Tips For Budget-Friendly Internal Home Renovations
Looking to renovate the interiors of your home without breaking the bank? Then we’ve got you covered with a few handy tips.
Read MoreThe kitchen in any house is always buzzing - be it with the echo of different voices or the aroma of freshly cooked delicacies!
However, it begins to look outdated with years of use, and a complete renovation becomes necessary. Besides, who doesn’t love a bit of spark and a splash of colour in their cooking area?
While you can redecorate a corner from time to time, a remodelling project requires professional help. It’s a substantial investment and must not be taken lightly.
There are numerous advantages of a customised renovation project. It can add to the overall functionality of the space and give it a contemporary look. Besides, it can upgrade the antique appliances for energy saving goods and meet your growing family’s needs. Most importantly, remodelling increases the value of the property.
Out here, we’ve done our research and compiled this complete guide to kitchen renovations. So, let’s have a look!
While the renovator will tailor the project to your needs and make all the necessary adjustments, you also have a significant role to play in ensuring a trouble-free renovation process with few or no pitfalls.
Listed here are six essential steps in kitchen remodelling.
A full-blown renovation project is an expensive affair, and there are no two ways about it. So, be prepared to shell out a hefty sum and be realistic about the costs.
Different contractors and interior designers will offer varying ballpark estimates, and that might create some confusion but remember that every renovation project is unique. Prices might differ from one renovation company to another.
Several remodelling guides online can help you with a rough estimate per your area. However, the best way to get an approximate figure is to list all your requirements and consult with at least two renovation companies that’ll give you a quote accordingly.
To sum up, the remodelling estimate you get depends on the following factors:
However, this can fluctuate once the work starts, and therefore, it is essential to keep some extra funds on the side. Some companies also offer a fixed price policy, where they convey all the costs before commencing the work. But, in case you change the order mid-project, then some additional charges might be levied.
Kitchen renovations are costly, and unless you’re lucky enough to have that kind of cash lying around, comparing different financing options is a must-do. Although this is a tedious task, it’s an important one. Once you’ve got a ballpark estimate, it’s time to proceed with it.
We’re all familiar with personal loans, but there are other more secure ways to finance home remodelling projects. We’ve listed a few of them below.
Home equity is the current value of your property, minus the mortgage amount you still owe. Through home equity loans, you receive the entire amount in one go against the house’s equity.
They carry lower interest rates, have fixed monthly payments and have a longer repayment time.
The home equity line of credit (HELOC) has a credit limit and allows you to draw funds as you proceed with the remodelling project. You can make only interest payments during the initial ‘draw’ period and start paying the principal amount once the repayment period begins. However, their interest rates are variable and can fluctuate from time to time.
In this, a new mortgage replaces your existing one. The amount is higher than what you currently owe and depends on the current value of your house minus the mortgage paid. The difference can finance your renovation projects.
This option usually has lower interest rates, but you’ll have to pay mortgage closing costs.
For the unversed, this is the method by which you borrow money directly from your retirement fund. The money is then deducted from your income over the next five years.
Although the interest rates are higher, the money goes back to your retirement fund. However, if you quit or lose your job before complete repayment, you’ll have to pay back the balance within a specific period. Failure to do so will lead to a penalty.
While going down the DIY route is excellent for some minor repair jobs, we’re here to warn you that kitchen remodelling is a whole different story. It involves demolition, framing and plumbing, flooring, installing cabinets and doors, and much more. Therefore, hiring a reputed remodelling company is the best way to go.
Besides catering to your specific requirements, they’ll also follow the building codes and the city’s construction regulations. In addition, they’d also get necessary permits from local authorities.
Earlier, people would hire an architect and work on remodelling plans before approaching contractors. However, this method has become obsolete because of the uncertainty of costs. Besides, disputes between architects and contractors can delay the work.
Today, people choose a single company to take charge of the entire renovation process. This method is much more convenient and collaborative, and the work gets done within the stipulated time.
The best way to find a renovation company is to check online resources and ask friends or colleagues for references. Then, shortlist a few companies and review their websites. This helps you get an insight into their work portfolio.
Lastly, get in touch with the chosen companies to get a quote and ask relevant questions before making a final choice.
The space you design should be functional and aesthetically appealing.
Depending on the lifestyle and size of the family, you will have specific storage needs. For instance, a large family will require a bigger fridge, more space for dishes and glassware, etc. Besides, if you frequently entertain guests, you might want a classy dining piece in the kitchen and some gorgeous lights to illuminate the space.
The remodeler will give you several layout options that maximise space and properly position work zones. While opting for the latest kitchen trends is a tempting choice, we recommend going for a design that’ll withstand the test of time and live past trends.
However, that doesn’t mean that the kitchen has to look dull. The best way to go is a minimalist design that leaves room for creative expression and eye-catching additions.
Remember to choose durable materials for different spaces like the countertop, backsplashes, cabinets, etc. Natural stones make for excellent kitchen worktops; engineered wood and plywood make sturdy cabinets. Similarly, tiles are great for flooring, as they can withstand heavy foot traffic and are easy to clean.
Lastly, you also need to decide on plumbing fixtures and the kitchen sink material.
Any renovation project is incomplete without installing energy-efficient appliances that make your kitchen “greener.”
Please eliminate the bulky oven, the worn-out dishwasher, or the crock-pot that has overstayed its welcome. It’s time to revamp your kitchen with stylish, functional and cost-efficient appliances.
However, if the products are relatively new, there’s no need for a replacement. Decide how you wish to accommodate them in your new kitchen space and discuss it with the designer, who’ll change the plans and design the area accordingly.
There’s more work to do! Your kitchen will be out of bounds during renovations. Thus, you’ll have to either construct a low-budget makeshift space in some spare part of the house or move to a relative’s house for a while. Alternatively, be prepared to eat take-outs for a couple of months.
Also, schedule regular meetings with the remodeler to inquire about the progress and ensure the renovation is up to pace.
Remodelling the kitchen is a disruptive process for all the house members. However, patience is crucial, and temporary adjustments to your everyday routine can go a long way in making the entire process more bearable.
With that, we come to the end of this guide. We hope you can now go about getting the kitchen of your dreams. Once the remodelling is complete, take some time to properly arrange the cutlery, plates, and appliances on the shelves.
Regular maintenance is the best way to ensure a neat and functional kitchen. Immediately repair any damages you may see over the years, inspect the hoses and faucets, and deep clean the space from time to time.
So, keep this guide in mind when you embark on your kitchen remodelling journey. It’s time for us to take our leave, but you can always reach out to us with any queries in the comments below.
Until next time, happy renovating!
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