Your 2024 Bathroom Remodeling Cost Guide

Every home has a bathroom, and since they’re such a necessity, it only makes sense that we invest in them. Everyone knows the bathroom is one of the most common rooms to remodel. 

There’s no right or wrong time to renovate your bathroom; you know when it needs work.

According to estimates from King County in Washington State, “Replacing a standard 5 x 7′ bathtub/shower with a handicap accessible 48″ shower will cost $4,000 minimum. That does not include replacing tiles.”

Are you planning to renovate your bathroom but worried about the cost? Don’t fret! There are plenty of options available when it comes to bathroom parts and products, so you can find the perfect solution to fit your budget and needs.

We’ve got all the answers for you! Look at the cost list below, including everything from average costs and incomes to common mistakes and tips.

Average Costs:    

Overwhelmingly, replacing flooring comes out on top with an average of $650. New showers and sinks are the next on the list with a cost of roughly $400.

Income:  

The national average income is approximately $50,000 a year. 

The cost for a bathroom remodel depends on the location, condition of your home, and what you want to change or add. The average price for a significant renovation in the U.S. is $67,623.

If you plan to keep your existing fixtures and flooring but update them with new finishes, it will be much less expensive than a complete gut job that requires all new parts and fixtures. Here are some costs to consider when planning a bathroom remodeling project:

  • Bathtub/Shower replacement: $3,000 – $10,000
  • Replacing light fixtures: $200 – $2,500 per fixture
  • Kitchen or bath cabinet replacement: approximately $3,700
  • Flooring replacement: approximate costs range from $10 to $75 per square foot
  • Painting/wallpaper removal: $4 to $8 per square foot
  • Minor plumbing repairs: average cost is about $1,000 – 2,000
  • New faucet installation: The average sink faucet runs around $225
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About $650, $400, $50,000, make mistakes that drive up costs, don’t forget to repurpose materials from other rooms! Some choose to go with a new design direction for their bathroom, allowing them to incorporate modern styles into their home’s overall aesthetic.

Adding too many features can quickly drive up your costs, as well as choosing materials that don’t fit with the rest of your home’s aesthetic style. 

Common Mistakes:

Adding too many features can quickly drive up your costs, as well as choosing materials that don’t fit with the rest of your home’s aesthetic style.

Tips & Tricks:

Bathroom remodeling companies in Columbus advised that repairing tiles is better than replacing them to reduce costs and repurposing materials from other rooms to save money. Replacing flooring is also a great idea because it removes unsightly stains and adds to your bathroom’s value and overall look.

What Factors Influence Your Bathroom Remodeling Costs

Your bathroom is probably the most expensive room in your house to remodel, which is why you should start thinking about it now so that when 2022 rolls around, you’ll be right on schedule.

  • Besides sinks and toilets, fixtures usually only run about a few hundred dollars. 
  • Replacing a vanity or cabinet will be the same price as replacing a sink or toilet. 

Complete remodeling projects are always more expensive, but they will be well worth the money if you look for a drastic change. It’s best to know what you want before contacting bathroom contractors for estimates.

However, if you want anything fancier than that, expect to pay at least double the average price.

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It’s also important to remember that you’ll need more supplies for more oversized bathrooms or homes with multiple toilets. For example: If your home has two bathrooms and each bathtub needs replaced, it will cost roughly $2,000 more than doing just one.

  • Another thing that can influence your costs is the location of your house. For example: If you live in a city like New York City or Boston, you’re likely to pay 10-20% more for your bathroom remodeling project than if you lived somewhere rural with lower construction and labor prices.

Deductions on Home Improvement Costs

Since 1980, homeowners have been allowed to deduct the total cost of home improvements from their taxable income. 

That was allowed as long as the deductions added at least 50% to the overall value of their home. The deductions started getting smaller through 2007 and will disappear entirely by 2022.

Many people are counting on an increase in construction spending next year, which could also help Home Depot’s profits.

After the tax deductions disappear, your remodel might not be so expensive after all because you’ll have more money to spend after it’s finished! 

Other Financing Options When for Remodeling Projects

However, qualify for loans or other financing options. It may be better to take advantage of those instead of putting everything on a credit card like some homeowners do when they aren’t sure how much their bathroom remodel will cost them. 

Since you’re probably using your bathroom every day, everything must work correctly. You definitely should hire a bathroom renovation contractor to help you save money in the long run because they’ll know how much work is involved and what materials you want for the job. 

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Plus, if something goes wrong near the end of the project, you won’t have to pay extra to get it fixed! 

Getting Help from Local Contractors

Contact a local bathroom remodeling contractor if you have any questions about how much your new bathroom will cost. All in all, if you need to remodel your bathroom or are considering doing it soon, here’s how much it might cost you in 2022:

  • Materials: $300 – $2,200, depending on the size of your bathroom and whether or not you want fancy upgrades
  • Labor : $300 – $3,000+

These prices are just averages, though, so your own cost will most likely be different. If you’re unsure about the remodeling project, look at some bathroom to remodel photos and see if that will help you decide.

If you want to save as much money as possible, start collecting your supplies now and make sure to hire a contractor. That way, you’ll know what you’re getting into before it’s too late!

Call up a local contractor for inquiries or if you would like to learn more about how much a bathroom remodel might cost in 2022.

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