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Helpful Advice for Remodeling Your Bathroom
by Ray Flynn @DIYGuys.net
Bathrooms are some of the most commonly used rooms in the entire home. Despite their frequent use, however, many people neglect their bathrooms save for a biweekly cleaning. This combination can leave the bathrooms feeling and smelling unpleasant. If you’ve just moved into a new place or are hoping to breathe new life into an old home, a thoughtful remodeling can work wonders for your bathroom. Here is some helpful advice for anyone taking on a challenging bathroom renovation in the near future.
Set a Reasonable Budget Beforehand
Everyone has an idea of what their dream bathroom would look like, but some people might be limited by their budgets. After all, the last thing you want to do is dive headfirst into an expensive renovation just to realize that you can’t afford to finish it. To avoid this catastrophe, you should set a reasonable budget beforehand. With this information, you’ll know exactly what you can spend to maximize your remodeling project.
Start by considering your available funds and compare those with a rough estimate for the cost of your renovation. Don’t forget there is a stark difference between luxury and economic projects. For example, a new shower door could set you back a manageable $250, but a luxury model could cost more than $1,000. Countertops are another good example. You can get an economical model for a few hundred or something luxurious for thousands of dollars.
If you’re lacking in funds, there are options. You can take out a personal loan or opt to refinance your home. The latter can be more beneficial since a refinance not only allows you to pull out equity in your home for improvements, but it can also mean a lower monthly payment. The next step here is to determine how much equity you have in your home, then shop around for lenders and interest rates.
Focus on Items with the Best ROI
ROI isn’t only helpful when measuring monetary return; it’s also a great tool for judging the benefit of any investment. When it comes to renovating your bathroom, focusing on the fixtures and furnishings with a higher ROI will get you more for less. Since you can’t measure any income from your bathroom, you’ll have to judge the return in terms of aesthetics — in other words, how good your bathroom looks after the change.
Using this heuristic, you’ll want to focus on the adornments and items in your bathroom that bring about the best changes for a relatively minimal cost. Things like faucets, wall color, lighting fixtures, and cabinets will give you a large ROI due to their low cost and large impact on the feel of your bathroom. More expensive changes like a new bathtub or tile floor will have a smaller ROI because of their relatively higher cost.
Choose Wisely Between DIY and Hiring a Professional
Unless you’re a professional contractor, you’ll have to outsource some of the remodeling work on your bathroom. And with a bathroom remodel, you probably should consider bringing in an interior designer who can see your vision and make it a reality. The trick to getting the most out of a renovation is knowing when to tackle a project yourself and when to hire a professional. When you handle projects on your own, you’ll be saving a significant amount of money. However, pros are needed to handle the larger and more significant aspects of design and renovation that are too specialized for the average person. The extra cost is worth the convenience and reassurance that everything is being done professionally.
If you’re tired of using an outdated and grimy bathroom every day, you should consider an in-depth renovation. With the right tactics, you can transform your bathroom into an inviting and relaxing space. Following this advice will help you achieve this goal without breaking the bank.
Photo Credit: Pexels
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