Looking to remodel your bathroom, but worried about going over budget? Read on to learn how to plan your bathroom remodeling budget.
Do you think your bathroom looks boring or out of style? Or maybe you have some damage, like watermarks on your wall or a chip in your countertop.
If this sounds familiar, you may want to consider a bathroom remodel. Not only will you love your new and improved bathroom, but it’ll add value to your home.
But just like any other big project, you’ll want to decide on a budget for your renovation. It can be tricky to nail down just how much it’ll cost, but luckily there are some tips to help.
Do you want to know what they are? Keep reading to learn how you can set an accurate remodeling budget for your bathroom.
Decide What You Want to Remodel
The first step in determining the cost to redo your bathroom is to decide what that will entail.
Do you want to go for a full-out remodel or just switch out that chipped countertop? Or maybe you think changing the sink fixtures and cabinet hardware will be enough to update the room.
Of course, the more you change, the more expensive your remodel will be. However, renovating a bathroom can be inconvenient, so you may want to splurge for a full remodel now. This way you can enjoy it for years to come without having to worry about updating it one small feature at a time.
Think About the Layout
Do you have enough room to comfortably move around in your bathroom? Does the room seem to flow nicely? If you answered “no” to either of these two questions, you may want to consider changing the layout.
This could entail moving fixtures and electrical work around, and it may also mean you want to add an addition to your bathroom. Know that these changes will cost extra, but it could be worth it.
If your current bathroom is cramped or inconvenient, changing the layout could result in an increase in your home’s value and less stress in the morning as you and your partner try to get ready for work.
Decide Who Will Design Your New Bathroom
Do you have an eye for interior decorating and design? If you already have some great bathroom design ideas in mind, you can save some money and design it yourself.
However, if you need a little guidance or want professional opinions, you may want to hire a designer. Again, this added service means you’ll need a bigger budget, but they’ll likely have tons of ideas that you’ve never thought of and they can help you turn your dream bathroom into a reality.
This will prevent you from pouring all your money into a design then end up disappointed if your elements don’t flow or look great together.
Find Potential Contractors
Alright, so now that you’ve decided what you want done to your bathroom, it’s time to decide who will do it. Chances are, you’ll decide to go with a general contractor.
They’ll manage every part of your renovation, which includes hiring other workers, such as plumbers and painters. It’s a lot less stressful and easier to budget when you go with a general contractor instead of hiring your own subcontractors.
Since your general contractor will play such a huge role in how your renovation turns out, you want to make sure you find the right one. Take your time to research potential contractors and check out their online reviews to see how happy their prior customers were.
Once you’ve narrowed down your list of potential general contractors down to 2 or 3, you’ll want to get an idea of how much each will cost by getting a quote.
Just remember, that this is just a quote – not the final cost. If you decide to change something in your design, or if there is an unexpected difficulty during construction, the final cost may be slightly different from the quote.
However, getting these quotes is a great way to determine how much you’ll have to budget for labor. If you’re considering hiring a designer, don’t forget to ask them for a quote, too.
Know the Average Price
While labor will make up a large part of your budget, there are more things to consider. The cost of your bathroom renovation will vary based on your style.
If you have your heart set on mosaic tiles in your shower and marble countertops, you’ll be looking at paying a lot more than you would if you wanted a budget shower stall and laminate countertops.
Search online and browse your local home improvement store. Write down the average prices you’re finding for the big-ticket aspects of your renovation, such as the tub, flooring, countertops, and sink.
Budget for Unexpected Costs
Alright, so let’s say you got a good quote from your general contractor and researched how much the main aspects of your remodel will cost. It seems like you have a pretty good budget figured out.
But don’t forget to include a little extra money for unexpected costs. The contractor may find mold or water damage after they start working or you may fall in love with a tub that’s a little out of budget.
These things happen, so it’s important to have a little wiggle room in your budget to cover extra costs you may incur.
Setting a Bathroom Remodeling Budget
If a bathroom renovation is in your future, you’ll need to start by setting a budget. Just follow our guide to learn how you can plan an accurate bathroom remodeling budget, so you don’t experience sticker shock halfway through the renovation.
Are you ready to get started? Contact us today for a great home remodeling company in the Washington D.C. metro area.