Remodeling a bathroom will not only bring a fresh look to the home, but it will also pay off in increasing the value of the property. However, before embarking on a Miami bathroom remodeling project, you may be curious to know how much money you need to set aside for such a project. Let’s find out.
What factors play a role in the cost of a bathroom remodel?
The factor that will impact your budget the most is the size of the room. Also, labor rates, the quality of the fixtures and materials you select, whether you are thinking of changing the layout of the existing bathroom or expanding its footprint, and any specialists you may need to hire. When you add all of this up, you can understand why a large, luxurious bathroom can run over $30,000. Although if all you want is to change some fixtures in a small bathroom, you may have to spend around $2,500.
You may also come up with a good estimate for your new bathroom by calculating the cost to remodel it per square foot. You can expect a bathroom remodel’s cost per square foot to run between $120 and $275. Again, the difference will reside in the quality of the fixtures and materials plus labor costs.
If you are thinking you can tackle the project on your own, costs per square foot will decrease to as low as $70 to $100. Although before making this decision, you should consider whether the construction experience you have is enough to get this project done from beginning to end or if you will require to call in a pro halfway through the remodel, in which case the final number will certainly grow.
You can expect to spend between $1,500 and $4,500 in labor costs alone. This figure will easily be reached if you consider that a plumber will charge you $50 to $150 per hour, an electrician will charge $40 to $100 an hour, painters will run you between $1 and $6 per square foot, and drywall installation costs between $1.50 and $3.50 per square foot.
A general contractor will charge you between $30 and $90 an hour, and if you require interior design services, a designer can charge between $50 and $200 every hour.
Before the remodeling can begin, your existing bathroom will have to be gutted or demolished. This can run you between $400 and $2,000 depending on the size of the room, if all fixtures are being removed or some need to be saved and if any walls will be coming down.
Also, it is always recommended you put aside money for a contingency since it is quite common for old bathrooms to hide damage, wood rot, leaks, and other problems that may affect how solid the subfloor is and may call for additional labor and material costs.
If the bathroom will be expanded, expect to add between $2,000 and $12,500 to your final budget to cover additional tiles, a larger vanity, a more luxurious shower, as well as installing new plumbing pipes, rerouting electrical, and installing new framing and drywall in the expanded section.