So, what makes a bathroom style modern after all? In my search for answers, it…
Bathroom Budgeting: The Real Costs of a Bathroom Remodel
Does the idea of budgeting for a bathroom renovation make your bank account hurt? Whether you’re taking care of big problems or simply wanting to beautify your space, the idea of a renovation can be overwhelming—both mentally and financially.
Let’s help you figure out what you can expect.
Traditional Bathroom Renovation Budgets
Depending on what needs to be renovated and how bougie your decor style is, you can expect to spend anywhere from $30,000 to $50,000 with a typical bathroom renovation.
That’s a lot—we’ll wait while you take a few deep breaths.
In addition to your financial budget, you’ll also want to consider your time budget. A typical bathroom remodel takes, on average, 23 days to finish. That’s a little over 3 weeks.
Try not to get discouraged though. With Five Star Bath Solutions, you can save both time and money, all while getting lasting, quality products that won’t need to be fixed in a year or two.
Our average bathroom renovation cost is $10,000 to $15,000—significantly lower than the average remodel.
Keep reading to see the Five Star Bath Solutions difference.
Structural Surprises Increase Renovation Cost
Why is there such a dramatic cost range? Different bathrooms need different changes.
The priciest bathroom remodels are those with structural or plumbing issues. In these situations, you won’t be able to simply pull out the old and plug in the new.
It can be tricky to know how much will need to be done when you get started.
You can’t see through the walls behind your shower or the wood under your flooring. Plumbing problems might not be immediately apparent. Sometimes, this leads to unfortunate surprises once your renovation gets started.
Because of this, many home renovation experts recommend adding at least 10% to your bathroom budget to provide for these surprises.
Give yourself a little wiggle room with that 10%. Those phone calls asking for a little more money are almost inevitable with traditional renovations. Nobody likes those calls, but they’re not as big of a deal when accounted for.
This is why, at Five Star Bath Solutions, we perform a free moisture meter test at the very beginning to check out the state of your bathroom—we’ll know what is happening behind the walls long before we start working.
Our thorough in-home inspection and “No Surprise Guarantee” means you’ll pay exactly what we estimated, guaranteed.
Fixtures Can Make or Break a Budget
When you’re determining your bathroom renovation budget, you’ll want to look at what you’re replacing.
What do you want to add or take out?
- New Vanity
- Lighting Fixtures
- Storage Space
The price of each option ranges based on quality and branding. What you choose to do will impact the budget dramatically.
A new bathtub, for example, usually ranges anywhere from $4,000 to $11,000. Simple shower inserts can be as low as $400—or as high as $10,000 for luxury options. New vanities usually cost between $300 and $3,800, but depending on size and materials can run significantly higher.
No matter what you choose it’s important to understand that these choices have a BIG impact on your final budget numbers.
Who Should Build It? You, or a Contractor?
Another aspect of your budget to consider is whether you want to hire a contractor or do the remodel yourself.
A DIY remodel can save money….
But, only if you don’t need to call someone after starting to help because you’re in too deep.
Consider Your Own Expertise Level
It will cost you, rather than save you money, if you get halfway through and realize you’re not going to be able to finish on your own.
When you’re making the decision on whether you DIY, you’ll first want to consider what you’re fixing and the scope of the project.
Simple projects like updating a vanity or painting the walls don’t require much expertise, and may be easier and cheaper to do yourself.
However, if you’re going to be dealing with plumbing or larger scope projects, you may want to hire an expert depending on your own level of expertise.
Consider the Time You Have Readily Available
Also, consider the amount of time you have—time is an important part of any budget!
- How much time do you have to work on this project?
- How long will you be without a bathroom?
- How long will the water need to be shut off while working?
Some people thrive on household projects. However, if you don’t want to spend your weekends and evenings getting your bathroom into a usable state, a contractor may be the best option.
If you hire a contractor, you’ll want to have clear communication so you know how much time you can expect to spend without a functional bathroom.
If you need a quick, quality install, Five Star Bath Solutions performs installations in just 1-2 days—you can get a new bathroom with minimal downtime!
Bathroom Renovations Are an Excellent Investment
Looking down the barrel at a big remodel can feel overwhelming. You might start second-guessing if you want to renovate after all. That leaky sink and stained grout aren’t that big of a deal, right?
Don’t let yourself settle for an unhygienic or unattractive bathroom.
It can be done in a cost-effective way—and it can positively affect the value of your house.
Return on Your Investment
Bathrooms have an excellent return on investment in the value of your home, recouping the majority of your costs by adding to your home value. The return on investment for an average bathroom remodel is anywhere from 60%-85%. Depending on what was done and how recent the work was finished, it will move around on that scale.
Beyond the dollar amount increase, potential buyers notice the bathrooms—a renovation can make a house much more appealing and more marketable!
With higher marketability comes competition amongst buyers, and higher offers as a result.
Let Five Star Bath Solutions Renovate for You
There’s no doubt about it—renovations can feel overwhelming. With rising costs and labor shortages, it can be hard to find what you need for a price you can afford.
Fortunately, Five Star Bath Solutions makes it easy for you to get the bathroom of your dreams.
- Our renovations are significantly less expensive than a traditional remodel.
- Our contractors can start sooner and finish faster than any of our competitors.
- You’ll know exactly what to expect price-wise after our inspection and consultation.
So, is it the right time for a bathroom remodel? With Five Star Bath Solutions, it certainly is. We offer 0% interest for 12 months and clear communication on costs.
We can build the bathroom of your dreams on your budget!
Call us at (855) 970-BATH or check out fivestarbathsolution.com to learn more!