You got a fantastic deal on your home, in part because of the master bathroom pretty outdated. You are so tired of the poor view of your master bath, but you also want to be sure you’re doing this remodel right; otherwise, you may be doomed to repeat a disaster.
Bathroom Remodels Can Be Good Investments
With remodeling projects, there’s the rare exception that will return the entire cost of the improvement when you go to sell your home or have it appraised for a home equity loan. Remodeling Magazine’s 2018 Cost vs. Value survey found that midrange bathroom remodels returned 70.1 percent of their cost for home sellers and universal design bathrooms returned 70.6 percent. Neither figure isn’t too shabby, especially when you consider that adding an entire midrange master suite only returned 56.6 percent!
However, even Remodeling Magazine is quick to point out that these gains only apply to well-executed bathrooms, and there’s always a chance that a remodel can go wrong. Before you even start to put a dollar figure on your remodel, take some time to research the master bath. You should look at similar remodels to the one you would like to do.
Practical Questions to Ask Yourself
Sometimes, remodeling can spark up a fantasy you always wanted which can lead to crazy spending. This is a good time to develop a list of things you really want. But before you look at your credit card, let the excitement fade a bit. You need to approach a bathroom remodel with a level head, or you may end up spending a fortune without adding much value to your home.
Consider these items before starting a master bathroom remodel:
#1. How does the existing setup work for me?
You may hate the purple tub, but it’s placed pretty perfectly. The vanity, however, seems like it was just dropped in place randomly and you hate it… Make notes on how the current configuration works or doesn’t so you can work on arranging the new parts properly.
#2. What are my goals for this bathroom?
Think about how you want to use this bathroom and how you want it to look. Maybe you need more plugs or more wall space. Perhaps you want to change the wallpaper, or make the tub bigger; make sure you know what you want. Figure out the why of your remodel long before you cut the first check.
#3. Should I be using Universal Design principles?
Universal Design is something that you’ve probably never heard of, but you’re still kind of thinking about anyway. Universal Design revolves around making spaces like bathrooms easier to access by everyone. That means people with disabilities, the elderly, anyone that might typically be excluded. For you, this is going to be about both resell, if that’s in the future and aging in place. While you’re young and able, convert as much of your home to a Universal Design if you don’t plan to move again — you’ll thank yourself later.
#4. How long will it take?
Any remodeling project can take a very long time to complete, especially if you’re doing most of the work yourself. This won’t be a weekend only project. It will take time, and your bathroom will be awful for a while — possibly months or years, depending on your budget and how much you work on it. If you’re hiring the job out, the contractor can give you a much better idea of their schedule, but since they’re highly motivated to get a check from you, even a massive remodel that involves knocking out walls shouldn’t take more than a couple of months.
#5. What’s it going to cost?
Estimating costs for a remodel is tough because it depends on the time it takes to complete as well as the expenses of the material, etc.. However, there are a few surveys that can help give us a peek at something like an answer. Remodel Magazine says that a mid-range bathroom remodel will run about $19k, and an upscale remodel over $61k.
That being said, there are a lot of factors that can change that price dramatically. The size of the bathroom now and the size it’ll be when the job is done are both huge variables. Another is whether or not you’re moving the plumbing. If you decide not to move your plumbing around, you will save tons of money. Sometimes all you need to do is twist a fixture around a bit to make it work better in the space.
If you’ve never remodeled a bathroom before, do not jump into it without a well thought out plan. At the very least, find a friend or family member who has a lot of do-it-yourself experience before you dive into a project of this scale on your own.
Or You Can Call a Pro
Your neighbor who fixes cabinets for fun is probably not the best person to handle your remodel. You need a pro because you can’t have that bathroom torn apart forever. Don’t worry, let your stress go.
Now is the time to call on your HomeKeepr family. They can recommend bathroom remodelers that know their stuff. If they didn’t, other pros wouldn’t be willing to refer them to their clients, would they?