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It’s no surprise that bathroom remodeling is costly, but it’s a good investment that can also add resale value to your home in the long run. It’s also a worthwhile expense considering that it’s one of the most used rooms in the home.
According to Remodeling magazine, a midrange bathroom renovation in the US can cost you close to $19,000. If you’re living in New York City, this cost can shoot up to $25,000. If you’re looking to go all out with high-end finishes and luxurious amenities, you can expect to shell out upwards of $60,000. However, high-quality products also tend to be more durable and resistant to leakages, which is worth considering.
So how much will a bathroom remodel cost you in 2021? Let’s take a closer look.
Bathroom remodeling costs heavily depend on the material used. At the minimum, homeowners usually replace their counters, wall tiles, shower or tub fixtures, and sink.
In New York, the material costs for such items range from:
It pays to know the difference between material costs because there is a wide variety of materials available in the market. Make sure to choose the ones that suit your budget and style.
Labor is another area where homeowners usually end up spending a chunk of their bathroom remodeling budget. The cost of labor largely depends on the job and the contractor you choose. In general, local plumbers in New York charge anything from as little as $50/hour to as much as $150/hr. Expert labor might also be required for electrical work or tiling. In New York, the hourly rate of an electrician starts at $40 whereas tiling your bathroom can cost between $1,500 and $3,000. All these costs add up and can make a dent in your budget if not kept in check.
The bathroom is likely the first place you visit each morning and the last one each night. A bathroom with the right ambiance and the correct lighting can set the mood for the rest of the day. Per fixture, lighting costs anywhere from $25 to upwards of $300 and more for something high-end.
In the preparation stage of bathroom renovation, the old bathroom fixtures are removed and the space is prepared for the installation of new amenities. This stage often includes stripping the walls and flooring for framing and leveling before installation. Flooring prices largely depend on the material you’ll choose, but plan an average of $2,000.
An important consideration when it comes to flooring is the bathroom size. Some bathrooms are 40 square feet, while others are more than 100 square feet. Therefore, depending on the size of your bathroom, flooring costs can differ widely.
Bathroom cabinets are arguably one of the most important aspects of a modern-day bathroom. If you need storage space, consider installing a bathroom vanity which is essentially a combination of a sink and the structure around it. The cost of a bathroom vanity ranges from $300 to $3,800 with an average cost of $1,500. Almost every bathroom has a medicine cabinet (or two) as it helps improve functionality. You can get your hands on a budget medicine cabinet at around $50. However, if you’re in the mood for something high-end, that can set you back upwards of $500.
There’s much more to a bathroom renovation than we might give it credit for. Did you know that the average person spends 1.5 years of their life in the bathroom? Now that’s worth considering as you upgrade your bathroom space. If you’re looking to get your bathroom remodeled, get in touch with us at Block to learn more!