Budgeting Tips For Bathroom Remodeling Projects

When you are planning a bathroom remodeling project, you don’t need to spend more than you can afford! The professionals at REMCON Design Build can help you get the most out of your budget for this project.

Home improvement projects are great investments. Remodeling your home can raise its resale value significantly as well as update it for your pleasure. But that doesn’t mean that the project needs to be expensive for it to be a great idea.

If you are looking for a bathroom remodeling project that won’t bust the budget, there’s no need to worry! Here are a few ideas from our handyman pros that can help you keep your project within your budget while you improve your home.

Always Ask What You Can and Should Spend

The average bathroom remodeling project in San Diego costs around 12,000 based on 2019 figures. However, the actual amount spent by individual homeowners can be way different. The amount that you’re willing and able to pay depends on your financial situation, your home, and what you’re looking to achieve with the project.

Start by taking an honest look at your financials and determine a budget that’s realistic for you. When you’re deciding on your budget, also take into consideration the amount of time you plan on staying in your home. If it’s five years or less, then the main concern may be how big of a return on your investment you can get when you sell your home.

If you are staying longer than that, then your primary focus should be the comfort and enjoyment that your family will get from your new bathroom.

Decrease Your Expenses

When you’re planning your bathroom remodeling design, don’t forget to account for the cost of labor, which is usually around 1/3 of the entire cost of the project.

If you need to cut costs, start with any amenities that you’d like to include but aren’t necessary. If you’re working with a smaller budget, figure out what essentials your project needs, and see how much more room you have for any more add-ons.

Expect Unexpected Remodeling Problems

Of all the things that can go wrong with a bathroom remodeling project, the worst is having to go over-budget. Some unforeseen expenses could crop up, and you want to be ready for that. So when you’re planning your budget, it’s best to leave yourself some wiggle room.

You should always be wary of any plumbing issues. Once you’ve gotten ready to redo the flooring and install new fixtures, you might find out there are some budget-busting problems that you had no idea could show up. Be sure to have as many plumbing issues resolved as possible beforehand.

Our San Diego remodeling contractors recommend you have around 10% of your budget reserved for unexpected problems. At the end of the job, if you didn’t have to spend that, you can look at adding a few of the more extravagant options you got rid of while cutting back costs.