Your bathroom is guaranteed to receive quite a bit of traffic on the daily. It is important to make sure it is not only functional but makes a lasting impression.
On average a bathroom remodel will cost you $17,908. However, there are several factors that could dramatically change this projected number. Depending on if the renovation involves just counter tops and cabinets, or needs plumbing moved and new faucets – you should probably budget $10,000 to $30,000. Other things to consider are labor costs, square footage, and if you will be using high end finishes. Read more about what to spend and where to save:
The Breakdown
These are the big-ticket items that can easily add up when remodeling even a small powder room. Cabinetry, the shower, counter tops, the bathtub, flooring, lighting and the toilet. The costs for these fixes vary by region and by types of materials used such a luxury items like marble, custom carpentry and high-end fixtures. Your cost will especially start to rise substantially if you are including heated floors, in-wall wiring, a walk-in tub, low flow toilets and other designer features.
One tip on cutting costs would be to ask a general contractor or home improvement store for a free estimate. Or ask neighbors and friends if they know of any cost friendly re-modelers.
Where to Save
You do not need bath specific paint when remodeling a bathroom. Basic to mid-range paint can go a long way and save you a pretty penny. Also, consider painting over your existing cabinets if you can since new cabinetry is one of the biggest budget items.
Another option to keep in mind is to simply replace the hardware on your sink instead of buying a whole new sink that can cost you $1,400 to $2,300. Sometimes this is all you need to completely change the look of a once drab sink.
Also, do not forget that a multi setting shower head can make a huge difference in making your bathroom feel like a personal spa retreat. In addition to this, using affordable ceramic tile will save you thousands. You can see some examples of this in our gallery.
Where to Splurge
Although there is room to save by using affordable flooring, you still want to make sure you are using quality products, so it does not wear overtime. Quartz is a great mid range alternative to Carrara marble and is growing in popularity.
Return on Investment
Thankfully, all this money spent on renovation does not just go down the toilet. When the time comes to sell your home, the bathroom is one of the main spaces buyer’s will be looking to see updates and renovations in.
On average, you can expect to gain back 66% of the money spent on remodeling costs. This is the gift that keeps on giving, so go ahead and take the plunge and consider remodeling your bathroom!