The budget you create for your bathroom renovation should be realistic, including labor costs and unexpected expenses. The first thing to consider is what you’re willing to do on your own. While hiring a professional is an excellent idea, it’s better to put in some sweat equity. You can save money on labor costs if you’re handy with tools, or by moving cabinets. The money you save can be put toward other aspects of the renovation, or you can use it to cover other costs that might pop up along the way.
Bathroom Renovation Scope
Another important factor to consider when determining your budget for a bathroom renovation is the scope of the project. The amount of labor involved in the project will affect the overall cost. Before choosing the design of your remodel, it’s important to determine the exact cost of the work. This portion of your budget will be the largest component of the overall project. By taking time to properly plan out the plan, you’ll be able to receive a more accurate estimate and avoid surprises later on.
As with any home project, the scope of your renovation plays a big part in the final budget. It’s also important to estimate how much labor will be involved. In the bathroom, plumbing and electrical work are intricate and often require careful planning. Because bathrooms also tend to retain moisture, you’ll likely need to hire a contractor if you don’t know what you’re doing. If you don’t know about these issues in advance, it’s a good idea to budget for 20% of the total.
Selecting Bathroom Accessories?
When deciding on your bathroom renovation budget, take a look at what you already have and what you want to change. You may be surprised by what you find! In the end, a bathroom renovation can improve your quality of life and increase the value of your home. You’ll be glad you did. When you have the budget to spare, you can choose what you need. If you don’t want to spend a lot of money on the remodeling project, it’s better to have the right design before you start.
Impact of renovating a bathroom
When renovating a bathroom, consider the value of your home. An updated bathroom will increase the value of your home. The average return on investment for a bathroom remodel is 62 percent. This is far more than the return on investment from an added bedroom, which is typically worth thousands of dollars. Therefore, the cost of a bathroom renovation should not be underestimated. If you want to add a new shower or bathtub, consider a bigger renovation budget.