Remodeling a bathroom may not be inexpensive, but it’s an investment that will increase the resale value of your home.
Before you embark on this project, be sure to carefully plan and budget. Furthermore, hire a contractor with relevant experience and skillset for the task at hand.
Cost of Materials
Updating your bathroom can be a rewarding project that increases the value of your home, but it comes at a substantial expense.
Before beginning a bathroom remodel, it’s essential to determine your budget. This is the key to making your renovation successful.
Material costs are a significant component of bathroom renovation costs. The more money spent on materials, the higher your project overall cost will be.
The cost of materials for your bathroom renovation will depend on the size and features you include. For instance, a full remodeling project that adds top-of-the-line appliances and luxury features could push up costs by hundreds of thousands of dollars.
Bathroom renovation projects typically use tile, paint and lighting. Flooring can range from linoleum to hardwood depending on your preferences.
Cost of Labor
Labor costs are a significant component of your bathroom remodel project, regardless of who you hire or if you do the work yourself. Labor rates depend on the size and amount of hours necessary for completion.
For smaller projects such as painting a room, a handy homeowner may be able to save labor costs; however, if you want to splurge on new sink and toilet, then hiring a contractor is likely necessary.
On average, a small powder room remodel will cost between $1,500 and $2,250 while a larger master bathroom renovation could reach up to $13,500.
In addition to labor costs, other renovation costs may include demolition, damage repair and rerouting plumbing and electrical hookups. Depending on where these fixtures are situated and your local plumbing and electrical codes, this could be an unavoidable cost of your project.
Cost of Permits
The cost of permits required for a bathroom renovation can add significantly to your project budget. The amount charged depends on the size and complexity of the work being done, but generally speaking the more complex the project, the higher the permit fees will be.
Permits are necessary for any electrical, plumbing and structural alterations made to your home. This includes moving walls, rerouting pipes and adding electrical outlets.
Obtaining permits is essential for remodeling projects, as they guarantee your home meets local building codes and prevents fire hazards. Fortunately, permits don’t have to be expensive–the average cost per permit ranges from $175-$2,000 depending on where you live; however, larger projects may incur higher fees.
For a comprehensive bathroom remodel, you will likely need electrical, plumbing and HVAC permits as well as a general construction permit. Prices for these permits can range anywhere from $400 to $750 but be sure to expect multiple inspections throughout the duration of your project.
Cost of Equipment
As with any renovation, the cost of equipment can be a major consideration in your bathroom remodel budget. While many elements used in a bathroom remodel remain unchanged, some elements may require costly replacement or repair if damaged beyond repair.
Replacing a tub, toilet or vanity can be costly. Altering the layout of a bathroom may also prove costly if it involves moving plumbing fixtures or downsizing the room.
Mold remediation is another common cost associated with bathroom renovations. Mold can cause a variety of health issues, so it’s essential to address this problem prior to installing new fixtures and materials.
One way to reduce costs on a bathroom remodel is by avoiding unnecessary changes to the layout. Making unnecessary alterations can increase the project price tag by necessitating additional plumbing, electrical work and even taking out load-bearing walls.