We are all guilty of planning a bathroom remodel and automatically dreaming of the color schemes, fixtures, and materials that will be used without even thinking about cost. But when attempting an expensive project such as a bathroom remodel, the first thing you should do is to set your budget.
According to Remodeling magazine’s 2013 Cost vs Value Report, an average bathroom remodel will cost around $15,782. And depending on where you live, this amount may fluctuate. For homeowners living in the South, bathroom remodels can cost you a little less, while people living on the West Coast may have to spend more.
Before and After Bathroom by ArcWest Architects
Cost Saving Tips
For those who aren’t ready to commit to spending upwards of $16,000 for a complete bathroom remodel, consider spending money on aesthetic changes to make your bathroom feel new and improved without breaking the bank. Here are some easy DIY tips to make a big impact without spending hoards of money:
Paint: A fresh coat of paint can instantly freshen up even the most outdated bathrooms.
Fixtures: Update light fixtures, sink faucets, towel racks, and drawer knobs. Look online or visit antique stores to find unique and inexpensive fixtures.
Accessories: Buy a new shower curtain, decorative towels, or a picture to add an element of decor and style to your new bathroom.
For those who are ready to go all-out on a bathroom remodel, consider hiring a professional. Your bathroom involves plumbing and electricity, two things can go very wrong if you do not know what you are doing and can ultimately end up costing you more to fix your mistakes. Additionally, the bathroom is a very common room to find water damage and mold, which may require a larger scope of repair. But spending the money on a professional doesn’t mean you can’t save money in other areas of your renovation, here are some money saving tips for a complete bathroom overhaul:
Shop online: Shop online not only for great deals on towels and fixtures, but also for great prices on large purchases such as a new toilette.
Consider the amount of tile you use: Tile is expensive, so think about the amount of tile and also the type of tile you want to use. Instead of using expensive decorative tile all over your bathroom, choose a focal point in either the shower or the vanity backsplash to create an impact without overspending.
Go green: Save money even after your bathroom remodel is complete by choosing energy efficient plumbing fixtures. Look into high efficiency water saving toilets, low-flow shower heads, and low-flow faucets to conserve water and save you money.
Top image credit: Jackson Remodeling