Kitchen and bathroom renovations can increase both the value and functionality of a home making them one of the most popular home improvement projects in New Jersey. However, with so many options and variables to consider, deciding on a realistic budget can seem like an impossible task. So, this article breaks down the factors that impact the cost, the average cost of bath and kitchen renovations, and a few tips for keeping costs under control.
Factors that Impact the Cost of a Bath and Kitchen Renovation
When planning a kitchen or bathroom renovation in New Jersey, several key factors impact the overall cost of the project. These include the size of the space, the materials used, and the scope of the renovation. Understanding how these factors can affect the cost can help you keep your renovation project on budget.
Size of the Space
The size of your space significantly impacts the cost of your kitchen or bath renovation in New Jersey. Generally, as the renovation space increases in size, the amount of materials and labor associated with the renovation increase alongside it.
For example, a larger kitchen requires more countertop and cabinet space, as well as more flooring and lighting. Similarly, a larger bathroom requires more tile, more fixtures, and potentially more cabinetry. This means that the cost of materials for larger spaces will be higher, as will the cost of labor to install them. Additionally, larger spaces might require more permits or inspections that can add additional cost to the project.
It’s important to note that, while a larger space typically costs more to renovate, it can also provide more opportunities to add value to the home and make it more functional. When planning a renovation, always consider both the cost and the potential return on investment.
Choice of Material
Your choice of materials directly impacts the overall cost of your kitchen and bath renovation. As we all know, different materials come with different price points. However, the direct cost of the material is not the only way your choice of material impacts your kitchen and bath renovation costs. Some materials also require specialized labor to install.
As an example, natural stone countertops require a skilled stone fabricator. So, to accurately budget your kitchen and bath renovation, always consider the entire cost of material and labor for your material choice.
Scope of the Renovations
The more extensive the renovation, the more it will cost. A basic renovation might include updates to the countertops, cabinet fronts, and hardware. More extensive renovations might involve knocking down walls to create an open-concept kitchen, adding new appliances and new cabinetry, and re-doing the flooring and lighting. The more changes and updates made to the space, the more the renovation costs in terms of materials and labor.
To keep costs under control, always prioritize necessary updates over luxury upgrades. You can also consult with a professional that offers design and build services to create a comprehensive renovation plan based on your budget.
Average Costs for Bath and Kitchen Renovations in New Jersey
To help better understand the average costs for bath and kitchen renovations in New Jersey, separate the costs based on the extent of the renovations. So, here are the average costs for a basic renovation, mid-range renovation, and high-end renovation for both bathroom and kitchen renovations in New Jersey.
Average Costs for Bathroom Renovations in New Jersey
Basic bathroom renovation
Cost around $10,000 to $15,000
Includes replacing the vanity, toilet, and fixtures, as well as updating the tile and paint
Mid-range bathroom renovation
Cost around $25,000 to $50,000
Includes custom cabinetry, new tile and lighting, and possibly a new layout
High-end bathroom renovation
Cost $50,000 to $100,000 or more
Includes a complete remodel with luxury finishes and high-end fixtures, as well as updates to the electrical and plumbing systems
Average Costs for Kitchen Renovations in New Jersey
Basic kitchen renovation
Cost around $20,000 to $30,000
Includes replacing the countertops, cabinet fronts, and hardware, as well as installing a new sink and faucet
Mid-range kitchen renovation
Cost around $40,000 to $75,000
Includes updated appliances, custom cabinetry, flooring, and lighting
High-end kitchen renovation
Cost $75,000 to $150,000 or more
Includes a complete remodel with luxury finishes and high-end appliances, as well as possibly knocking down walls to create an open-concept kitchen, and re-doing the electrical and plumbing systems.
Tips for Keeping Renovation Costs Under Control
Keeping your kitchen and bath renovation costs under control not only helps you stay on budget but ensures you will not need to start cutting corners as the project progresses. A renovation project, even a small one, can quickly add up in terms of cost, and it can be easy to get caught up in all the exciting options and upgrades. So, here are three key tips to help you keep your kitchen and bath renovation costs under control.
Set a Realistic Budget and Stick to it
It’s not enough to just create a realistic budget from the start of your bath and kitchen renovation, you also need to stick to it. Here are a few tips you can use for creating your budget and sticking to it:
Research costs thoroughly
Get multiple quotes
Firmly stick to your budget
Include unexpected costs in your budget
Prioritize the Essentials
Prioritizing the essentials of a bathroom or kitchen allows you to focus on the most important updates and features, and avoid unnecessary upgrades or luxury features. By identifying the essential elements of the renovation, you ensure the most important changes make it into your budget. Once you identify these essentials, you can use any leftover funds for luxury upgrades.
Use Professional Design & Build Services
Design and build services refer to a single firm offering everything you need to take your renovation project from inception to completion. They design every aspect of your desired renovation based on your budget and then complete the build process from ordering materials to installing all fixtures. This keeps your costs under control as you only need to track a single firm’s expenses instead of coordinating all contractors and designers.
By offering comprehensive bath and kitchen renovation services, Imperial Builder can deliver the kitchen and bathroom of your dreams. They handle everything from designing the renovation based on your needs and budget as well as ordering and installing all materials. This lets you enjoy the process of seeing your two most used rooms renovated without any stress.