How much should I spend for remodeling my kitchen? This is a question that kitchen renovation and remodeling contractors face on a regular basis. Well, there is no one line answer for it as the amount you should be spending on a kitchen remodeling project need to be based upon two major factors – your affordability and the value of your property.
If you are planning to get your old kitchen renovated to a modern modular kitchen you should plan with caution and decide upon which upgrades will be more effective and also add value to your property.
Value of your property: When it comes to the ideal budget for a Kitchen Renovation Sydney job, as a rule of thumb the ideal budget for it should not exceed more than 10% of your property value. Spending within this limit will not only allow a property owner to make all intended changes and necessary upgrades but will also ensure an impressive return to his investment by adding to the property value. That is why valuation of the entire property is a good idea before taking upon a kitchen renovation project and if your property has a valuation of $300,000 then spending on your kitchen remodeling should not exceed $30,000.
Where to spend
Once you know how much you should be spending on remodeling a Modern Kitchens Sydney it is time to ponder upon and determine the areas where you should be spending your money for the best effect and also return. You should be spending on installing the right features for your kitchen so that not only appearance of the place is improved but its functionality is also boosted and if your goal is to resale your property these changes will certainly be adding to its value.
- Appliances: Investing in the right appliances can make your kitchen more functional, energy efficient and can also add to its value. That is why choosing the right appliances like refrigerator, dishwashers etc. those are equipped with the latest technologies and are also more energy efficient is really important.
- Countertops: Counter tops are the focal point of any kitchen and investing in a good countertop can give good value to your money. Countertops should be a perfect balance between form and functionality and the right countertop with attractive appearance and excellent usability can add good value to your home.
- Cabinets: Cabinets are always the most expensive investment in a kitchen remodeling job and you should be really careful that you do invest in the right products. A wide variety of cabinets made of various materials are available in all possible styles and sizes and you should be taking your time and also take recommendation from your professional kitchen remodeling contractor to decide upon which one of the cabinets will be the best for your kitchen – in terms of aesthetic, functionality and also their ability of adding value to your kitchen.
Deciding upon the right budget for a kitchen remodeling kitchen is not always easy as other factors like size and type of the kitchen is also required to be considered and you should better be guided by professional remodeling contractors.