By Admin 
Undertaking a home renovation can be both exciting and overwhelming, especially when managing budgets and priorities. Understanding renovation costs by room is essential to plan effectively and maximise the return on investment. Whether you’re updating for your own comfort or increasing resale value, this guide will help you prioritise your home makeover with clear insights into average costs and key considerations for each room.
1. Kitchen: The Heart of the Home
Renovating a kitchen is often the most expensive and impactful project in a home makeover.
Average Cost: Between $15,000 and $50,000 depending on size and the quality of finishes.
Factors to Consider:
- Cabinetry and Benchtops: Custom cabinetry and premium materials like stone benchtops significantly increase costs.
- Appliances: Modern, energy-efficient appliances are essential but can be costly.
- Plumbing and Electrical: Changes to plumbing and electrical systems may require specialist trades, adding to the budget.
Prioritise: Functionality. Invest in durable, easy-to-clean surfaces and ample storage space to future-proof your kitchen.
2. Bathroom: Luxury Meets Practicality
Bathrooms rank second in renovation expenses due to their need for waterproofing and high-quality fixtures, making the average bathroom renovation cost an important factor to consider.
Average Cost: Between $10,000 and $30,000, depending on size and materials.
Factors to Consider:
- Tiling: Wall-to-ceiling tiling is stylish but increases material and labour costs.
- Fixtures: Upgrading to high-quality taps, basins, and shower screens adds to the total.
- Lighting and Ventilation: Proper lighting and ventilation prevent mould and improve functionality.
Prioritise: Waterproofing and plumbing upgrades to avoid costly future repairs.
3. Living Room: A Space to Relax and Entertain
Living rooms are often less expensive to renovate, focusing on cosmetic upgrades and improved functionality.
Average Cost: Between $5,000 and $15,000.
Factors to Consider:
- Flooring: Hardwood or premium tiles can elevate the space but add to costs.
- Lighting: Installing dimmable LED lights creates a cosy atmosphere.
- Storage: Built-in shelving or entertainment units add style and practicality.
Prioritise: Aesthetic cohesion with adjoining spaces and a layout that enhances comfort and usability.
4. Bedrooms: Personal Sanctuaries
Bedroom renovations are typically simpler and more budget-friendly.
Average Cost: Between $2,000 and $10,000.
Factors to Consider:
- Wardrobes: Built-in wardrobes with sliding doors maximise storage.
- Insulation and Windows: Upgrading these elements improves comfort and energy efficiency.
- Cosmetic Changes: A fresh coat of paint, new carpets, and window treatments can transform the space.
Prioritise: Comfort and functionality, particularly in the master bedroom.
5. Outdoor Spaces: Extending Your Living Area
Updating outdoor areas can enhance lifestyle and add value to your home.
Average Cost: Between $5,000 and $50,000, depending on the scope.
Factors to Consider:
- Decking and Pergolas: Materials like composite decking last longer but cost more upfront.
- Landscaping: Professional landscaping adds kerb appeal and usability.
- Outdoor Kitchens: These can range from simple BBQ setups to fully functional kitchens with plumbing and power.
Prioritise: Durability and weather resistance for all outdoor elements.
Tips for Prioritising Your Home Makeover
- Set a Budget: Be realistic about what you can afford and leave a buffer for unexpected expenses.
- Focus on ROI: Kitchens and bathrooms typically offer the highest returns when selling your home.
- Assess Needs vs. Wants: Prioritise structural repairs and essential upgrades over purely aesthetic changes.
- Engage Professionals: Hiring qualified tradespeople ensures quality workmanship and compliance with regulations.
- Plan for Sustainability: Incorporate energy-efficient designs and materials to reduce ongoing costs.
Final Thoughts
Renovating your home is a significant undertaking, but understanding costs by room and prioritising wisely can ensure a successful transformation. From kitchens and bathrooms to outdoor spaces, each area offers unique opportunities to enhance both your lifestyle and property value.
Need help planning your renovation? Consult experienced professionals for tailored advice and accurate cost estimates to bring your vision to life.
