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How much should I spend on my kitchen renovation?
- Brenton Knudsen
- Jan 8
- 2 min read
One of the most common questions homeowners ask when planning a kitchen renovation is: how much should I actually spend?
The answer purely depends on your home's value, your goals, and how you want the space to function.
There is a 5-10% rule:
A widely accepted rule of thumb is to invest between 5-10% of your home's total value into your kitchen renovation.
For example:
If your home is worth $1,000,000, a sensible kitchen budget would sit between $50,000-$100,000
This range typically allows for quality materials, thoughtful design, and long-term durability, without overcapitalising.
Why this price-range works:
Your kitchen is one of the most used spaces in your home and often the biggest driver of resale value. Spending within this range usually means you can:
Invest in custom or semi-custom cabinetry
Choose durable bench tops that suit your lifestyle
Upgrade to functional layouts and storage solutions
Achieve a finish that aligns with the overall value of your home
Spending significantly less can mean compromising on longevity, while spending well above this range may not yield a strong return unless the rest of the home matches that level of finish.
What impacts the final cost?
While the 5-10% guideline is helpful, your final spend will depond on:
The size of the kitchen
Level of customisation (custom joinery vs off-the-shelf)
Materials and finishes
Appliances and fittings
Structural changes (removing walls, moving plumbing or services)
A well-designed kitchen maximises budget efficiency. Smart design choices can elevate a space without unnecessary cost.
Budget for value, not just price:
The goal isn't to spend as little as possible, but, it's to spend wisely. A kitchen renovation should:
Suit your lifestyle now
Complement the value of your home
Stand the test of time in both function and design
