Affordable Bathroom Renovations

A well-designed bathroom can add resale value to your home, but renovating this space can be expensive. To keep costs down, focus on functional changes like installing a non-slip shower surface or hand rails.

Replacing a dated sink faucet or toilet can instantly update the look for under $100 each. Other low-cost upgrades include bold peel-and-stick floor tile and a simple paint job.

1. Keep It Simple

Renovating your bathroom doesn’t have to be all about adding value to your home. You can also renovate to improve the space for yourself or your family, especially if you have younger children. If you have older relatives or plan to live in your home into retirement, consider aging-in-place features like hand rails and nonskid surfaces in the tub and shower area.

When it comes to cost, working with what you have and choosing affordable materials are the best ways to keep your budget in check. For example, carpeted floors can be easily replaced with tile, while dated counters can be updated with a new solid surface material. Engineered wood or laminate is more moisture-hardy than hardwood and can be a great option for homeowners on a tight budget.

2. Splurge on a Few Higher-End Materials

It’s important to determine a realistic budget before committing to a bathroom renovation project. This will allow you to keep your spending in check and not go into debt to get the perfect bathroom.

This can mean that you may need to rethink some upgrades and opt for more cost-effective solutions such as painting walls instead of replacing them. Using bold peel-and-stick tile as opposed to buying full-sized, designer tiles can help reduce your costs.

Another area you may need to reconsider is your countertop material. If you want something that’s easy to maintain and looks beautiful, quartzite is a great option. But if you’re willing to spend less, you can find some amazing laminate counter options that are similar to the look of granite.

3. Look for High-Impact Low-Cost Changes

A bathroom renovation can take a lot out of a budget. Even a modest remodel can cost thousands of dollars, depending on the scope of work and materials used. To help mitigate unexpected expenses, it is best to build a contingency fund into your budget. Ideally, you should have about 10-15% of your project’s total costs set aside as an emergency fund.

To control costs, try to avoid extensive plumbing rerouting or installation. For example, moving a toilet from one wall to another can significantly increase the cost of a renovation. Instead, focus on upgrades that will have a big impact for a relatively low cost. For example, painting or refinishing cabinets or upgrading shower and tub fixtures can be cheaper than replacing them altogether.

4. Don’t Underestimate the Power of Accessories

A modern bathroom doesn’t have to cost you a fortune. Even smaller aesthetic changes like adding wall art or a new shower head can have a big impact on the final look of your renovation.

Another great way to add value is by upgrading your vanity and sink. This can be done with a new bathroom mirror and sink skirt, or by covering up outdated countertop with faux marble contact paper-like film that’s easy to apply and much less expensive than the real thing.

If you decide to replace the vanity, be sure to choose a design that will complement the existing flooring and wall color. Varying the finishes in your bathroom is also a good idea, so don’t be afraid to mix silver faucets and oil-rubbed bronze light fixtures with polished chrome showerheads.

5. Invest in a Personal Loan

If you’re going all-out on your bathroom renovation, you may be wondering how to pay for it. While you can save up to fund your project, it’s often easier to use personal loans when it comes to home improvements.

With a personal loan, you can snag low-interest rates and get your cash faster than with other financing options. Plus, you don’t have to worry about leveraging your home equity or losing valuable property.

Financing your remodel also gives you the opportunity to prioritize energy efficiency upgrades that reduce utility bills and carbon footprint. Plus, you can add safety features like grab bars and walk-in showers that support independent living. These upgrades will appeal to future buyers and demonstrate your commitment to sustainability.

from Canberra Bathroom Renovations Specialist https://ift.tt/XAh9cLr
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