In order for a kitchen renovation to be successful, there are certain things that require careful planning and consideration. The most important aspect you need to consider is the budget. This dictates your whole renovation and should not be considered lightly or overlooked. If you do not make a thorough budget plan, it will be hard to have any direction or guideline on the things you can afford and where you want your money to go.
A lot of people who do not plan a budget, tend to try and blame the contractors for going over budget. But it’s actually the responsibility of the homeowners to make sure the renovation is within their budget. When contractors have a budget, they will stay within it, otherwise your finances are not their concern. Our team here at TEKA Kitchen has come up with some tips on how you can stay on budget for your next kitchen remodel.
Come up With a Plan
Depending on what kind of kitchen renovation you want to have done, this will help determine your plan. You can get away with little or no planning for straight forward projects like changing your countertops or repainting your cabinets. But for major kitchen remodels that involve an extension or rearranging the entire layout will require a carefully thought-out plan. You can work directly with designers that will be able to draft a practical plan. This will help you save money and time. Even though this will require some upfront money, it will help avoid costly mistakes that are typically made with a poor plan.
One thing to use as a guideline for planning is thinking about how long you are going to be living in the house. For instance, you can use the renovation as an investment if you are going to sell your house in the near future.
Prepare Before Starting
It’s important to figure out changes you want to make or any additions to your kitchen. Try to envision exactly what you want the end result to look like and where everything is going to go. This is important to do before any demolition starts. Before the project begins, you should also buy all the necessary items in order to avoid going over budget, instead of buying as you go. This way, you can see what you are spending in one go and not gradually.
Buying later on in your project also has the potential to have backorders, which is a major problem for the completion timeline and your budget. For instance, if an item you wanted is not in stock when you go to buy it, this might force you to get a different one that could be more money than you initially intended to spend, or the alternative would be to wait until the item you want is available. In either situation, your entire project will be negatively affected. It’s also possible that you could be charged extra money for any additional work or having to extend the completion date.
Get All Details for Your Budget
Thorough planning is the only way to properly budget. You will find that you run into a lot of trouble very quickly when you miss or skip details. It can happen with the smallest details, like miscalculating the cost of nails you need could potentially inflate your budget beyond what you originally thought. The best thing you can do for yourself is to not underestimate your budget and look into every single detail in order to have an accurate budget plan.
Think About Any Additional Costs
This counts for things like if you are going to stay in a hotel or when you need to buy takeout, since your kitchen is out of commission. It’s these kinds of expenses that people forget to account for in their renovation budget.
Prioritize with A List
List the most important elements by priority, no matter if it is traditional cabinetry, custom cabinetry, flooring, or appliances. Making this list will allow you to more accurately predict the cost. It will also allow you to be better prepared if pricing changes occur.
Make sure to consider the functionality of each priority and what they will look like. Picture the end result you want, with all your décor and things like elegant faucets and crown molding. It’s possible to also find cheaper alternatives as well. As you start sourcing your materials, refer to your list.
How We Can Help
Our team here at TEKA Kitchen specializes in kitchen renovations and remodels. We will make sure to stay within your budget and make your kitchen everything you have dreamed of. If you are interested in our Toronto Home Renovation services, give us a call at 905-237-5031 or 416-877-4030! We also offer free estimates, so that you know what to expect for your budget before the work begins.