How to Budget for a Bathroom Remodel

A bathroom remodel comes with many benefits, such as increased space, better aesthetics, and improved resale value. It can be exciting to kickstart your remodeling project and watch your space transform. But, before you start shopping at those bathroom design stores, it's important to straighten out your budget. Here are some tips to keep in mind.

Consider Your Final Vision for Your Bathroom

You have used your bathroom so many times, and the fact that you're considering a remodel means that you know the space still has room for improvement. When you picture your ideal bathroom, what do you see? If you have a larger bathroom, there's more space to cover, and that automatically means you need to work with a bigger budget. Similarly, if you need a more elegant bathroom with high-end fixtures, this will cost more. The extent of upgrades also matters because cosmetic upgrades might not be as costly as major changes, such as an overhaul of your plumbing or electrical system.

Factor In Your Home's Total Worth

The value of your home also has a big influence on your budget. Generally, it's best to keep bathroom remodeling costs to between five and 10% of the total value of your home.

Find the Best Bathroom Design Stores

Now that you know what you want to change and how much you should reasonably spend, the next step is visiting bathroom design stores either online or in person. This will help you develop a more accurate budget since you can browse various options, check their prices, and determine if your goals match your budget. However, it's crucial to keep in mind that remodeling costs don't just cover the price of products. You have to consider installation costs and other expenses. It's also a good idea to set money aside for unexpected expenses.

According to a Home Advisor report, American homeowners spend just over $1,100 on average on house maintenance each year. The good news is a bathroom remodel can even lower your maintenance costs if you upgrade certain areas, such as plumbing and electrical. By avoiding common budgeting mistakes, you can still come out on top even when shopping at the best bathroom design stores. Get in touch with us to start browsing our quality collection of toilets, showers, vanity sinks, and more.

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