set up, ask the owner’s corporation about your kitchen or bathroom renovations. If you need to have any approvals or permits, calculate the associated costs like charges/fees. These include:
- Lawyer’s fees
- Permit’s charges (if any)
Step 9: Use a planning tool for budget renovation
There are plenty of creative ideas that we would like to have in our kitchen or bathrooms. However, not every idea may suit our budget. In order to create a budget friendly plan regarding renovations, it is best to chart an important-unimportant spreadsheet of the renovation ideas you like. This way you have an idea about which renovations are compulsory and which can be easily avoided. An example of a planner is as under:
Step 10: Get a quote and compare
If you are planning on hiring a building group, it’s time to get one out to quote. Keep in mind when comparing quotes to others if one is much cheaper than another it’s usually because you’re not comparing apples with apples. Be sure to look further into the finer details of materials and hardware being used to ensure you not only get a great quality product but a long-lasting renovation. This way you can find the best builder giving you best value for your money.
Which Renovations Cost Higher?
Have you ever heard of the term budget-blowouts? This happens when you move to renovations without a stated plan and haven’t accounted for the costs of all the aspects of renovations. Therefore, a proper planning is essential for budget renovations.
It is thus important to know about the renovations, which may cost higher than others. If you have a flexible budget, you may include these renovations to your plan but if you have a shoestring budget, it is best to know beforehand which renovations would cost you higher so you may avoid them. Renovations that cost higher are as under:
Structural Renovations: Changes made to the walls, ceiling or floors are included in the structural renovations. These require proper building material, building engineers, and labour. Structural work most often requires a permit or approval by an authority. Therefore, this is a costly renovation.
Moving the Services: Moving the plumbing or electrical fittings from one place to another in the kitchen or bathrooms is also an expensive job. It requires engineers, labourers, building material and extra days to complete this kind of renovation. If you are tight on the budget, consider keeping the dishwashers, washbasins, electric stoves, exhaust fan, wall-mounted ovens or microwave ovens, washing machines, bathroom sinks, commodes, showers, switches and lights in places where they already are. Renovating them takes a higher toll on your budget as well as labour.
Choice of Materials: Renovation budget is directly proportional to the cost of materials. If you choose expensive materials, the budget is bound to swell. Compromising quality is never an objective. However, saving the extra amount of money spent on luxurious products should be the goal of a budget renovation. There are plenty of products available in the market. Choose the tiles, appliances, fixtures, and fittings which offer good quality and endurance in affordable prices.
Expensive Finishes: A pull-out pantry, special doors, expensive range of stones, bench tops, and paints all add up to the costly renovations. Avoiding such finishes saves you a handsome amount of money while compromising the aesthetics of your kitchen much lesser.
Indecisive Attitude: Starting a renovation and changing your mind in the middle often costs much more than planning ahead and following it as it is. A change of mind may cost you extra labour and material costs. Also, it may also end up into a budget blowout. Deciding once and then proceed saves you time, effort and money.
Budget-friendly Renovation Ideas
Renovation ideas are numerous. Some of them catch our eye and heart in no time but most of us need to look for budget-friendly ideas that are workable, and yet visually powerful. Here are a few useful tips to help you plan a renovation of your kitchen and bathrooms under a fixed budget.
Keeping services in the same place: Keeping your electrical and plumbing in its original place saves you a heap. It saves you the labour and material costs and extra time spent on the installation of new services.
Cut down on renovations with lesser utility: Avoid the renovations that may not add any value to your bathrooms or kitchen to cut down on your budget. For example, changing handles or knobs of the cabinets, stove and dishwashers, which are still in order, etc.
Mix and match the expensive and non-expensive materials: If you plan to buy expensive fittings or finishes for the kitchen or bathroom renovation, you may cut down on things which have least utility or visual impact. For example, a well-lit kitchen looks beautiful, but you can cut down on expensive lights and stylish lamps. Similarly, good quality countertops, tiles, and splash back serve the same purpose as the high-end ones.
Reface or refinish rather than replacing: If your appliances or cabinets are in a good condition, you may consider refurbishing those rather than a complete replacement. This saves you a heap. You may consider replacing the appliances later when you are easy on your budget and refinish the ones in use already to save money.
Buy in bulk to get discounts: Shopkeepers often offer a discount if you are buying in bulk. Try to avail this opportunity.
Shop at auctions or bargain websites: Shopping at auctions or websites which offer used/second hand stuff can also save you a big deal of money.
Ask the experts: For a more detailed and cost-effective kitchen and bathroom renovation ideas, please talk to the renovation experts like us. Experts at Ranieri Building Group can help you decide and plan a budget renovation that is equally pleasing and purposeful.
