Budgeting for a Bathroom Renovation

Bathroom renovations top the list of the most common home renovation project types.  Whether your bathroom renovation is sparked by a leaking or burst pipe or by a desire to upgrade your finishes and fixtures, the process is still the same.  First you will need a plan of attack (that's where professional designers-like myself- come into play), then you will need to select you finishes, fixtures, and accessories; and finally you will need to hire the right building professionals to make your renovation a reality.  

To help you establish a budget the National Kitchen and Bath Association recommends you break down your renovation costs into eleven categories:

1.)  Design:  4%

Photo courtesy of Kustom Home Design

 Hiring a professional designer will ensure your investment is as beautiful as it is functional.

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 Detailed drawings help the contractor stay on time and in budget.

2.)  Installation:  20%

 The largest chunk of your budget will pay for skilled labor costs so you have plumbing and tile that won't leak or crack.

 3.)  Fixtures:  15%

Photo courtesy of Kustom Home Design

Photo courtesy of Kustom Home Design

Plumbing fixtures like showers and tubs are an important design element and they should account for a large portion of the budget.

4.)  Cabinetry & Hardware:  16%

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Cabinetry and hardware, such as knobs & pulls, make up a significant amount of a bathroom budget while also making a significant visual impact.

5.)  Countertops:  7%

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 Countertop prices vary dramatically depending on the material selected, but they usually account for 7% of the budget.

6.)  Lighting and Ventilation:  5%

Photo courtesy of Kustom Home Design

Photo courtesy of Kustom Home Design

  Wall sconces, recessed lighting, accent lights, exhaust fans, and pendant lights make up 5% of the budget.

  

 

 

 

 

 

 

 

7.)  Flooring:  9%

Photo courtesy of Kustom Home Design

 Tile flooring works well in bathrooms, but if  you heat your tile floor expect this portion of your budget to increase.

8.)  Doors & Windows:  4%

Photo courtesy of Kustom Home Design

Photo courtesy of Kustom Home Design

Don't forget about the cost of new doors or windows while developing your renovation budget.

 

 

9.)  Walls & Ceilings:  5%

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10.)  Faucets & Plumbing:  14%

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 Faucets, plumbing controls and mixing valves are all important and expensive parts of your bathroom renovation.

11.)  Other:  1%

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 Somewhere along the way you will find a unique item, design element or product you won't want to live without.

The average bathroom renovation cost is $16,000.  In my experience, guest or kid's baths tend to cost between $15,000 - $20,000 while master baths usually cost between $20,000-$35,000.  You can spend less than these amounts and you can certainly spend more; however, you should try to budget 5%-10% of your home's value on a bathroom renovation.

 If you are considering a renovation project in the Upstate of SC and you don't know where to start or how to proceed, contact Kustom Home Design for a free initial consultation.  We are in the business of making your renovation dreams a reality.