The Average Cost of Master Bathroom Renovation
With the real estate market in the doldrums, more people are looking to remodel their existing home. One of the most popular rooms to renovate is the master bathroom. Does this Spark an idea?
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Scope of Work
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The master bathroom will usually incorporate a toilet, shower and tub, with a sink in a vanity unit. A renovation will often include tiling, wall finishes and flooring.
Planning the Space
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The average master bathroom is now only 50 square feet. Draw up a plan to scale and try different arrangements to see how they work in your space.
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Range of Costs
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The cost of remodeling will depend on the scope of work, the size of the space, the quality of the fixtures and fittings, and the location of the home. In 2010, prices could range from a modest $10,000 to $50,000 or more for an upscale project.
Return on Investment
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The good news is that the value of the home will be increased by about 70 percent of the cost of the remodeling in the first year.
Set Out Your Budget
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Whatever the size and scope of your bathroom remodeling project, it is essential that you write down a detailed budget before you start, remembering to include all the extras such as mirrors, shelves, and door hardware so that you get the whole picture.
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- Photo Credit Image by Flickr.com, courtesy of Axel Tregoning
