How Much Does It Cost to Remodel a Bathroom?
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Costs of Bathroom Remodeling & Payment Options
A common phrase in real estate is that kitchens and bathrooms sell homes. As one of the highest return on investments homeowners can make, it’s no surprise that bathroom remodels are a popular home improvement project. But, the cost to remodel a bathroom might catch some homeowners by surprise.
So, how much does it cost to remodel a small or large bathroom? And, is it worth it? Let’s find out.
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Are bathroom remodels worth the cost?
On average, homeowners get 70% of their return on investment on a mid-range bathroom remodel. Even minor changes can increase the value of your home, making it a popular home improvement project. Aside from adding value to the home, remodeling your bathroom can improve the functionality of one of the most commonly used rooms in the house. While it's up to you to determine its actual worth, it can be a wise investment.
Bathroom Remodel Costs: Frequently Asked Questions
How much does it cost to fully remodel a bathroom?
The cost to remodel a bathroom can vary greatly based on your location and the scope of the work. However, nationally the average cost of bathroom remodeling is around $11,000. Different regions will have different price averages, but ultimately pricing will be primarily dependent on the materials used and how in-depth the remodel is.
What adds the most value to a bathroom?
If you're looking to add the most value to your bathroom, consider these key changes:
- Upgrading your shower or tub: The shower and tub are often the focal points of the bathroom, so upgrading or improving this area can add a lot of value.
- Improving the tile work: Changing the shape or color of the tiles can create a cohesive look and refresh the full look of the bathroom.
- Adding a double vanity: If you have the space, adding a double vanity can increase your storage and add surface area to your bathroom to make it more functional.
- Adding storage: Whether you add built-in cabinets or install a linen closet, adding more storage is always an easy way to increase the value and functionality of your bathroom.
Should you get a home improvement loan to finance a bathroom remodel?
Remodeling your bathroom sounds like a great idea until the bill comes and you realize how much a bathroom remodel costs. Even a small bathroom remodel can cost several thousands of dollars, making it tough for homeowners to afford.
A home improvement loan for a bathroom remodel is a fast and streamlined way to get the money you need for your bathroom remodel. With Acorn Finance, you can compare personalized loan offers within 60 seconds or less with no credit impact. Once approved you can receive funds in as little as 1-2 business days, although funding times can vary. With competitive APRs as low as 4.49%, depending on credit score, home improvement loans can be a good idea. Explore offers to see what you qualify for and consider the cost of the remodel to determine if a home improvement loan is right for you.
Costs of Bathroom Remodeling - What You Should Know
Why is a bathroom remodel so expensive?
Remodeling a bathroom is a complex and time-consuming remodeling project, even for professionals. One of the main reasons bathroom remodels are expensive is because of the skilled trades involved in the project. Even the best DIYers might need to hire a contractor, plumber, electrician or carpenter to fully bring their bathroom vision to life.
Another reason bathroom remodels are so expensive is because of the finishes like tile, porcelain and stainless steel that are expensive. These materials cost more to replace and remodel than other areas of the house, which also adds to the project's cost.
If you're wondering how to afford a bathroom remodel, a home improvement loan can help. Unlock competitive offers with no credit impact at Acorn Finance. Our network of top national lending partners are ready to earn your business.
What is the most expensive part of a bathroom remodel?
The most expensive part of a bathroom remodel is usually one of these areas:
- Labor: Hiring professionals to remodel your bathroom can be one of the most expensive parts of your home improvement project, with labor costing between $1,300 and $4,300 on average nationally.
- Tiling: Replacing or adding tile can be a large cost for your bathroom remodel. The average cost to install new bathroom tiles, including labor and materials, can range be about $12.50 a square foot. You can cut costs by opting for a ceramic or travertine tile, some of the more affordable options.
- Plumbing: Whether you're looking to install a new sink or replace a toilet, getting plumbing work done on your bathroom is an expensive part of a bathroom remodel. While the average is around $5,302 to install a new toilet, sink, faucet, two-piece tub and shower system, prices can range from $2,000 to $10,000 depending on the scope of the work.
How much does it cost for a walk in shower?
Adding a walk-in shower to your bathroom can "wow" your guests and potential homebuyers if your home hits the market. Plus, you can enjoy showering in it on a daily basis. But, they can be pricey. A custom walk-in shower can cost between $3,500 and $11,000. You can cut costs by using a prefabricated walk-in shower model, which averages between $3,000 and $9,000.
How much does it cost to change the layout of a bathroom?
Doing a complete gut of your bathroom and changing the layout is a complex and complicated project. Starting from scratch and changing a bathroom layout can cost between $30,000 and $40,000, but pricing can truly vary depending on the scope. If you plan to change the layout of your bathroom, try utilizing a room planning tool that can help you envision your new space. This can help with the flow of the room and provide your contractor with a visual guide.
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Conclusion
If you're ready to get started on your bathroom remodel but don't have the funds, consider a home improvement loan. Our network of top national lenders can deliver competitive rates that can make your bathroom remodel a reality. Check offers at Acorn Finance today!
What are the pros and cons of remodeling a bathroom?
While a refreshed and updated bathroom is a great home improvement, there can be disadvantages along the way. Consider these pros and cons before committing to remodeling your bathroom:
Pros
Increases home value: Remodeling a bathroom can garner one of the highest return on investments for all home improvement projects. Even minor remodels can recoup a healthy ROI.
Modernize or upgrade your space: If your bathroom is outdated or not your preferred style, remodeling your bathroom gives you an opportunity to customize your finishes and design. Creating a space that is truly YOU can improve your quality of life.
Love your home a little more: Remodeling your bathroom can help you fall in love with your home all over again. You’ve worked hard to be a homeowner so why not continue to make it a worthwhile investment by making home improvements.
Cons
Cost to remodel: Even smaller bathroom remodels can cost a lot of money, making it unaffordable for a lot of homeowners.
Construction can be disruptive: Since your bathroom is an important room in your home, having it out of commission during the remodeling process can be a big inconvenience for a lot of people.
Lots of options: While this can be considered a pro or con depending on how you spin it, remodeling a bathroom comes with a lot of options. Most of which impact the cost. This can overwhelm or discourage some homeowners.
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