Average cost to renovate your kitchen in 2021
2022 brings new design trends, the kitchen outgrows its importance as a pure food area and becomes a family and guest meeting space.
Kitchen renovation costs in Montreal range from $4,000 to $25,000+, with an average of $15,000. Real estate agents agree that when it comes to home renovation, the kitchen is among the top three most important parts of the house to increase value significantly. On average, for a medium-sized house ROI (return on investment) accounts for around 70% which puts the kitchen at the first-place sellers consider when investing their money. When it comes to kitchen renovation projects, the first thing that will save you money is to know exactly how much you should expect to spend. And that is determined with financial planning and budgeting.
Over the years, we have found that our customers invest in their kitchen these amounts:
Minor or economic kitchen: $4,000 to $12,000
Mid-range or standard kitchen: $12,001 to $25,000
Large or high-end kitchen: $25,001 or more
A smaller project that includes painting ceilings & walls, tiling, refurbishing or re-facing kitchen cabinets can cost between $4,000 and $12,000. Cabinetry stands for the biggest expense in kitchen renovation projects because the entire kitchen layout and function is built on them. Anything beyond $20,000 projects include more elaborate renovation processes like installing custom kitchen cabinets, top-notch appliances, timber flooring or granite/quartz/dekton countertops.
Kitchen renovation cost factors in Montreal
On average kitchen renovation costs between $70 and $220 per square foot, while most mid-sized projects cost around $120 per square foot. That means that most of the homeowners spend between $15,000 and $30,000 for the total remodeling of their kitchen space.
The expenses fluctuate depending on various factors such as:
Kitchen size: Unlike labor costs, material and installation (like flooring, backsplash or countertops) costs are typically priced per square foot. A decent size kitchen with a reasonable amount of counter space is what most people aim for.
materials: Some kitchen materials and products in Montreal are more expensive than others. If you choose stone countertops for your kitchen, like most homeowners in Montreal, granite & quartz countertops cost more than your basic laminated ones but less than dekton. Our professionals can help you choose the right materials for your budget and taste.
Labor: When choosing a reliable contractor for your kitchen renovation project, you should look for a professional who has lots of experience. Normally, a renovation contractor who has been in the industry for more than 10 years will charge more than a contractor who’s a beginner. Although you will automatically benefit from his experience.
Finishing: If the improvements you want change the layout of your current kitchen like; relocating plumbing, adding a kitchen island, adding electricity where there wasn’t any before or removing a wall, expect a significant rise in the cost. On the other hand, if the changes are mostly cosmetic like; cabinet re-facing, updating hardware and fixtures, or floor refinishing, you will be in the lower costs we have previously discussed.
Return on investment for a Kitchen Renovation (ROI)
According to the annual CIBC Home Renovations Poll, around 50% of Canadians plan some kind of renovations for their home. And the percentage of costs that you may recover when you sell your home is 75-100% when it comes to kitchen renovations particularly if it was well thought out by a professional, which makes it a great investment. It is no wonder why out of that 50 %, almost 90% of Canadians think about giving their kitchen a brand-new look.
How much should to invest in your new kitchen?
Most people may be confused on how much they should spend on a kitchen renovation. We advise you to invest 5-10% of your property’s value in your kitchen, which means if your home’s worth is $220,000, you can safely invest $11,000-$22,000 to assure that you don’t lose any money. And at the end it will come to materials, products, installations and additional fixtures you choose when the final price will be estimated on.
Renovation costs by kitchen size
When you break down the expenses in detail, you realize that you would need approximately 9%-18% of the value of your budget if you hire an experienced Contractor.
The average budget breakdown would look like the following: -50% on cabinetry and countertops
-15% on flooring
-10% on plumbing
-15% on lighting -10% painting, adjustments & various To renovate a small kitchen (less than 70 square feet), you may have to invest between $4,000 and $18,000. For mid-sized projects, which is usually a standard industry size of 150-175 square feet, renovations costs vary from $18,000 to $36,000 all depending if there will be major modifications or not. The bigger (kitchen sizes 200 square feet and more) or more complex projects may easily cost more than $36,000. With larger places homeowners usually include special areas like recycling & butlers stations, seating islands and built-in kitchen gadgets. When it comes to high-end kitchen space, options include sensors, Bluetooth appliances, smart devices and energy certified built-ins, with the price between $500 and $4,500+ per item.
The cost of professional tradesman for your kitchen renovation
To get a kitchen of your dreams, you will have to get professional help from workers who are specialized and experienced. Some can seem expensive but the renovation industry is not immune to the market trends and offer-and-demand. However, we will offer you a fair price for our craftsmanship with experience and professionalism.
Here are the most common trades you will need:
Interior designer Knowing your style will make the design and build process efficient so you get the most out of your kitchen. Many homeowners, are tempted to skip this investment and “do it themselves”, but working with a kitchen designer is well worth the investment. A great designer will bring your ideas into life and that will result in a beautiful and also functional kitchen.
Cabinet Maker Cabinetry is essential in every kitchen and makes a great deal for the first impression so most of the homeowners invest a lot of money in this area. There’s a wide range of materials and prices, based on your wishes, from $65/linear foot for stock cabinetry to $9,000/linear foot and more for premium and custom hardwood. But if you want to save money, we can do a kitchen cabinet re-facing.
Countertop manufacturer Here’s a pricing list for the most common countertop materials and their price per square foot (installed):
Ø laminate: $20-$40
Ø Hardwood: $50 - $90
Ø Quartz: $50 - $250+
Ø Marble (not suggested as it is porous): $80 - $175+
Ø Granite: $80 - $175+
Ø Stainless steel: $150 +
Ø Lavastone: $150 +
Ø Slate: $50 - $65
Ø Soapstone: $60 - $150
Ø Limestone: $55 - $130
Ø Bamboo: $50 - $150
Ø Porcelain: $60 - $100
Ø Concrete: $55 - $185
Bear in mind that flooring materials such as basic ceramics, vinyl and linoleum are the most affordable ones ($500-$2,500 for a mid-size kitchen). Granite and hardwood are more expensive but will add value to your kitchen ($1,500-$3,000). The most expensive ones go up to $4,500+ and are usually materials like marble, terrazzo and concrete.
Plumber Hiring a licensed plumber is important for connecting your new kitchen.
Electrician Other must-have specialists are licensed electricians, who will charge between $80 and $90 per hour.
Appliances
Installing the sink and the faucet or relocating the overall plumbing. A plumber is also between $80 and $90 per hour.
As long as you take your time to plan the kitchen renovation according to your wishes, needs, and budget, you can make some great upgrades to your kitchen space without going into debt. And it is always easier if you have experts right by your side. We are a group of certified tradesman in Montreal with RBO license who offer cost-effective kitchen solutions for every budget. Contact us via (514) 895-7113 and let’s start planning together your new kitchen. Your new kitchen starts with our creative experts. Do not hesitate and contact us immediately! “Making your vision come true, that’s what we do”!
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