We upgrade your spaces tremendously, while taking care of your budget.
Kitchen Renovation Costs in Sydney
A real-time costing analysis can only be performed if you ask for an on-site consultation. This is because every house has different needs and different architecture. However, to give you a general idea about the costs and price of kitchen and bathroom renovation, we list here the price ranges of few renovations we think would be helpful for you.
The size of kitchen matters the most while planning a kitchen renovation. Also, what style or design you choose also affects the price of renovation. According to the Houseace's quoting data, the following price ranges are the typical costs of kitchen renovations.
Costing by Size and Style of Kitchen
Here we breakdown the kitchen renovation costs according to the range you have.
Basic Kitchen
- normally around 10-15 cabinets -$10000 - $15000
-33mm Laminate bench tops
- Solid colour pre-finished board doors and panels
- Minimal drawers x4 normally Blum Antaro style
- No integrated appliances
- Blum hardware
- Blum Clip on soft close
- X1 Cutlery tray
- Finished height @ 2100 FFL
- Appliances: Choose the entry level brands for economy. An overview of the prices is as below:
Medium Kitchen
- normally around 10-15 cabinets - $15000 - $30000
- 20-40mm standard or deluxe range Caesars Stone bench tops- equivalent to 2 slabs
- Timber looks pre-finished board doors and panels / polyurethane
- drawers x8-12 Blum Antaro style with box side
- integrated appliances -non inclusive of fridge
- Blum hardware
- Blum Clip on soft close
- X1 Cutlery tray
- Finished height @ 2380 FFL
- Possible routered door design
- Possible Finger pull and shadow line design
- Appliances: Mid-range appliances are priced as follows:
High-end Kitchen
- normally around 15-25 cabinets - $35000 - $50000 plus
- 20-100mm Premium to supernatural Ultra range- Caesars Stone bench tops- equivalent to 2 slabs
- Timber veneer doors and panels / polyurethane
- As many drawers as possible within the design
- Normally inclusive of bottle racks and custom pantry designs
- integrated appliances including fridges
- Blum hardware- Legra Box drawers in any colour available
- Blum Blumotion integrated soft close hinges
- X3 Cutlery tray
- Finished height @ 2380 FFL-3000FFL
- Appliances: Premium appliances are priced as follows:
Bathroom Renovations Cost Guide in Sydney, Australia
One of the most important renovations in a house is the bathroom renovations. There is little or no difference between the price range of bathroom and kitchen renovations. Both have their own set of challenges and needs. However, there is always a choice between choosing the high-end materials and medium range materials, etc. that affect the overall cost of renovations.
- Price range: A$15,000 – A$25,000
- Materials: Choose the entry level brands for economy. Porcelain or ceramic tiles easily fit in your budget at $25 to $30 / m2. Large format tiles cost less than the mosaic or subway tiles.
- Vanity: A floor-mounted vanity costs around $300 to $400. Upgrade shower heads and mixers etc.
- Toilet and bathtub: The toilet seat within this range is priced at $250 and a free standing bathtub at $650.
- Shower screen: A framed shower screen that costs $400 is best for budget renovations. A semi framed costs $800.
Standard or Medium Range Bathroom Renovations
- Price range: A$30,000 – A$40,000
- Materials: Large format porcelain or ceramic tiles easily fit in a medium range budget. They cost around $30 to $50 /m2.
- Vanity: A floor-mounted vanity costs around $300 to $400. You may also upgrade the shower heads and mixers to a mid-range good quality fixtures.
- Toilet and bathtub: The back to wall toilet seat within the mid-range budget is priced at $400 and a free standing bathtub at $800.
- Shower screen: A semi framed costs $800 and can easily fit in this budget.
High-end or Premium Range Bathroom Renovations
- Price range: A$50,000 or above
- Materials: Mosaic or subway tiles costs much more than regular tiles. With a flexible budget, you can choose $60/m2 or more high-end tiles for the bathroom.
- Vanity: New bathroom countertop costse. a wall mounted, high spec vanity) costs around $500. You can also look to upgrade/ change the shower heads, mixers, etc.
- Toilet and bathtub: An in-wall toilet seat costs around $600 and a luxurious free standing bathtub is $1000 or more.
- Shower screen: A frameless shower screen costs $1000 or above. It gives a seamless finish. With a bigger budget, you can choose the best shower screens to give your bathroom a luxurious feel.
Did You Calculate the Time Costs?
Time is money! Account for it too!
The time spent in the project incurs a cost too. It consists of the other activities you let go of during the time a renovation is underway. Kitchen and bathroom renovations may take 3 to 4 weeks. We recommend that you move out during this period to avoid the hassle. Also, plan your other household activities accordingly.