Everyone dreams about that new kitchen renovation. However, the main factor stopping most people is simply the cost. So, what if your budget is tight, what can you achieve? Can you remodel a kitchen for $5000?
The short answer is no. Even the most basic kitchen renovations and remodels can cost well over $15,000. With the average remodel costing more than $20,000 it will be tough to achieve anything worthwhile on a tight $5,000 budget.
That being said, it doesn’t mean you can’t get away with a few upgrades. Assuming your kitchen is small, a budget of $5,000 could be enough to refresh your kitchen. Keep in mind that with a budget so small there will be considerable limitations, both in scope and quality.
To achieve a kitchen renovation on a budget it’s important to plan out what exactly you need and what you are willing to forego. On a budget of $5,000 you may only be able to change a few things. For example, fitting your kitchen with new appliances may be the maximum you can achieve. Instead you could opt for new flooring, bench tops, or splash backs. However you may only be able to choose one.
Therefore it is generally worth it to hold out until you can do it right. There is no point throwing money at a kitchen renovation that will leave you with essentially the same kitchen as when you started.
If you are interested in a kitchen remodel, give us a call on 0508 2 73668. Our expert team is more than happy to advise you on the ideal budget for your dream reno. As industry leaders we have a focus on bringing value to people’s homes and investment properties.