When you’re planning a bathroom remodel, the sky is the limit, depending on how much money you have to spend and how much space you have to work with. If you are like many homeowners, you get bathroom remodel ideas by looking online, reading magazines, talking to friends, and touring homes. When you price it out with a contractor, you may have sticker shock as the cost to put it all together can be high. To make sure your expectations match your budget, do some research ahead of time to find out the cost of popular features in a bathroom remodel.
Putting a Price Tag on Bathroom Remodel Dreams
One way to assess the costs of upgrades is to look at what is included in the 2015 Remodeling Magazine survey of Cost vs. Value. While your costs will vary according to where you live and whether you do everything on the list for what they consider part of a “modest” job or an “upscale” one, this will give you a good starting point for average costs and values for popular projects.
What is a Modest Bathroom Remodel
If you are doing a modest bathroom remodel, you might expect to pay $15,782 nationwide. This might consist of updating an existing 5′ x 7′ bathroom to include:
-A new standard white toilet
-A new 30″ x 60″ porcelain-on-steel tub with 4″ x 4″ ceramic tile
-A new pressure-balanced shower control
-A solid-surface sink with built-in sink
-A new recessed medicine cabinet with light
-A ceramic tile floor
In return for these basic updates, you might expect a 65.2% return on your investment.
What is an Upscale Bathroom Remodel
If you decide to go for a more luxurious bathroom remodel, you might spend $50,007 nationwide. This might consist of updating an existing 5′ x 7′ bathroom to 100 square feet within the current house footprint and include:
-Costs to relocate all fixtures and replace them with colored ones
-A new tub with a customized whirlpool tub
-A separate 42″ x 42″ shower with ceramic tile walls with accent strip, built in recessed shower caddy, body-spray fixtures, and a frameless glass enclosure
-A stone countertop with two sinks
-Double mirrored and lighted medicine cabinets
-Cabinets with custom drawers and base cabinets
-A one-piece toilet placed in a compartmentalized commode area
-A ceramic floor tile floor with larger tiles laid on the diagonal with ceramic tile base molding
-New general and spot lighting that includes a waterproof shower fixture.
-A humidistat-controlled exhaust fan
-Extend the HVAC system to cover the new space
-In-floor heating and heated towel bars
In return for these basic updates, you might expect a 58.3% return on your investment.
Find a Great Contractor
A bathroom remodel does not have to include everything on this list, but when attending to all the possibilities, costs add up quickly. To ensure you get the most value for your money, work with a contractor experienced in residential bathroom remodel jobs.