How to Budget Your Bathroom Remodeling Project
When you’re remodeling a bathroom, you don’t need to spend more than you can afford! The remodeling contractors at Nova Builds can help you get the most out of your budget for bathroom remodeling in Florence.
Home improvement projects are great investments, and remodeling or adding to your Florence home can raise its resale value significantly. But that doesn’t mean that the project needs to be expensive in order for it to be a great improvement.
If you’re looking for a bathroom remodeling project that won’t break the bank, there’s no need to worry! Here are a few ideas from the team of remodeling contractors at Nova Builds that can help you keep your project within your budget while you improve your home.
1. Ask What You Can (And What You Should) Spend.
The average bathroom remodeling project can cost around $26,000. However, the actual amount spent by individual homeowners can be hugely different. The amount that you’re willing and able to spend depends on your financial situation, your home, and what you’re looking to achieve with the project.
Start by taking an honest look at your financed and determine a budget that’s realistic for you.
When you’re deciding on your budget, also take into consideration the amount of time you plan on staying in your Florence home. If it's five years or less, then you're main concern should be how big of a return on your investment you can get when you sell your home.
If you'll be staying longer than that, then your main focus should be the comfort and enjoyment that your family will get from your new bathroom remodeling project.
2. Cut Back on Your Costs
When you’re planning your bathroom remodeling design, don’t forget to account for the cost of labor, which is usually around 1/3 of the entire cost of the project.
If you need to cut costs, start with any amenities that you’d like to include but aren’t necessary. If you’re working with a smaller budget, figure out what essentials your project needs, and see how much more room you have for any more add-ons.
3. Leave Yourself Some Room.
Of all the things that can go wrong with a bathroom remodeling project in Florence, the worst is having to go over-budget. There are a number of unforeseen expenses that could crop up, and you want to be sure that you’re prepared for that. So when you’re planning your budget, it’s best to leave yourself some wiggle room.
You should always be wary of any plumbing issues. Once you’ve gotten ready to redo flooring and install new fixtures, you might find out there are some budget-busting problems that you had no idea about. Be sure to have as many plumbing issues resolved as possible beforehand.
Our professionals recommend you have around 10% of your budget reserved for unexpected problems. At the end of the job, if you didn’t have to spend that, you can look at adding a few of the more luxurious options you got rid of while cutting back costs.
If you're looking for a bathroom remodeling contractor in Florence that will stay on budget, call Nova Builds at 843-601-2260 or complete our online request form.
Why Choose Us?
At Nova Builds, our Florence roofing contractors and general construction specialists are dedicated to providing the highest quality workmanship possible to every one of our clients. Our contractors understand how important your property is to you, so never take our responsibilities lightly, and we always do whatever it takes to make sure that you're happy with all of our work.
Regardless of how small or large the job is, you can always depend on us for great work.