You know we LOVE us a good bathroom remodel. We love the thrill of the demolition, the removal of very, very dated items replaced in the end with the sexiest finishes of your dreams.
A bathroom remodeling project can transform the look of a boring space as well as add value to your home. However, with the average cost of a full-scale remodeling project exceeding $10,000, it is crucial to have a defined plan in place when setting out to improve your home by redoing the bathroom. Devising an effective plan starts with asking yourself the right questions,
and going into the process with concrete answers is the best way to ensure everything is as painless as possible.
How Much am I Willing to Spend?
Naturally, the first step in a home improvement project of any kind should be to establish a firm budget. The total figure should include more than the base price of the planned improvements, factors such as material costs and labor are as much a part of the cost of a remodeling project as any new decor.
One of the most expensive aspects of a bathroom remodeling project is relocating fixtures, as this frequently requires plumbing and electrical work as well as carpentry and general labor. You can find bathroom supplies online from ABL, but determining what the most you’re willing to spend on the project beforehand is the easiest way to limit the potential damage to your wallet.
What Do I Absolutely Need?
Unfortunately, the time comes for many an ambitious remodeler when some tough choices will have to be made. There are a broad range of design options for the modern bathroom that range from the impressively practical to the lavishly impressive, and adding all the latest bells and whistles to your dream bathroom can quickly add up.
For this reason, it’s best to decide which improvements are the highest priority when first starting out, this way other, less essential elements can be trimmed or substituted with basic products if necessary.
How Long Will I Live Here?
If you’re among the lucky few with more than enough resources to handle a bathroom remodeling project, you may want to consider the maximum potential value of your home. If you plan to sell within the next 5 to 10 years, your total remodeling budget should reflect a percentage of the average home value in your area to prevent overinvesting. A good rule of thumb is to limit your budget to 10 percent of your total home value.
Will Everything Go Perfectly?
Do you believe that the entire remodeling process will go through without a single hiccup? That there won’t be a single change of plans, materials, contractors, or time frame? If not, it’s best to budget some additional overage funds from the start when calculating your budget. Delays and detours are almost inevitable during a home remodeling project, and so it is a good idea to budget at least 5 percent of the total project cost for unforeseen expenses.
Bathroom remodeling can be an easy way to improve the feel of your entire home, but the expenses can quickly get out of hand unless carefully managed. By asking yourself the right questions from the very beginning, you can expect to get a bigger return on your investment while spending less overall.
So if you are willing to live though mayhem, stress and sleepless nights and images like this forever seared into your brain...
Then the rewards and possibilities are endless.......