Furniture. Saturday , February 10th , 2018 - 11:51:27 AM
Budget: The good news regarding a kitchen renovation is that it tends to be a good investment. The Appraisal Institute of Canada estimates that a kitchen renovation will return 75-100% of your investment if you were to turn around and sell your home. However, the sky is never the limit, even for Donald Trump. Just as you would plan your company's annual marketing budget, you need to develop a budget for your kitchen renovation. A general rule of thumb for how much to spend on a kitchen renovation is up to 10-15% of the value of your home. But don't feel like you have to spend that much; if you can do more with less, do it. For example, if your cabinets are in the right location and sturdy but just tired and outdated, consider refacing them. Refacing comes in at about 50-75% of the cost of new custom cabinetry.
Before commencing with your project, confirm with the local authorities if such a renovation might require specific approvals or permits in line with the Building Code of Australia requirements.
Start by developing a Design Plan: A renovation will only be as successful as the research and planning that's put into it. Like any business proposal you develop for work, you need to have a clear goal of what you want to achieve with the renovation. Do you yearn for updated electrical wiring, maximizing storage space, adding an eating area, appliances that work?
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