Whatever the reason for your bathroom renovation, you should prepare for success by preparing for what could easily become a huge financial obligation.
Find out if your bathroom is worth investing in and read our top five tips to avoid costly renovations before you start your project.
Is it worth?
Well, that depends on the purpose of your bathroom renovation. If it’s very personal and you want to upgrade your existing bathroom, it can be worth it.
When looking to add resale value to your home, there are a few numbers to consider first.
Some of the costs that can be expected from a typical bathroom renovation can range from hacking, masonry, carpentry, electrics, materials, and plumbing.
Your primary concern will be return on investment (ROI) if you are looking to remodel your bathroom before selling your home.
It’s important to know that the average return on bathroom renovation projects is around 70 percent. This isn’t the lowest ROI, but it can become an expensive endeavor.
You can answer the question better – is it worth it – if you can reduce the costs of your bathroom renovation and at the same time take advantage of the ROI.
1. Research bathroom styles and materials and know your numbers
It can be overwhelming to choose between the many different styles and materials.
However, before making a decision, consider the average cost of the various styles and materials most commonly used in bathrooms in Singapore.
Use the images above to get a quote on the ballpark and visit different vendors and suppliers for quotes.
If you consider a style and type of materials before speaking with a designer, the first visit will be smoother and set the tone for the entire renovation process.
2. Establish your priorities before meeting with a designer
Another tip before meeting with a designer is to clearly rank the features that are most important to your new bathroom.
Your priorities can change at any time, but some extra preparation will speed the design process.
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When you know what doesn’t matter, you and your designer know where to cut costs and improve your new design.
If you’re on a tight budget and don’t want to compromise, there are Renovation loan available.
However, knowing that upgrading your toilet and bathtub is a priority can save you money, for example, by finding the right design to match your existing tiles or lighting fixtures.
Ultimately, your renovation priorities have a strong impact on whether your bathroom renovation was worthwhile and cost-effective.
3. Keep your cables where they are
A great cost-saving tactic is to leave your plumbing where it is. Major structural changes, especially to your plumbing, can quickly add to your overall bathroom renovation budget.
The table above shows some typical costs to consider when moving the plumbing to a bathroom. Moving your plumbing should not be confused with replacing your plumbing.
As the pipes get old, the renovation project is an excellent opportunity to replace some old pipes.
4. Indicate what materials you can use
The designer’s job will also be to recommend materials to you.
If the designer is worth his weight, he will make solid recommendations and offer cost-saving options. Even so, doing a little research is good practice.
Consultations with a designer usually don’t include sourcing raw materials like granite countertops or used faucets for sinks, faucets and lights.
Taking this into your own hands can save you money per square foot. Check out some Singapore property sales to find hidden gems like vintage bathroom vanities and more.
5. Update or renovate
Maybe you’re looking for a change of pace but aren’t sure how big a renovation project is to tackle. In this case take into account refreshing Some features of your bathroom instead of completely renovating the space.
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For example, it’s understandably difficult to look at old, worn tiles.
Instead of replacing them, reworking can bring back their classic look without hurting your pocket.
Similar to the sink or the vanity. Refinishing the countertops and paint on the sink and vanity is considerably cheaper than replacing it.
If you’re looking to replace, replacing the facets can transform your interaction and enjoy your existing sink or tub.
As a homeowner, take control of your bathroom renovation project and you will be amazed at the potential cost savings.
This article was first published in ValueChampion.
