How to Plan Your Bathroom Remodeling Budget
You have been dreaming about remodeling your bathroom for quite some time or perhaps just in the past few months. And now, you are wondering how to plan your bathroom remodeling budget. We can help! Working with a professional remodeler starting at the budget phase, you will find that at the end of the remodel, you will be able to enjoy your new bathroom knowing you made an educated investment to get the most for your budget.
As You Begin
Research online to answer key questions to identify your needs. What is the overall aesthetics you want? Houzz and Pinterest are good resources for all things design. What are the current issues with the space that need to be addressed? Is there a deadline for when the remodel needs to be complete? What investment are you willing to make? Are you ready to create a space where you can relax and unwind at the end of the day? First, you need to know how to plan your bathroom remodeling budget so that you align your wants and needs.
Your Bathroom Remodeling Budget
In general, terms let’s define budget. Budget, as a verb in our application, is the amount you allow or provide for an item. The total amount of money you are willing to invest in remodeling your bathroom is the budget. Most of us may have no idea what construction and material costs can add up to when remodeling.
Several factors impact the overall cost: the size of the space, the potential of water fixtures being relocated, the expense of the finish materials, and the labor to plan and execute the project. The budget should include an allowance for everything necessary to complete a remodel of the space. When creating your budget include the cost for all the finish materials: floor, shower tile and fixtures, shower glass, bathtub and fixtures, toilet, vanity, sink and faucet, mirror, paint, lighting, additional storage, bath accessories, and window treatments. Then the cost of labor.
If the cost of everything added up is less than or equal to your budgeted amount, you are almost ready to start. As a professional remodeler, we always discuss the potential of unforeseen circumstances or last-minute changes that may occur in a remodeling project. Set aside 5%-10% of your overall cost, depending on the scope of your remodel project, as a good buffer.
What if the Remodel is More Than Your Budget?
If your dream bathroom remodel is going to be more than your budget, you do not have to give up yet. There may be a way to get the bathroom of your dreams without breaking the bank. As your remodeler, we can show you superior products within your budget that are like what you selected. For example, Chrome finish fixtures cost, on average 25% less than the same fixture in brushed nickel. Also, there are several porcelain tiles made to look like natural stone, but they cost less and do not need additional maintenance.
With our help, you will find the materials that will fit your budget. If there are still budget issues with your dream bathroom remodel, we can also help you cut out some of the little extras that you will not need immediately. Additional luxury items such as a towel warmer can always be added later.
Last-Minute Budget Decisions
Keep your budget in mind as the remodeling project is being done. After demolition, many people recognize the potential for the space they had not seen before. You may need to or want to make some important last-minute decisions. You should work with your Contractor to investigate those last-minute or in-progress decision points. It can be easy to agree to an expensive item when the excitement of your new bathroom remodel is in progress. However, taking the time to realistically look at your budget can help you invest wisely and get what you want.
Spending the time preparing for your bathroom remodel can save you hundreds or thousands of dollars in the end. You will be prepared for any last-minute questions and have the answers ready instead of wondering what you should do, which in turn can delay the work being done. By working with a professional remodeler starting at the budget phase, you will find that at the end of the remodel, you will be able to enjoy your new bathroom without worry.
Let Us Help You Love Your Home Again
We will help you do the homework to make the best decisions regarding materials, colors, lighting, and flooring for your bathroom remodel. Call us at (480) 895-3442 to schedule your free 60-minute consultation! Our award-winning design team and craftsmen are ready to make your vision for your dream bathroom a reality.
You can also find ideas for your bathroom remodel on our project page here and at our sister company, Homework Remodels.