What Is Most Expensive When Renovating a House?

What Is Most Expensive When Renovating a House? When you’re planning for home renovation, it is necessary to gain an idea regarding the costs. Only once you have an idea of the cost can you plan your finances in a better way. The most important question to ask yourself is, what is most expensive when renovating your home?

Arguably, the kitchen is the most expensive part of renovating your home. It can take you anywhere from 5000 Singapore dollars to 15,000 Singapore dollars to renovate your kitchen. The reason for such a large range is that many variables are involved in renovating your kitchen. We will go into different parts below to help you understand approximately how much each one will cost. Read on!

Why is the kitchen most expensive while renovating a home?

1. Cabinets:

Cabinets can easily take up to 10 to 20% of the kitchen renovation cost. The reason for this variation is that the number of cabinets in the kitchen can vary. Also, it depends on whether you are replacing all the cabinets or only some of them.

2. Countertop:

The countertop is another expensive part of the kitchen to renovate. It can take 10% to 30% of the kitchen renovation budget.

3. Electrical connections:

The kitchen consists of a lot of electrical fixtures and electrical wiring. When renovating your kitchen, you need to upgrade these as well. Upgrading or replacing the wires and the fixtures will cost you 10% of the kitchen renovation budget.

4. Plumbing:

In terms of utilities, plumbing is also required in the kitchen. Of course, you will not be renovating your kitchen every 3 to 4 years. That is why, when renovating your kitchen, you will need to upgrade the plumbing fixtures. That will consume 10% of the overall kitchen renovation budget.

5. Flooring/framing/paint:

Of course, you will be upgrading the flooring, framing, and paint while renovating your kitchen. If you are very specific regarding these aspects, 1/3rd of the kitchen renovation cost can also be devoted to these. It will occupy another 20% of the overall kitchen renovation budget.

6. Appliances:

Usually, when renovating your kitchen, you might have to change the cooktop, dishwasher, refrigerator, and so on. This is especially true when changing the layout of your kitchen.

The problem is that the cost of appliances increases almost every year. That is why; appliances can take up to 20% of your kitchen renovation budget.

7. Sink:

The sink can cost an additional 5% as well. However, the cost can increase even more if you have multiple sinks in the kitchen or a double sink.

Now that you know why renovating the kitchen is so expensive, it is time to understand what tips you can follow to reduce the cost.

How to save money while renovating the kitchen?

All these tips might not be possible for everyone to follow, but you need to at least try and keep them in mind while renovating your kitchen.

1. Stick to a simple design:

The fancier the design, the higher the cost of renovating your kitchen. It is best to stick to a simple design. Moreover, when you choose a contractor who provides the design, the cost might reduce somewhat. Rather than looking at the aesthetics, you have to look at the design’s practicality and choose a simpler design.

2. Upcycle the cabinets:

You shouldn’t replace all the cabinets unless and until it is required. Upcycling the cabinets, like re-polishing them, and changing the hardware, is certainly a good way to save money. If the cabinets are working appropriately, you shouldn’t order new ones.

3. Go with discounted appliances:

Appliances are a significant expense when it comes to the renovation of your kitchen. If you can save money while buying the appliances, it will make a lot of difference in the kitchen renovation cost. One way to save money is to go with discounted appliances. When you look at the various brands and discount offers available, you will realize that if you plan your purchase right, you can easily save 10% on the appliance cost.

Moreover, when you buy the appliances during special sales, you can save another 10%. So, cutting down 20% of the appliance cost will make a difference. To save more money, you must determine which appliance you need to buy new and which ones you want to continue using. Not replacing all your appliances will ensure that you can reduce the home renovation cost.

4. Do not change the flooring:

Even though the kitchen area is not that much, if you replace the flooring, the cost of renovating the kitchen certainly goes up. The good news is that most flooring types can last for more than a decade. That is why, unless and until it is extremely necessary, it is a good idea to continue with the same flooring. It will once again help you cut down on the cost of renovation.

While the kitchen is the most expensive part of your home that you can renovate, it doesn’t mean that the other parts of your home can be renovated cheaply.

Arguably, the bathroom comes to a close second. In many cases, if you opt for premium plumbing fixtures and something like elegant flooring, the cost of renovating the bathroom can surpass even that of the kitchen.

Since most of us do not like to go with elegant fixtures and flooring, the kitchen remains the most expensive part.

What Is Most Expensive When Renovating a House? – Conclusion

What Is Most Expensive When Renovating a House? The kitchen is the most expensive when renovating your home. However, once you follow the handful of tips we have highlighted above, it is easy to understand how you can save money while renovating your kitchen.

Of course, a lot depends on your supplies and the hiring contractor. That is why; you need to pay close attention while renovating your home. You can only expect to save some money and get things done within budget.