If your bathroom is looking a little tired these days, we have some ideas for you! Not everyone can afford a total remodel but if new towels and accessories are not transforming your bathroom like you want, here are some ideas on where to save and where to splurge.
Budgeting remodel tips
First, let’s look at the condition of your bathroom. The cost of remodelling a bathroom can be pricey but if you look at what really needs to be done vs. what you want to have done is a good starting place for your budget.
If you have old fixtures and water damage, this needs to be done. However, if everything is in good shape, a refresh might just be what you need.
Here is what you need to focus on:
- Bathtub and shower
- Vanity and sink
- Counters
- Flooring
- Toilet
- Décor
- Labour
Renovation costs
An average bathroom can cost around $12,000. However, depending on what you do it can range between $6-17,000. It depends on where you want to spend your money.
Light refresh: new lighting, hardware, and décor.
Larger refresh: sink, toilet, vanity.
These changes won’t cost you as much as you are not changing the layout.
How can you save money?
- Update some of the elements, not the layout.
- Reface, don’t replace cabinets. Cabinets and shelving can eat up 25% of your budget.
- Select less expensive finishes.
Where to splurge?
Pay for a professional to do the labour if you are not a DIYer.
Splurge on necessary fixtures – toilet and shower.
Return on your investment
Changes to your bathroom will always be a good return on your investment (ROI) if done right! A bathroom can increase your ROI by up to 70%, depending on the quality of the bathroom and the updates.
If you are not sure if your bathroom needs an update when you plan to sell, contact our Anne Winch Real Estate Team to find out what needs to be done to increase the value of your home!