Remodeling your bathroom from time to time is a great idea that, ultimately, can result in a greater return on your home. It can improve the style and even the function of this room, and it may increase the value of your home almost dollar for dollar in some cases. While the return can be significant, you may have a fixed budget that you are working with. Estimating a realistic cost for your project up front can help you to avoid unpleasant financial surprises along the way.
Create a Firm Design Idea
Before you can create a budget for your project, you must first determine what you want to accomplish in your space. It is most affordable to keep the layout or footprint of this room the same, so understanding the impact of your design ideas on cost is important. When designing your bathroom, think about how each of your ideas may help you to save money or may cost you more money.
Think About Cost of Demolition and Waste Removal
You may have plans to gut the entire space down to the studs in the walls, or you may want to keep some of the features in place during your remodel. All projects will come with significant waste, and this includes the removal of existing features as well as waste products from the new materials you will be using. Consider if your curbside pick-up will remove these items for you or if you will need to pay for special hauling and waste removal.
Estimating the Cost of Materials
The cost of your materials will be a considerable expense for your remodeling project. Saving some of your existing items, such as a bathtub or toilet, can help you to reduce this cost. You may also be able to repurpose a few of your other fixtures with repairs and repainting. For materials that you do need to buy, consider inexpensive options, but plan for mid-range costs. This will give your budget some “wiggle room” to adapt to an unexpected expense.
Getting Quotes for Labor
Some homeowners will complete the entire project on their own, and this can save you a small fortune in labor costs. However, if you are not comfortable with your ability to complete the work with accuracy or in a safe manner, it is best to contact a professional. A specialist from Shorty’s Plumbing & Heating Inc recommends getting a consultation, at the very least, before starting any do-it-yourself plumbing or electrical projects. An expert’s opinion can go a long way towards making sure your renovation is completed safely and efficiently.
Your bathroom remodel can be quite affordable if you plan your budget around the scope of your project, how much work you plan to do on your own and the types of materials you plan to use. As you prepare your budget, keep these factors in mind.