A kitchen renovation can be expensive if you’re not ready for it. The best way to start preparing your budget is by asking for a quote from contractors. But is it enough to ask? Learn what you need to know when getting a kitchen renovation quote.
Kitchen Renovation Quote VS Estimate
An estimate is just a best guess on how much your kitchen renovation will cost, but it will give you an idea of how much money you should set aside for the job. It is not a fixed price but a guess of what the contractor thinks based on their previous job experience, which they can tell you at the drop of a hat.
You usually get the estimate before a quote, which is useful when applying for a loan or building consent.
A quote is more accurate. It includes a breakdown of the labour, materials, and other factors that will cost you for your kitchen renovation. However, it is not an exact amount.
Other factors can change the price along the way, such as changes in the choice of materials, plans, and other factors. Also, some contractors are not transparent enough in writing out all the costs. There can be hidden fees involved.
What Should You Know About Getting a Quote for Your Kitchen Renovation?
To maximise your budget and get the best deal, start by choosing who to work with. Although there are many other factors to consider, a quote is a significant consideration when hiring a building company.
Also read: Is a Kitchen Renovation on a Budget Possible
Start by going through your plans.
You should plan how you want your kitchen to become. If you can come up with a blueprint and a job brief, that’s better. A builder will base their quote on your plans’ specifications and the costs involved.
Therefore, if you want your quote to be as accurate as possible, be clear on your plans and what you want to happen.
Get a quote from multiple companies.
It is a cliche that you should ask for a quote from multiple companies and compare them. But only some know which company to ask and how many.
Ask at least three companies in your area to ensure you’ll get the best deal. Ask as many as you can.
You don’t have to ask the companies far from where you are as the transportation or accessibility to your place can also add to the final cost.
Identify the items you’re not sure about.
Inform the builder if you’re in a dilemma on some plans. For example, if you still need to decide which kitchen flooring you want to use, tell the contractor about it. Unsure items would be added in the quote as prime cost or provisional sum that allows allowance.
Do not hesitate to ask your prospect.
If you need help understanding anything on the list, ask your builder. You have the right to know what you’re going to pay for. Also, remember to ask what’s included and not included in the list. Here are some questions you should ask:
- How long will the project take?
- What materials can be used?
- How much is the hourly rate?
Ask questions because getting surprised by a hefty amount of hidden fees is the last thing you want to happen.
Hire a company with a reputation for transparency.
You can rely on a company with a reputation for transparency. You know that they will provide you with a quote that is as accurate as possible. They are also willing to answer your questions if you have any.
If you need to ask for a quote on kitchen renovation, contact us today!