If you are embarking on a kitchen renovation adventure (and putting aside all of the excitement and the possibilities of creating your ‘dream’ kitchen), there is one nagging question that may cause you to reconsider.
How much will it all cost?
When it comes to the cost of a kitchen renovation in Toronto, a carefully planned budget is extremely important. Proper budgeting requires the knowledge of what you need, how much you need and how much it is going to cost you.
If you are a Canadian thinking about reinvigorating the heart of your home, this article has the advice you need to know.
What is the Average Kitchen Renovation Cost in Canada?
According to a survey, the average kitchen renovation cost in Canada ranges between $25,000 to $30,000. However, this amount typically covers only the most basic repairs and renovation expenses. If you are planning on a more elaborate remodel, then the cost can easily reach $50,000 or higher. Before you start to worry about the expenses or think of giving up the idea altogether, remember that the total cost of kitchen renovation varies from project to project.
Here are the different factors (and some estimates) that you need to consider when renovating a kitchen in Toronto and the surrounding area.
Depending on your kitchen, you may not want or need to change the kitchen flooring. Wooden floorboards are usually the most sought-after option, but they are also quite expensive – a 500 square foot kitchen space can cost approximately $5,000 in flooring expenses. Opting for vinyl floors will drastically reduce this cost whereas choosing tiles means that you can buy them for a few dollars per tile to much more luxurious options.
Countertops are a significant portion of the total cost of a kitchen renovation project. Including installation and fabrication, they typically cost $100 – $200 per square foot. While laminated countertops are priced in tenners, marble countertops are often at least $100 per square foot.
The material of the countertops, area to be covered, the number of cuts as well as the size required are important factors when determining the total cost of kitchen counters in a renovation project. Take these into account when making your final countertop choice.
Homeowners can choose from stock cabinets (available commercially), semi-custom or fully customized kitchen cabinets. Stock cabinets are the most economic option; they are typically $70 per linear foot while semi-custom cabinets can cost a little more. Although custom cabinets will give you a greater sense of personalization along with added functionality, they are the most expensive option of the three.
Besides these factors, there are others that will impact the cost of a kitchen renovation in Toronto. For instance, plumbing costs, electrical rewiring, and installing kitchen appliances l(i.e. ovens, stoves, refrigerators) all mean extra expenses.
Whether all of these costs feel overwhelming or you think you can manage the calculations on your own, it is best to consult an expert kitchen designer. A good renovation company can provide you with in-house estimates, quotations and advice to give you a clear idea of how much your expenses will be.
Consult an interior expert to get a firm grasp on the total cost of kitchen renovation in Toronto.