There will likely come a time in your life when you consider remodeling your bathroom. After all, this is a space you use every day for a variety of different reasons, so you should have it customized to your exact needs and style. But sometimes a bathroom renovation isn’t always the smartest idea. There are many things you need to consider before you start a bathroom remodel, and the following are a few things you need to think about before you start busting down walls and buying new bathroom essentials.
1. Cost and Budget
Bathrooms can be extremely expensive to renovate, which means that you need to truly consider how much it will cost compared to how much you have to spend. Take the time to think about exactly what you can afford on a bathroom remodel. Then, go to the store and start pricing exactly what you want. Consider items like tile, furnishings, mirrors, plumbing changes, fixtures, electrical needs, and anything else that will come with your bathroom. Then, add up those costs and compare them to your budget. If it’s too tight, understand that you will need to make some changes. Plus, it’s always important to add 10-20% buffer to your budget for unexpected costs. If you’re comfortable that you can get the job done for the right price, then you can go ahead.
2. Contractor and DIY
When remodeling a bathroom, you have two options: you can hire a contractor to complete the job, or you can do it yourself. Each one has its own pros and cons, so you need to weigh your options before you start. A contractor will likely be more expensive, but they will handle every aspect of the project. Plus, these individuals usually have other professional contacts, such as plumbing and HVAC installation and repair, so you’ll know the entire project will be completed by knowledgeable professionals. With DIY, you can get the job done for much less, but you’ll have to handle everything yourself, which can be challenging. Determine which is the right option for you before you start the remodel.
3. Remodel and ROI
When designing your bathroom, it’s important to think about the end result in terms of ROI (return on investment). If you spend $50,000 on a house that’s only valued at $150,000, you’re never going to get this money back. Make sure you are making changes to the bathroom that will allow you to collect your money back in terms of equity. Don’t make the bathroom too customized to your own style and taste that it won’t help the resale value of the home, and don’t spend too much on it if the home isn’t worth much to begin with. This will help ensure that you don’t end up in the hole.
It’s very important to understand that bathroom remodels may not always be the right solution. Instead, you need to take the time to think about the cost, the completion of the project, and the ROI. If all of these fall in line with one another, then you can rest assured you’re making a smart remodeling decision.
Article Submitted By Community Writer
