So, you want to remodel your bathroom but don’t want to break the bank? Join the club. Although the cost of a bathroom remodel varies depending on location, materials, age of the house, and what kind of renovations have already been done, a typical bathroom remodel can set homeowners back by an average of $15,000+. With that type of investment, it’s important to stick to a budget the best you can. Here are some budgeting tips to help you minimize the costs associated with a bathroom renovation.
Purchase Items Yourself
When it comes to bathroom fixtures, like bathtubs and vanities, you can save some cash by purchasing these items on your own. While it might be easier to hire someone to purchase these items for you, you can save thousands of dollars on your bathroom renovation by finding your own deals. Online retailers are a great place to start – in many cases, purchasing directly from the factory can save you up to 70 percent and includes free shipping. If you’re going for a vintage look, try estate sales, auctions, and Craigslist – you never know what treasure you’ll be able to find until you take the time to look.
Ditch the Professional Painter
Whether you’re a DIYer or not, performing some of the work yourself is a great way to save on labor. When it comes to painting, it’s a time-consuming (and expensive!) act that most people can do themselves. Once you’re in DIY mode, think about what other parts of the renovation you can do on your own: demolition, removal of popcorn ceiling, and installation of smaller fixtures often top the list of bathroom renovation projects that are suitable for even the least-experienced individuals.
Don’t Relocate Fixtures
One of the major costs in a remodel is moving fixtures. Not only does repositioning fixtures require a lot of extra materials and plumbing expertise, but it’s a time-consuming act and you’ll be shelling out extra on labor costs as a result. If you keep the same floor plan, you’ll save up to $2,000 on plumbing costs alone. Then, there’s the cost of the fixtures themselves: if that exquisite glass vessel sink is a must-have, then pick a standard no-frills toilet or tub to make up the difference. While it’s certainly acceptable to splurge, don’t splurge on everything- especially if you’re trying to stick to a budget.
Donate Your Trash
While this won’t save you money right off the bat, donating your “trash” will give you a little bit extra come tax season. Before you begin a remodeling job, invite the local Habitat for Humanity chapter to remove materials and fixtures for later resale. About 85 percent of a home is reusable, so you’ll save space in the landfill, collect a charitable tax credit for the donation, and help a good cause. The average cost of trashing bathroom fixtures is about $100, and the cost to donate is nothing and includes a tax deduction – so why wouldn’t you donate?
Make Decisions Early
Start walking the aisles at the hardware store or home improvement center months before you call a contractor for an estimate. This way, you’ll get a good feeling for what you want in terms of fixtures, design, and appliances. Additionally, you’ll know their cost and have an idea of what number the contractor will throw your way. If the number seems too high or low, let the contractor know. If you’re absolutely clear about what you want from the get-go, your contractor will be able to give you a better estimate and, once the demolition and remodel gets started, you’ll be able to better stay within budget.