Oct 28, 2020
In this episode of Your Forever Home, as part of the Kitchen
Design Essentials Season, Frances walks through what needs to be
considered when planning the budget for your kitchen, including
items that are often forgotten. She also runs through what you can
expect to be able to do at certain budget levels.
Determine your goals and objectives when creating your
- Are you doing a makeover, some basic cosmetic changes to
freshen it up?
- Is it going to be a renovation?
- Basic Renovation- replacing what’s already there and not
changing the actual layout
- Full Rip out- Changing the layout, creating a different
- Brand new kitchen
- Kitchen to flip- short term fix
- Forever Home Mindset- a kitchen that would last for 10+
In doing so:
- You will be able to work out on a realistic budget.
- You will be able to identify what you need to invest for the
- It will guide you on choosing the type of materials, finishes
appliances that sit within your budget.
The kitchen is one the most important spaces in a home,
so compromising elsewhere could be well worth it.
- If part of the bigger project, some areas can be delayed
allowing you to allocate more on the kitchen..
- For instance, delay builtin cabinetry or an ensuite
- It may be worth waiting a little to get it right because it is
such an important space.
Not utilising the space in the best way
possible- In the Episode of
Kitchen Design Essentials- Builder’s Insight, Jeremy
from Gaia Constructions highlighted one of the biggest mistakes
homeowners make when creating a new kitchen.
- Engaging with experts (eg, interior designer, engineer) will
save you money and minimise regrets that you are going to have.
- Compromising on design as you don’t want to spend getting the
design drawings done is a compromise on the space- cabinetry to fit
a space rather than it being properly designed.
- We were able to achieve things for clients what they never
thought possible - Walk in pantries, appliance cupboards, servery
windows – all because we have a different expert eye that can see
things you may not. It’s what we’re trained to do. It’s what you
pay us for.
How to set your budget
- What do you need to spend your money on?
- Design and consultants
- Interior Designer- Elevations and layouts
- Engineers- Removing walls
- Demolition Cost – If you are not doing it yourself.
- Rubbish removal
- Lighting designer
- Different tradespeople (if managing yourself)
- Freight- getting resources and materials from different
Other costs to consider;-
- Opportunity cost- taking the time off work to manage all the
trades, which means you need to consider;
- Warranty on workmanship
- Your skillset and confidence to manage all grey areas that may
come up when a builder is not involved.
How much do you want to spend?
- If part of a larger home, you may want to get advice on where
to spend and where to save.
- Are there materials that you can re-use or upcycle?
- Are there any things that you can do yourself, without
compromising the outcome? I.e Painting – be mindful of building
regulation for complicated tasks.
What budget can you afford?
- Validate what you can afford with the real costs, so you can
determine what you can feasibly achieve.
- Allocate 15% for contingency
- Particularly relevant for renovations – come up against
Let’s talk figures – what can you do – indications only
- These estimations will depend on the finishes, extent of
cabinetry, benchtops, and WIP.
- Remember that one material/ fitting maybe important than the
other, so this is not saying you can’t have it! Compromise may be