How to Budget Your Osage Beach Bathroom Remodeling Project
Home improvement projects are almost always a fantastic investment, and remodeling or adding to your Jefferson City home can significantly raise its resale value. But it’s also important to remember that the project doesn’t need 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 worry! The expert remodelers at Handyman Solutions have compiled a few ideas that can help you keep your project within budget while greatly improving your home.
Ask What You Can-And What You Should-Spend
A bathroom remodeling project can very easily cost upwards of $25,000, but the amount that you spend doesn’t need to be near that. The amount that you’re willing to spend depends on the specifics of your Jefferson City home, your budget, and that you’re looking to achieve with the project. Start by taking an honest look at your finances and determine a budget that’s realistic for you.
When you’re deciding on your budget, also consider how much time you on continuing to live in your 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.
Cut Back on Your Costs
When you’re designing your bathroom’s remodel, don’t forget to account for the cost of labor. Labor costs typically make up 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 completely necessary. If you’re working with a smaller budget, figure out what parts of the remodel are totally essential, then see how much more room you have for other add-ons.
Leave Some Room
Of all the things that might go wrong while you’re remodeling any part of your Jefferson City home, the worst is having to go over budget. There are a lot of unforeseen expensive that may pop up during the process of remodeling, and you need to be sure that you’re prepared for that. When you’re planning your budget for this project, leave yourself as much wiggle room as possible.
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 professional Osage Beach remodeling contractors recommend that you have around 10% of your budget reserved for unexpected problems. At the end of the job, if you haven’t had to spend that portion of the budget, you can look into adding any features that you couldn’t fit into the budget.