September 4, 2020
How to Budget for a Bathroom Refinishing
September 4, 2020
The average price homeowners pay for a bathroom refinish project is $10,532. Updating the essentials of a small to medium-size bathroom alone can cost anywhere between $3,500 to $7,000. For larger bathrooms, it’s not uncommon to spend upwards of $25,000. Regardless of the size of your project, one thing’s for sure, you have to budget for it. Here’s how.
Do Your Homework
Start budgeting for your project by doing some research. Research all your options for your bathroom refinishing project. Are their contractors that specialize in this area? What do you want your bathroom to look like? Are there parts of your refinishing project that you can do on your own? There are many ways that you can do research in addition to searching the internet such as:
- Trade shows
- Talking to professionals
Set Realistic Expectations
I think we’d all love to have a refinished bathroom that’s fit for a five-star hotel. However, not all of us can afford that level of refinishing, and that’s okay. Regardless of your budget, you can still create a bathroom that you’ll love. Set expectations before the project that way you can properly budget and plan a beautiful bathroom.
Expect the Unexpected
Anything can happen when you embark on a refinishing project. It’s almost guaranteed that you’ll end up spending more money than expected. That’s why professionals recommend adding a 30% cushion to your budget. That way, you’ll have the necessary funds to complete the project if you do encounter any surprises.
Do Some Budget Allocation
You might have a total budget for what you want to spend on the entire project; however, breaking down your budget into specific allocations can help you stay on track. For example, you can plan to spend 4 percent of your budget on design, 20 percent for labor, and 15% for fixtures (for example). These are not concrete but they can help keep you on budget.
Hire Bath Doctor for Your Baltimore Bathroom Remodel
When you’re looking to create a beautiful bathroom while staying on budget, Bath Doctor is your number one choice. For over 20 years we’ve been helping Maryland homeowners refinish their bathrooms with our 5-star bathroom remodeling services. Give us a call or contact us today and we can help you budget for a bathroom you can be proud of.