As you look at homes in your preferred neighborhoods, you may find a home you think is perfect except for a room or two. Sometimes, people walk away when they discover this, but you don't have to let one or two less-than-ideal rooms ruin the whole home for you. With a general understanding of remodeling costs, you may find a home that needs some updating can be more affordable than a new home. Plus, you’ll end up with the style and features you really want after improvements.

In this two-part blog series, we’re going to help you understand the average costs associated with some of the most common remodeling projects, including bathroom and kitchen remodels as compiled in the Remodeling 2020 Cost vs. Value Report. We’ll also share a few common exterior changes that can improve the curb appeal of your home. Keep in mind that no remodel will give you 100% return on investment (ROI), but if your goal is to improve the home so you love it, the return isn't as necessary.

Bathroom Remodeling

The costs associated with remodeling a master bathroom can vary greatly, especially if you add onto the space as many homeowners choose to do.

Bathroom Remodeling – High End

In the Remodeling 2020 Cost vs. Value report, the team based their average remodeling cost on a 35-square-foot room where the homeowners have chosen to expand it to 100 square feet. This means the shower, sink and toilet are rearranged which adds considerably to the budget. This sort of remodel costs the most, but it also includes the most upgrades. The cost for this level of bathroom remodel is almost $63,000 on average but in the report, this included the following:

  • Ceramic tile shower (42” X 42”) with recessed shelf and frameless glass enclosure
  • Separate soaking tub
  • Natural stone countertops with two sinks and two mirrored medicine cabinets
  • Enclosed toilet area
  • Ceramic tile flooring with in-floor heating

Of course, the fixtures in this example are all high-end and custom cabinetry is included. Depending on the features you want and whether or not you need to expand the space, your costs could be significantly less. This is considered a high-end remodel.

Bathroom Remodeling – Mid-Range

On the other end of the bathroom remodeling spectrum is a mid-range remodel. This is typically done in secondary or hall bathrooms. In this remodeling scenario, a drop-in tub is replaced with a porcelain-on-steel tub with ceramic tile surround. The cabinetry may be stock or semi-custom and the countertop is a solid surface with integrated sink. Also included are tile floors and a medicine cabinet. This type of mid-range job requires a budget of about $20,000 for a contractor to handle, but it is something a handy homeowner could do for themselves instead for considerably less.

Jason Duraj and his team at Future Home Realty have helped families find the perfect home, even when it needs a bit of updating. We understand the costs associated with remodeling and will help you with a fair offer so you can budget for changes to make your dream home a perfect fit for you and your family. Call us today at (813) 992-7771 to schedule your appointment.