A Hudson Valley bathroom remodel is a great way to update your home while increasing its value. On average, homeowners recoup two-thirds of the remodel cost when selling their home. Yet bathroom remodels can exceed your budget and your time frame if you haven’t properly planned. Here’s what you need to know to budget and plan for a bathroom remodel.
How Bathroom Remodeling Projects Go Wrong
Knowing where other homeowners fail can help you chart a smart course toward a remodel that works. Too often, people fail to nail down either their budget or scope for the project. In some cases, a lack of design planning complicates the project halfway through.
If you don’t commit to the scope before beginning the remodel, you may wind up with scope creep. Once you start demolition work, the excitement of getting underway can cause you to add on design elements. Especially if you’re using websites like Pinterest or home remodeling magazines for inspiration, you’ll be flooded with cool ideas. The temptation to add them to your project is oftentimes too strong.
There is simply no way that you can plan a bathroom remodel without knowing how much you can spend and how much each component costs. If your wish list is larger than your budget, it’s critical to know what you need vs. what you want so you can scale back your plans — or find more cash to put into the project.
The third most common road block is a failure to plan properly from a design perspective. If you are simply updating fixtures and you aren’t changing the layout of the bathroom, you can replace like with like and stay fairly safe. Yet if you’re expanding the bathroom, replacing a built-in shower with a freestanding tub, adding bathroom storage, or otherwise altering the layout, miscalculations can be costly.
How to Plan for a Successful Bathroom Remodel
To get a handle on the scope, think about what you like and dislike about your current bathroom. Have you always dreamed of having a soaking tub, or a his-and-hers sink? Do you grumble about the lack of storage space for towels?
Using this information, create a list of needs for your bathroom remodel, along with a wish list. Knowing your needs vs. wants will help you prioritize when budgeting.
Whether you are financing the project from cash savings or taking out a home loan for the remodel, knowing your budget is key. When you have the numbers together, begin to comparison shop for fixtures. If you are re-tiling the bathroom, visiting a tile shop and view options is a good idea. When you’re hiring a contractor to perform the work, be sure you are finding the right company. You should feel comfortable and confident that they will deliver the result you want.
At Kehoe Kustom, we perform bathroom remodels throughout the Hudson Valley. Get your project off to a good start with a no obligations consultation.