If you are considering a kitchen renovation on The Gold Coast there are a few things you should consider before committing yourself such as why you want to do the renovation and how much benefit you will get from doing a renovation.
Should you renovate your kitchen, bathroom or living areas too or will you do things in stages?
Are you renovating because you want a nicer place to live in and are planning to stay there for at least 5 to 10 years or are you renovating to sell your house and believe by renovating your home will be easier to sell and at a better price.
To begin with, you should contact Tweed Kitchens to get a quote for your kitchen renovations. The team at Tweed Kitchens will walk you through the whole process and with a collaborative approach will help design your dream kitchen.
It’s also a very good idea to have a full building and pest inspection undertaken so you don’t get a lot of cosmetic work done, then find an underlying structural problem that should have been fixed as part of, or before the renovation began.
Tweed Kitchens do professional Kitchen renovations on The Gold Coast and will give you a quote based on the things you require, using the standard of materials you specify. There is now a huge range of materials, hardware, fixtures and fitting that can be used depending on your budget and preferences.
Using an unreliable company, you’re likely to get saddled with a job completed with low-quality materials to keep the costs down, but in the long run, it’s very likely to cost more for issues because of low quality work. You will avoid these problems when you use a reputable company you can trust like Tweed Kitchens.
The cost of having kitchen renovations done on The Gold Coast depends on the size of your kitchen and the quality of the materials and fitting you desire.
For example, an inexpensive set of kitchen taps might cost $25 in a discount store, while a high-quality designer set may cost $2,500 or more, it’s the same with appliances, you can purchase budget lines or the top of the line models, so you need to work within your budget.
For a small kitchen in a unit or Granny flat, the starting price would be about $10,000 to $18,000
For a 2 to 3 bedroom house, you can expect it to cost from $25,000 to $35,000
For a large house, a premium price range could be from $40,000 to $100,000 Plus
Budget and resale
Most of us need to follow a reasonable budget, so it’s important to decide just how much you want to commit to a renovation project. The industry standards suggest that if you want to make a profit or at least break even when you decide to sell a property you should budget between 3 to 8 per cent of your current home’s value when having a quality full renovation job done on your kitchen.
With house prices around The Gold Coast currently between $500,000 to 1,000,000, the average homeowner can spend around $20,000 to $80,000 before it starts to negatively affect the resale value.
Many people especially with the current pandemic conditions will not be in a position to allow themselves a budget of that size:
There are a few things homeowners can do to renovate on a lower budget
Design and layout processes and costs
If you wish to make major changes or alter the layout of your kitchen, there will be additional costs. You will need to engage a registered architect or engineer to file a permit application to have the work done with your local council to ensure the renovation will be compliant with local building requirements which will cost about 10 to 15% of the value of the job.
About 30% of the budget will be taken by the cost of the cabinets
Cabinets from home centres are from around $80 to $400 each
Custom ordered cabinets from Bunnings or IKEA, cost between $150 – $1,000 each
For fully custom made cabinets you’ll pay from $50 to $2,000 each
The materials and hardware you choose can also make a difference in the cost
The cost of benchtops is around 10% of the budget and can vary greatly depending on type thickness and material
Backsplash and lighting can vary in price depending on your preference and taste
At Tweed Kitchens, we’ll happily quote on all your kitchen needs within your budget to help improve your kitchen with high-quality workmanship and materials to add value to your home and lifestyle