Are you planning a kitchen remodel this year? While this project is one of the easiest ways to increase the value of your home, it can also be costly if you aren’t careful. But don’t despair: setting a realistic budget, properly allocating your money, and partnering with an experienced general contractor are all easy ways to keep your kitchen renovation on track. Let’s dive into everything you need to know about kitchen renovation costs in 2025!
Budget Breakdown
Before you start tearing out your cabinets, you should know how much your kitchen renovation will cost. A good budget for a kitchen renovation is around 15-20% of your home’s value. Typically, the average Kamloops homeowner should set aside around $55,000 to $85,000 for a complete kitchen remodel. This includes changing your kitchen’s layout, installing new floors, designing custom cabinets, adding high-end appliances, and upgrading all your fixtures.
However, it is crucial to remember that your budget can be substantially less for smaller kitchen renovations. Keeping your cabinets can shave up to $8,000 off the overall cost. Similarly, a fresh coat of paint and new lighting fixtures might only cost $200 to $400. Looking for other ways to save money? Check out our previous post for some helpful tips on how to keep kitchen renovation costs down.
Here’s the key: be realistic. While we all want a kitchen straight out of Architectural Digest, you might need to make some sacrifices to fit within your realistic budget. Ask yourself: What is non-negotiable? Where can you save?
Cost Breakdown
If you are undertaking a complete kitchen reno, you should know how your budget will be spent. According to the National Kitchen and Bath Associaton, the average cost of a kitchen remodel breaks down like this:
- Cabinets & hardware: 29%
- Installation: 17%
- Appliances: 14%
- Countertops: 10%
- Flooring: 7%
- Lighting” 5%
- Walls & ceilings: 5%
- Doors & windows: 4%
- Faucets and plumbing: 4%
As you can see, the most expensive part of a kitchen remodel is the cabinets, appliances, and countertops. On the other hand, if you decide to splurge on state-of-the-art light fixtures or invest in high-quality countertops, your overall costs might look different than the above list. In the next section, we’ll review the factors that can impact the average price of a kitchen reno.
Factors that Impact Kitchen Renovation Costs
Three key areas—layout, appliances, and finishes — can typically affect the average cost of your kitchen renovation.
Layout
Are you looking to redo the clunky layout of your mid-century modern kitchen? This might mean redoing your plumbing, adding electrical outlets, or even removing a wall–which can significantly increase your expenses. Remember to account for additional labour expenses and material costs in your budget. Or, if you are trying to keep costs down, consider optimizing your existing layout when renovating to save money in the long run.
Appliances
Upgrading your appliances can also drive up the overall cost of your renovation. If your fridge, oven, and stovetop are all between 15-20 years old, it’s time to upgrade. New appliances can improve your kitchen’s energy efficiency, function, and aesthetics. Plus, new appliances can help entice prospective buyers if you plan to sell your home soon. On the other hand, if most of your appliances are in good working condition, you can save money here and splurge in different areas.
Finishes
Finally, the finishes you select for your kitchen can significantly impact your budget. As you might expect, luxury finishes like marble countertops or custom cabinetry come with a hefty price tag. Another finish that can influence the overall cost of your renovation is flooring. As you might expect, replacing your dated linoleum or tile with brand-new hardwood will cost you. Consider leaving your flooring as-is if you are worried about your budget.
Choose a Qualified Kitchen Renovation Contractor in Kamloops
Here’s the truth: kitchen renovations can be overwhelming. That’s why it pays to partner with an experienced kitchen renovation contractor like the team at Interior Elite Contracting. All you have to do is give us your goals and budget, and we’ll take care of the rest. Plus, with over 10 years of experience completing award-winning kitchen renovations, we have the expertise to handle your project, no matter the scope. Check out some of our previous projects–the results speak for themselves. Ready to start building your dream kitchen? Get a quote today!
