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Bathroom Remodeling Budget Estimate
Kick Off your Bathroom Remodeling Project with
a Bathroom Remodeling Budget Estimate
By: Mark J. Donovan
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Establishing an upfront bathroom remodeling budget estimate
is critical for understanding your total expected bathroom remodeling costs.
Bathroom remodeling projects can be expensive, and there are a number of high
priced features that you can include in them that can quickly blow your bathroom
remodeling budget if you’re not careful. For example, installing a custom
ceramic tiled shower can easily set you back a few thousand dollars when you
consider all of the work involved in installing one.
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The inclusion of a high quality double sink vanity with a
granite countertop is another example of a very expensive bathroom remodeling
feature.
By generating a bathroom remodeling budget estimate first you can get a rough
idea of the overall cost of your bathroom remodeling project and determine how
you will finance it. A bathroom remodeling budget estimate also helps to set
limits on the scope of the bathroom remodeling project, for example what
features and materials you may want to include in it. |
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Generating an upfront bathroom remodeling budget estimate
should not be limited simply to a top level estimate. It should also include
detailed cost estimates for each stage of the project, for example demolishing
work, installation of new bathroom flooring, installation of new plumbing fixtures, etc.
Initially the costs for each stage of the bathroom
remodeling project can be rough swags until you actually begin to receive quotes
from bathroom remodeling contractors and bathroom fixture suppliers. |
As you receive
bathroom remodeling contractor bids and you get a better handle on expected
material and labor costs you can refine your bathroom remodeling budget
estimate.
Bathroom remodeling budget estimating also helps to give you a more definitive
idea of what you want to incorporate in your bathroom remodel, and helps to
strengthen your negotiating skills when dealing with bathroom remodeling
contractors. By establishing upfront a bathroom remodeling budget estimate for
each stage of the project you can better evaluate the bathroom contractor bids
and bathroom fixture supplier quotes. By comparing your bathroom remodeling
budget estimates with contractor bids and bathroom fixture supplier quotes you
can make more intelligent decisions on who to hire and what to include in your
bathroom remodeling project.
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I have completed a
number of bathroom remodeling projects where I have contracted out some of the
work, and when generating my own bathroom remodeling budget estimates I have
found it very useful to use a standard spreadsheet program. Using for example
Microsoft’s Excel program, I have been able to create my own comprehensive
bathroom remodeling cost spreadsheets. Each contained all of the major trades and
materials required for my bathroom remodeling projects, such as, plumbers,
ceramic tilers, electricians, etc. And within each one of these major trade
categories I created separate breakout line items for individual costs that
automatically got rolled up under the major trade categories and the overall
cost of the bathroom remodeling projects.
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In addition, I
also included budgeted and actual columns so that I could constantly compare my
real costs to my budgeted costs throughout each phase of my bathroom
remodeling projects.
If you are interested in downloading my personal Microsoft
Excel based Bathroom Remodeling Budget Estimate Spreadsheet template and its
associated Bid Sheet, check out my
Bathroom Remodeling Bid Sheet. The Bathroom Remodeling budget
estimate spreadsheet is editable and automatically roles up the various trade
categories and total bathroom remodeling costs (estimates and actual). |

Photo By Mark Donovan |
So whether you’re contemplating a small or large bathroom
remodeling project, start off by creating a bathroom remodeling budget estimate.
As you then move forward developing your bathroom remodeling plans and obtain
bathroom remodeling contractor bids you can update your budget estimates. By
creating a bathroom remodeling budget estimate at the start of your project and
continuously maintaining it throughout the life of the project, you will
mitigate cost overrun risks, and increase the probability of achieving the
remodeled bathroom of your dreams.
For more help on bathroom remodeling, see HomeAdditionPlus.com's
Bathroom Remodeling Bid Sheet.
The
Bathroom Remodeling Bid Sheet
provides you with the knowledge and information you need to plan a bathroom addition
project, and what to look for when hiring contractors. It
also includes a detailed cost breakdown table and a spreadsheet for estimating
your own new bathroom remodeling building costs.
How to Finance your Master Bathroom
Remodeling Project -
can help provide funds for your new home improvement project if financing is
required.
Related Bathroom Design Layout Ideas and
Bathroom Remodeling Information
Additional Bathroom Design Layout Ideas
from Amazon.com
Bathroom Remodeling Accessories from Amazon.com
Get Free Bathroom
Remodeling Price Quotes with No Obligation!
Fill out our 3-5 minute quick and easy form, and receive a free price quote
on bathroom remodeling from one of our prescreened and licensed bathroom
remodeling contractors. This process is free and there is no obligation to
continue once you receive your bathroom remodeling price estimate.
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