The most noticeable rooms in a new home turn out to be the kitchen and the bathroom; indeed, renovating these are also the most costly. Generally-speaking, the return on investment is worth it to homeowners because of how much more valuable the house is once it’s placed on the market.
So What’s the Cost?
Across the nation, the cost of renovating a bathroom by upgrading the tiles, vanity, toilet, fixtures, etc, runs about $19,000 according to Remodeling Magazine. In really upscale places such as New York City, you’re looking at 1.5 times this amount. Of course, if you intend for your bathroom design to possess amenities such as under-floor heating, then $60,000-$72,000 could be your final bill.
Keeping Your Bathroom Renovation Costs Down
There are many little alterations you can make to bring the final cost way down to a more comfortable tally. Consider what Pamela Dailey, an interior décor specialist based in New York, does: instead of using tiling all through the bathroom, employ a staggered, alternating pattern to slice your budget by more than half. You can use aluminum trim to make up the difference – it’s much less costly but doesn’t sacrifice performance.
1. Manage the Cost of Labor
Given all the fixtures and tiles you may want, it’s easy to overlook the fact that labor can be as high as 40 percent of your budget! Minimize the amount of new installations to cut down on time, as well as to eliminate (largely) the need to reroute any plumbing. You can easily save a quarter on your budget by maintaining the same general layout in your bathroom.
2. Go For Quality Fixtures
Don’t be tricked into spending less on the so-called “builder-grade” fixtures; these economy-class constructions tend to wear down quickly; costing you more money on the back-end. They’ll also scratch easily, making your beautiful bathroom renovations lose their luster with just a few weeks or months of post-production use. Basically – go for the higher-grade fixture when it makes sense.
3.Consider Ditching the Medicine Cabinet
This is an aesthetic change more than an economical one; although, it can serve that function, as well. If you replace the medicine cabinet with a full-length mirror, for example, you give the impression of a larger bathroom space. It’s also possible to have a much smaller cabinet and add a mirror anyway – it all depends on the specifics of the layout you choose for your bathroom design.
4. Check Out Garage Sales and Flea Markets
You’d be surprised at some of the high-quality or quaint items available at these markets. Sometimes, you can find end tables, mirrors and other decorations at a fraction of the cost it would run you in an upscale boutique. At the very least – they’re worth a look as you plan your renovations.