If you’re considering a bathroom remodel simply to increase the value of your home, you’ll be disappointed to learn that you’re going to spend more than you’ll get out of it when it comes time to sell. On the other hand, if you want to remodel your bathroom to enjoy it better, make it work for your family or because it’s time, the return on investment (ROI) shouldn’t really matter.
For the purpose of this blog, we’re going to use the data acquired by Hanley Wood Media Inc as compiled in their Remodeling 2019 Cost vs. Value Report which can be found here. We’re also going to look at three different bathroom remodel types, none of which are the master bathroom, which we’ll cover in a future blog.
Midrange Bathroom Remodel
The midrange remodel is for a typical secondary full bath. This means about 35 square feet and a tub/shower combination. Although your current tub/shower may be a single piece drop in unit, in today’s bathrooms, you’ll want ceramic tile surround. Another common change is from laminate to solid surface vanity which can mean granite, quartz or even cultured marble. The other major change is the flooring which needs to be tile. This bathroom remodel with new toilet, sink and fixtures will cost around $19,000 and bring you an ROI of just about 60%.
Upscale Bathroom Remodel
Perhaps your hall bath is larger or you’re needing to make it larger for a growing family. If that’s the case, you’re likely looking at an upscale bathroom remodel which averages $61,000. An upscale remodel includes 100 square feet of space and separate tub and shower. If you already have a large space and just need to remodel it, you’ll spend less than the $61,000 but if you need to move walls and use other space in the home, chances are good that you’ll spend the full amount.
As for design elements, the countertop must be natural stone with high-end faucets in the two sinks. The flooring, tub backsplash (if applicable), and shower all must be ceramic tile with the tile flooring at least 12”X12”. Although technically this type of remodel includes heated floors, that’s not such a common option for the Tampa area.
We’ve done more of this type of bathroom remodel recently. As more families either choose to age in place or bring an aging family member into the home, having a bathroom that works with a wheelchair or walker is more important than ever. Although this is an update to a bathroom that’s approximately 5’X7’, it can still be quite costly at close to $32,000. This is because of the modifications to the electric and plumbing to better someone in a wheelchair and the extent of the necessary tilework for a zero-entrance shower. Adding a comfort height toilet and grab bars disguised as towel bars also adds to the expense of this type of remodel.
No matter what type of bathroom remodel you’re looking for, we’d love to help you and your family. Call Jamco Unlimited at (727) 412-8524 for your initial consultation.