The bathroom is one of the most important rooms in the home to keep up-to-date—not just because you spend a lot of time in there, but because it can influence the market value of the entire home. That said, remodeling a bathroom can be a great investment if you do it the right way. While you want to make sure it’s a comfortable space that fits your personal style, you also don’t want to pour in so much money that you couldn’t recoup it later if you were to sell the home. If you’re considering remodeling your bathroom, here are some tips to help make it a worthwhile investment:
Making a Budget and Design Plan
The first part of remodeling your bathroom should be to make a reasonable budget. A contractor and/or designer can help you estimate total costs and choose the elements that meet your preferences while also staying within budget. Making a design plan, rather than winging it as you go, will help you ensure that each purchase has a purpose.
If you need to cut out some things to stay within budget, consider luxuries (e.g., a steam shower, a heated toilet seat, etc.) but not essential components that will raise your home’s value. Also, be sure to factor in the cost of labor (typically about a third of the total cost), and try to leave a cushion for unforeseen issues such as plumbing, asbestos or termite damage. In general, it’s good to set aside about 10% of the estimated labor costs. The average cost of a bathroom remodel in Seattle is close to $50,000. In this case, you would budget about $16,500 for labor and $1,650 for a cushion.
Splurging on the Low-Cost Stuff
When you’re budgeting for the remodel, think of the entire cost scale for the items you need to purchase. Things like storage solutions, accessories, towels and other linens are the perfect kinds of items to splurge on because they’re on the lower end of the cost scale. And even though they’re the less expensive items, you can still save on them by shopping at home furnishing stores like Crate and Barrel. Moreover, finding a promo code or Crate and Barrel coupons will earn you further savings.
Things to DIY
There are some things you can do yourself during a bathroom remodel that will save you money. For instance, you can choose the fixtures and install most of them, including light fixtures, towel bars, drawer handles, sink faucets and shower heads. You can find plenty of affordable options for these fixtures (drawer handles, for example) at Home Depot. You can also bring some life to the bathroom by re-caulking around the sink and tub.
One of the most significant ways to upgrade your bathroom by yourself is painting. Just use a lot of tape and take your time when painting around the tub/shower, sink, toilet, mirror and other areas you can’t touch. Lowe’s offers a variety of affordable semi-gloss paints, which are easier to clean than other types of paint.
Things Not to DIY
There are also some things that you should not try to DIY. For example, you should call a professional for any plumbing that’s more involved than changing a faucet or fixing the flush handle. Also, any electrical work you need done should be completed by an electrician, because it’s simply too dangerous. Furthermore, it’s generally a good idea to leave the removal and installation of tubs, showers and other large pieces to the pros.
Bathroom remodels can add comfort to your daily life and raise your home’s value. For it to be a good investment, however, it’s important to make a reasonable budget and design plan and stick with it. If possible, splurge on the lower cost items like towels and accessories, and look into projects you should and should not DIY. Planning your remodel beforehand will help the whole process go more smoothly.
Photo Credit: Burst
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