Bathroom remodeling is an exciting yet daunting experience, so sit tight as this read would guide you from designing and planning to final touchups. It is a nerve-wracking and costly investment in terms of a cost-per-square-foot basis. But even then, it’s a sizeable one where you don’t have to spend a fortune. By just employing the right professionals well-backed with plans, designs, and timeline at your part, you can get tons of value and best return on investment.
As rightly said that kitchen and bathroom sell a house, so if you’re looking to get most of your home, in terms of value, invest in your bathroom. Most people don’t want to buy a house with a kitchen or bathroom that need to be worked on. Besides your intent of selling your home, you should enjoy the space while you’re living there.
Know your scope
Before you hire a professional bathroom remodeler, its best to know what you will be able to spend on your bathroom remodeling venture. Although, bathroom remodeling projects coupe well in terms of return on investment, they tend to be a bit pricey as compared to other renovation ventures. A cost of somewhere around $15,000 to $16,000 give you a better-recouped percentage; however, anything beyond that would fall on the lower side.
Ideal cost for bathroom remodel
As a general guide, it is recommended that a bathroom renovation project should cost no more than 5 to 10% of your home’s value. You can either aim for a basic remodel project of about $3,000 to $12,000 or a mid-to-upper range of $12,000 to $35,000 or a deluxe remodel of about $35,000 to $100,000.
Factor of labor cost
Like a kitchen remodel, a greater percentage of about 14-16% of the budget is spent on fixtures like shower surrounds, cabinets, countertops, flooring, and bathtubs. The second factor that considerably takes up your budget is labor.
As bathroom remodeling is a labor-intensive work including tearing out old bathroom amenities and tedious tile and plumbing installation; it accounts for about 20-40% of the remodel project cost. This cost breakdown is only an estimate and can vary quite a bit because of variations and uniqueness of the project.
Also Read: Sticky Tile for Bathroom Walls
If you still believe that the bathroom remodel project isn’t in your budget, think again because some smaller aspects of a bathroom renovation can still have a significant impact. If your bathroom functions well and there’re no leaks or loose parts you can get a facelift for as low as $1,000. Getting colorful new tiles, revitalizing your cabinets, changing lights or plumbing fixtures can give the room a whole new look. You can update the wall treatments just by getting a fresh coat of paint or you can update the electrics of your bathroom to accommodate towel warmer or similar tech.