How to Budget for Your Bathroom Remodeling Project


 

According to a Houzz report, bathrooms are the second most popular room to renovate behind kitchens, and in this video, a handyman estimates the cost of a bathroom remodel. Many homeowners want luxurious, relaxing bathrooms but don’t know the total bill for such a home improvement project. According to Home Advisor, the average bathroom remodel costs $11,206. Of this, 40% to 65 % will be spent on labor, depending on location. For example, the bathroom remodeling Flint average is $6,153 while that of Portland is $14,056.

Aside from labor costs, the materials chosen affect the cost as well. Mid-range appliances and finishes can range from $1,500 to $3,000, while luxury and custom materials can creep up expenses to many thousands of dollars.


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Therefore, choose materials based on what you can afford. In general, the budget for the bathroom remodel should be between 5 percent and 10 percent of a home’s value. Keeping this in mind can help one plan within their budget though one should also use 20% of the budget to account for unexpected costs. On average, homeowners can expect to recoup between 57% to 64% of their bathroom remodeling costs.

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