How to Remodel a Bathroom and Save Money

Read article : How to Remodel a Bathroom and Save Money

A full-scale bathroom remodel—even a midrange one—recoups only about 55% to 65% of its cost at resale, so it pays to keep your spending in check. Limit your budget to 5% of your home's value for a powder room or guest bath and 10% for a master bathroom, says Omaha appraiser John Bredemeyer, a spokesman for the Appraisal Institute.

Nationally, a midrange remodel averages about $18,000, while an upscale job comes in at around $57,000. Use these tips to stay sane and keep your renovation from blowing your budget.

To Save the Most, Don't Move the Pipes

Keep costs down by installing a new sink, tub, or toilet in the same location as the old one. In a second-floor bathroom, that could save $200 to $500 on each fixture, says design-build contractor Mark Mackmiller of Eden Prairie, Minn., because you won't have to pay to run new supply lines and drainpipes.

One caveat: On a first floor, the savings aren't as big, provided you have a crawl space or basement access.

Know Which Splurges Are Worth It ...

There are three features that add luxury and efficiency to a master bath, Mackmiller says. Dual sinks allow you and your spouse to get ready for work or play at the same time. (Figure an added $500 to $2,500, depending on whether you need to steal space from adjacent closets or rooms by moving walls.)

A separate walk-in shower and soaking tub are more comfortable than a tub-shower combo ($2,000 to $8,000, again depending on available space). And a toilet room creates privacy while allowing the overall bathroom to be a truly shared space ($1,000 to $5,000).

... And Which Aren't

You'll likely fall in love with all sorts of natural-stone tile options for floors and shower walls. But you can save $500 to $1,500 on the average job by going with a stone-look porcelain tile instead. You'll get nearly the same variety of color and texture but with less cost, easy upkeep, and no sealing required.

You'll Never Regret a Heated Floor

Anyone who has ever set a bare foot on cold tile will appreciate a radiant floor, which is heated by an electric element installed under the finished tile. Set it on a programmable thermostat, and you'll have warm tootsies when you wake up.

Radiant heat adds about $500 to $1,000 to the bill, but it will make you feel warm all over.

How I remodeled my bathroom for just $2,400

Read article : How I remodeled my bathroom for just $2,400

By: Amy Fontinelle, July 21st 2013The average cost of a midrange bathroom remodel is $15,782, according to Remodeling Magazine's most recent cost vs. value remodeling report. While the conventional wisdom says that bathrooms and kitchens sell homes, such projects typically only recoup 65.2% of their cost in the home's resale value in today’s market, the report shows. Even so, that return makes bathroom remodeling one of the most valuable home improvements on our list. Of course, averages can be misleading. People who do expensive projects push the averages far beyond what the typical homeowner spends. Despite the high cost and negative return on investment, Consumer Reports says bathrooms are second to kitchens on homeowners' lists of rooms they want to remodel. The guest bathroom was high on my list of things to remodel in the fixer-upper home my husband and I bought in 2008. How we budgeted We weren’t about to spend $16,000 to remodel the bathroom. We were thinking more like $1,500 to $3,000. We faced a much lower potential expense because our bathroom is only 5 feet by 7 feet. That’s about the smallest space into which anyone outside of New York City can squeeze a bathtub, toilet and sink. We decided not to touch the bathtub, the surrounding tile or the shower doors. We don’t love them, but we also don’t use them, and they can be hidden nicely behind a shower curtain. We also wanted to reduce our risk of experiencing a bad remodel with an expensive leaky shower problem. To avoid laying out a ton of cash at once to pay for the remodel, we bought things gradually over five months and stored them in our garage. This strategy also let us take advantage of sales and coupons as they came up, which saved us $150. Time and money trade-offs Our plan was to hire a professional contractor to do everything. We had waited so long to remodel that we didn’t want to mess it up with an overzealous attempt at doing it ourselves. After some difficulty in finding a reliable professional, we learned that an acquaintance worked for a general contractor. The catch? We would have to take a chance on someone less experienced. But then, we only had to pay $600 for labor, or 25% of our total cost. What we didn’t foresee was that our contractor would need a lot of help from my husband. He didn’t have a crew. We ended up with a combination of professional help and DIY. The project was supposed to take three days. It took much longer, but we were happy with the finished product. Here’s what threw off our schedule: The bathroom vanity we so meticulously picked out didn’t match up with the sink plumbing. We had to shorten one of the drawers and cut out an extra notch in the back of the cabinet to make it fit — a multiple-day project. We had to replace the piece of wood flooring that transitions from the hallway to the bathroom. That meant two trips to the store to find a matching piece and a lot of woodworking to make it fit. After the first intense week of renovation, we dragged our heels finishing up out of sheer exhaustion. All in all, we didn’t have full use of our bathroom for three weeks instead of three days. Total cost Fortunately, we didn’t have any significant unforeseen expenses. What really added to the total bill were all the little things we didn’t think about budgeting for: tile spacers, caulk, a mixing bucket, assorted plumbing parts. All told, the remodeled bathroom cost just under $2,400, including tax and labor. Here’s how we spent our money: Bathroom Budget Breakdown

Item	Cost
Professional labor	$600
Floor cabinet	$318
Granite counter top with built-in sink and granite backsplash	$240
Toilet	$231
Wall cabinet	$173
Ceramic floor tiles	$130
Light fixture	$113
Grout, tile spacers, floor base, thin-set mortar, trowel, bucket and sponge	$90
Sink faucet	$85
Paint, primer, sandpaper, paint samples and paint tray liners	$59
Plumbing supplies	$55
Toilet seat	$32
Wood floor trim	$29
Trash can	$27
Shower curtain	$27
Granite samples	$26
Mirror	$26
Towel ring	$20
Shower curtain rod	$19
Caulk and liquid nails to seal toilet and counter	$17
Light switch and electrical outlet covers	$15
Toilet flush handle	$12
Baseboard	$7
Pull chain for bathroom vent fan	$4
Total	$2,355

If we hadn’t already owned tools like a screwdriver, level, drill and wrench, we would have spent a little more.

Where we didn’t skimp

We could have saved money by purchasing floor tiles that were sold by the tile instead of by the box. We weren’t able to return six unused tiles worth about $20.

We also could have purchased less expensive tiles, but since we had such a small space to cover, we didn’t mind splurging on a pricier choice.

We could have spent $100 less on a toilet, but we hated our current toilet and didn’t want to repeat the experience. We went with a highly ranked, best-selling model.

The plastic seat that came with our toilet looked and felt cheap, so we shelled out another $30 for a nice enameled one. Same goes for the toilet flush handle.

We didn’t buy apartment-grade fixtures. We knew from experience that they aren’t a good value in the long run.

Had we been on a tighter budget, we could have cut our expenses.

But it was worth saving for longer to get what we really wanted.

How to make your own remodel affordable

If you’re planning your own remodel, here are some tips for cutting your costs without sacrificing quality.

• Don’t borrow money. Paying interest adds to your cost. Save up and pay cash.
• Do anything yourself that you can. Most people can at least paint.
• Design your project yourself, if you have a decent eye.
• Buy nicer stuff from the big-box stores instead of high-end stuff from a specialty store.
• Pick out what you want, then wait to see if it goes on sale or you find a coupon.
• Don’t rent a trash container. Instead, gradually throw out the waste with your regular trash.

Whether your goal is to remodel a bathroom for resale or for your own enjoyment, doing it the way we did makes a lot of financial sense because you may never see a financial return on your investment.