The cost of bathroom remodelling is an important consideration in home upgrades, not only to bring in the coveted steam shower or bathtub, but also to significantly increase the resale value of your home.
According to HomeGuide, the average return on investment (ROI) for bathroom renovations ranges from 60 to 68 percent, and the value of a remodel varies by bathroom fixture. To make a small bathroom upgrade give a big boost to your home’s value, you can have to invest a certain amount of money!
The National Kitchen and Bath Association recommends that 5 to 10 percent of a home’s value should be spent on bathroom remodels. In other words, if a home is worth $200,000, spending $10,000 to $20,000 on a bathroom remodel will provide a good return on investment.
The cost of a bathroom remodel is affected by a variety of factors, including materials, bathroom size, and labour. Below, we’ll detail the average cost of a bathroom remodel to help you better plan your budget.
So, how much does a regular bathroom renovation really cost?
The size of the bathroom renovation determines the cost. Small-scale renovations, such as painting walls, replacing small fixtures, or refinishing a bathtub, are relatively inexpensive. Large-scale renovations, such as installing a new shower, resurfacing floors or replacing bathroom wardrobes, are relatively expensive.
A survey by Harvard University’s Joint Center for Housing Studies shows that the average cost of a small bathroom renovation is $3,567, while the average cost of a large-scale renovation is a whopping $23,557.
Below, we present the average cost of each amenity remodel, one by one:
Shower
Updating a shower is considered a major project, and custom shower tile floors, glass shower walls, and automatic shower fixtures don’t come cheap. The average cost of a new shower is $6,576, roughly between $3,000 and $10,000.
Flooring
Replacing flooring usually costs between $800 and $3,500, or $7 to $20 per square foot. Choosing vinyl or linoleum materials is less expensive, while wood and tile are more costly.
Cabinets
Installing new cabinets can cost between $500 and $3,600, while remodelling existing cabinets can cost roughly $200 to $800. The cost of cabinet replacement is rising due to wood shortages and inflation.
Countertops
Replacing bathroom countertops costs roughly $15 to $60 per square foot, with an average cost of $450 to $1,500. Materials such as ceramic, tile, laminate and glue wood cost less, while high-end materials such as quartz, granite and terrazzo cost more.
Plumbing and electrical
If major structural changes are to be made, it may be necessary to hire a plumber or electrician. The cost of installing plumbing can range from $450 to $1,800 per fixture, and rewiring can cost between $2 and $4 per square foot.
Additionally, permits may need to be purchased from your city to complete these projects, and some places even require permits to replace water heaters as well.
Labour costs
If a general contractor needs to be hired, expect the average cost to be around $4,000. It’s getting harder and harder to find workers these days, so costs are rising.
So which bathroom remodels are most likely to rise in value?
● High-tech touchless toilets and faucets
● Clear, open showers
● Uniform bathroom colour scheme
● White cabinets
● Plenty of light
Next, a guide to bathroom remodelling
Imagine coming home every day to a warm bubble bath in a stylish freestanding tub. The bathroom is a haven of relaxation, and upgrading it can quickly improve your quality of life and sense of well-being.
If a limited budget is putting you off, don’t worry. With clever planning and scheming, you can achieve a beautiful bathroom makeover without breaking the bank.
Step 1: Careful planning
With any remodelling project, planning is the key to success. Create a detailed plan, keep track of your budget, avoid unnecessary spending, and make sure the project goes as expected.
Start with a clear budget and follow it as closely as possible. Create a wish list and make room for these items in your budget. Remember that you don’t need to buy everything at once, avoid impulse buying and consider the essentials first.
Step 2: Decide on materials
Choosing materials is an important part of a bathroom renovation. Tile is a cost-effective option, cheaper than natural stone but just as stylish. Quartz or granite remnants can be a cost-effective countertop option; they’re often cheaper than a full slab, but have the same luxurious feel. Ordering materials and matching hardware in advance not only prevents merchants from going out of stock, but also saves your budget through promotions.
Step 3: Refurbish accessories
Changes to small accessories in the bathroom, such as taps, shower heads and door handles, can dramatically affect the overall effect. Whether from the perspective of environmental protection and energy saving, or practical beauty, choosing stylish finishes such as matte black or brushed brass can instantly add a modern touch to your bathroom.
Step 4: Overall colour tone
With a simple paint job, you can give your bathroom a new look. Choose a paint that is resistant to mould and choose colours that make the space feel fresh and spacious. Light blues and greys are both excellent choices for bathrooms. Or use something like tiling throughout and use the new colours to make the whole bathroom space look bigger and brighter, and you’ll be in a better mood to use it every day.
Step 5: Lighting enhancements
The right lighting can really change the feel of a bathroom. Invest in layered lighting, using downlights to provide general lighting, wall sconces to provide vanity lighting, and add an attractive fixture to add a luxurious feel to the space.
In addition, a variety of smart appliances on the market, including smart toilets, smart mirrors and even smart lighting, can greatly enhance the experience of using them on an energy-efficient basis, adding more convenience to life.
You no longer have to worry about finding the light switch late at night, and children and the elderly can use the bathroom more safely.
In short, when considering the cost of bathroom remodelling, it is important to take into account a number of factors, plan your budget wisely and choose a remodelling solution that suits you.