Getting The Most Out Of Your Bathroom Renovation
You want to remodel your bathroom, but you don’t want to break the bank, and that’s a distinct possibility with any home renovation project. Here’s the skinny on how fat your wallet needs to be to do the remodeling job that you want. And once you know what costs what, you can figure out what sacrifices you are willing to make to stick to your budget.
According to cost vs value reports, a mid-range bathroom remodel is approximately $10,000. The report also estimates that such a job will recoup 102% of its cost at resale. An upscale bathroom remodel is estimated to cost $25,000 — a hefty jump in price — and to recoup about 93 percent of that on resale. An upscale remodel includes increasing the square footage of the space, relocating fixtures, adding windows, etc.
It’s easy to spend $25,000 on a bathroom renovation. If you don’t have that sort of dough, a remodel is all about compromise. Think about what elements in your bathroom you most want to change and what you can live with and without.
Here are some tips that will help guide your decisions to help you get the most out of your budget.
1. Floor Plan:
One of the major costs in a remodel is moving fixtures, such as the toilet, sink and tub. If you can keep the same floor plan that you have now, you’ll spend less on plumbing.
All fixtures serve the same purpose; tubs hold water, faucets provide water and toilets flush water. This being said, they do so on both ends of the cost spectrum. For example, you can purchase a toilet anywhere from $99 – $2500. My recommendation to you is 3-fold. Firstly, never buy from the cheapest end of the spectrum, you will get what you pay for and will most end up replacing the fixture within the first 5 years. Secondly, buy a respected name that is associated with building quality products; Kohler, Grohe and Hans-grohe are three companies I always turn towards to meet my client’s needs. Thirdly, I find it best to set yourself a ‘fixture budget’, this way you set a limit for yourself and allow a solid mix of midrange fixtures with a high-end of two sprinkled in to satisfy the design guru in you.
3. Tile Selection:
Like fixtures, tiles can be purchased on either end of the tile spectrum. However, unlike fixtures I actually recommend using tiles that can be purchased on the lower end of the spectrum with great success! In fact, with the proper tile design coupled with a show-piece vanity and countertop, no one will know your tiles weren’t imported directly from Italy!
Take this bathroom for example. All of the tiles used were purchased at $5/sqft and under!!
4. Adding a WOW factor:
Every room needs a focal point. I personally think a custom vanity and countertop is a fabulous way to take your bathroom from ordinary to awesome.
I will again use this bathroom as an example. By properly managing our tile budget we were able to add this awesome custom walnut vanity and concrete counter-top with trough-sink!
5. Keeping your toes warm:
If it will fit your budget, install heated floors; they are a must! If heated floors are not in your budget, consider installing cork flooring. It is inexpensive, comes in a variety of colours, and it is naturally water resistant and insulating.
Take this bathroom for example. By installing a cork floor instead of tiles and a heated floor, we were able to afford this stunning custom shower with rain-head.