Bathroom remodeling projects can be huge and it can often be difficult to keep track of the budget. Without properly Calculating Your Bathroom Remodeling Costs and budgeting, you can blow the budget and not get the desired results. Therefore, it is important for homeowners to get a proper breakdown that defines the scope of the project, the cost and other factors. Because with proper planning, a homeowner can make sure the quality of work is not compromised. As a result homeowners then get the outcome they had hoped for.
Calculating Your Bathroom Remodeling Costs – Houston TX
According to the Cost vs. Value Report by Remodeling magazine, the cost of a mid-range bathroom remodeling project can reach $10,499 or higher, depending on various factors such as where you live, the type of remodeling project, etc. But the good news is that you can recoup almost 102 percent of the cost when you sell the property. The National Kitchen & Bath Association (NKBA) offers homeowners with an approximate break down of the costs of bathroom remodeling project:
- Design fees: 4%
- Installation: 20%
- Fixtures: 15%
- Cabinetry & hardware: 16%
- Countertops: 7%
- Lighting and ventilation: 5%
- Flooring: 9%
- Doors and windows: 4%
- Walls and ceilings: 5%
- Faucets and plumbing: 14%
- Others: 1%
Here are some factors you should consider when calculating the cost of bathroom remodeling projects.
- Planning the Remodeling
Before you start with the cost calculation, decide what kind of remodeling you are looking forward to. Do you want a mid-range remodel like installing a toilet, a tub with tile surround, a double sink, etc. or do you want an upscale remodel like adding a window, moving existing fixtures, etc. You also need to determine the necessities. Make a list of what you must have and what would be great to have. Because having a list of things will make it easier for you to calculate the costs.
- Get Breakdown from the Contractors
Since Houston bathroom remodeling projects are very complex. Most homeowners will have to hire a general contractor. In order to get the work done properly. So find the best contractors in your area and ask for breakdowns for the remodeling project. Discuss your requirements and get the breakdowns from a number of contractors. Because this will help you compare the rates and decide which contractor offers the best rates for the type of remodeling you are looking forward to. A number of websites offer online calculators to get an idea of the project cost, use them to get an idea of the approximate cost. Finally, this will make it easier for you to understand which contractor gives the best rates.
- Consider the Fixtures
A major portion of the budget will be gone to acquire the fixtures and material. So it is important for homeowners to make a comprehensive list of things that would be required for the remodeling project. This will include fixtures, plumbing elements, countertops, shelves, toilet, shower, cabinet, finishes and everything else. The cost will differ depending upon the quality of the fixtures and materials, so talk to your contractor and determine what quality would be suitable for your remodeling project.
- Design the Bathroom Carefully
A lot depends upon what kind of design you are looking for. For instance, if you need the bathroom to be designed from scratch, then you must shed a lot of money; whereas if you keep the existing elements in place and make other changes, then the cost would be lower. Decide the layout depending upon your budget.
- Shop Smart
Once you have made the list of the items necessary for the remodel, get an idea of how much the fixtures and materials may cost. Compare prices from various online stores or visit local stores to find the best deals. Some ways in which you can save money are:
- Repurposing furniture and using them for the bathroom remodel
- Choosing off-shelf items
- Looking at end-of-season sales, discontinued products, etc.
- Finding low-cost alternatives
- Include an Overage
Adding an overage of about 10 to 15 percent to your final budget is recommended. So you can make sure you have enough money in case there are over runs. Calculating your bathroom remodeling costs is often a necessity, especially in older homes. It’s also a great way to improve your home’s value if you are considering selling off your property. Planning and budgeting is crucial when it comes to a bathroom remodeling project. Because if you’re not careful, you can easily end up spending a lot more than you had planned for. These tips will help you understand the potential costs of bathroom remodels and determine the budget that’s best for you.