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If you’re considering giving your home a bathroom refresh, your head is in the right place! According to Zillow, bathroom remodels yield the biggest return on investment and can boost your home’s resale value by $1.71 for every dollar you spend. On average, the return on investment for a bathroom do-over is high, ranging from 56.2 percent for an upscale remodel to 70.1 percent for a midrange one. On top of that, buyers consistently rank bathroom renovations at the top of their list of new home wants, so it’s one of those projects you know will be worthwhile in terms of value.
But renovating a bathroom isn’t just about increasing your home’s resale value and appealing to potential buyers. It’s also about helping you enhance the livability and enjoyment of your home for its current residents — you and your family. From adding roomier bathroom vanity cabinets and a double sink to swapping out old, water-damaged trim for fresh new tile, putting a little love into the water closet is a great way to ensure that you absolutely love your home. It also makes sharing the space and cleaning it just a bit easier.
But, just like the process of renovating a kitchen, renovating a bathroom can be time-consuming and exhausting. There’s the budgeting, the measuring and the selection process, all of which can send homeowners into a stressful tailspin that can leave them feeling totally overwhelmed. Luckily, the team here at Wholesale Cabinet Supply is here to help you approach your bathroom makeover the right way so you don’t get too stressed along the way. Read on for more information on how to tackle a bathroom refresh in the most sensible way.
Before you launch into the renovation process, it’s a good idea to think about what you want to get out of the project. This will help you prioritize where to spend your time and money. Ask yourself the following question: Am I renovating this bathroom for myself, for a future buyer or a little bit of both? For most people, the answer is a little bit of both, so it’s a good idea to consider what’s popular and in high demand among today’s house-buyers.
Before you begin your renovation, figure out a reasonable budget. The cost of bathroom renovation projects varies widely depending on where you live and the level of finishes you choose. The national average cost of a midrange bathroom remodel is $19,134, while the national average cost of an upscale bathroom design comes in at around $60,000. So, as you can see, you can really go as big or as budget-friendly as you’d like.
So what costs the most? The experts say that labor is the biggest cost associated with residential bathroom remodels, accounting for about 50 percent of the total project cost. Though it varies greatly based on where you live and your specific project, labor rings up to around $65 per hour for this kind of project, give or take 20 percent. Here’s a quick glance at how most people allot their bathroom renovation budgets:
With labor taking the biggest share of your renovation budget, you may be asking yourself if it’s possible to DIY some or all of your bathroom renovation in order to save money. Depending on how comfortable you are with this kind of work, doing some things yourself can be an excellent way to save some cash. With modern options like ready-to-assemble (RTA) vanities and click-together flooring, DIY options are nicer and more approachable than ever.
Now that you have an idea of where to focus your energy, it’s time to strategize! The fact is that, even if we’ve undergone a large renovation before, most of us feel completely overwhelmed at the idea of remodeling such an important room in the home. But as long as you approach it in the right way, you’ll be able to achieve your dream space without too much stress or hassle.
As we’ve already determined, bathroom remodels vary widely in terms of cost. It’s crucial that you determine realistically how much you can contribute to the projectbefore you pick out any finishes or commit to a design style. When it comes to any renovation, budget and space are the two biggest constraints, so you want to make sure you’re working within them from the very beginning to ensure a successful outcome. Remember to set aside about 10 percent for emergencies and unforeseen extras.
The next thing you need to do when getting started on your bathroom makeover is measure (and measure again). It helps to create a rough sketch of your bathroom, with measurements, so you can get a good visualization of what will work and how it will look. Some key measurements to know in the bathroom include:
Now that you have a good idea of your budgetary and space constraints, it’s time for the fun part — picking out your finishes! Since your labor costs will be relatively fixed, your finish choices are where you can really save (or spend) money. Luckily, each category of finishes comes in a broad array of options and levels, so you should be able to get close to the options you want while staying within your budget.
While a bathroom makeover seems like a whole lot of work — and, indeed, it is! — it will be worth it in the end. A brand-new bathroom brings additional functionality, style and quality to your home, which not only helps boost its retail value, but also enhances quality of life for you and your family. Wholesale Cabinet Supply is here to help you simplify the process with the best bathroom vanities. Ready to get started? Contact us for a free design and quote!
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