“It depends” is the quick answer to that question.
You might be frustrated right now for not telling you the exact figures, but there are a lot of considerations involved when it comes to a complete bathroom renovation. Because of this, there is no one-size-fits-all price list to identify the exact amount.
But read on if you want to know the full details on how you can determine the closest amount to what you might spend on renovating a full bathroom.
How About the Average Bathroom Renovation Cost?
You might say, “Come on! At least give us an idea of what to expect.”
Here are the figures that you might be looking for if you want to get a picture of the cost:
Budget-Friendly Renovation: $5,000 to $15,000
There are a lot of variables involved when it comes to a renovation. But you can get a bathroom makeover for as low as $5,000. Just don’t expect the results to be of a high standard. With this budget, you can only get low-cost fixtures and materials.
Mid-Range Renovation: $15,000 to $30,000
This amount is the standard range for a bathroom renovation. The cost of materials is in the mid-range spectrum and can enable you to get repairs on utilities.
Full-Bathroom Renovation: $30,000 and up
As mentioned earlier, there is no exact amount for a full bathroom renovation.
However, if you want a complete renovation, you should have a budget of at least $30,000. It’s the smallest amount you should have available if you wish to have significant updates and repairs on your utilities or replace your fittings with luxurious ones.
Know the different factors affecting the renovation prices if you want to know the approximate amount to save for a full bathroom renovation.
Factors Affecting the Price of a Full Bathroom Renovation
The following are among the factors you should consider in determining the price of your bathroom renovation.
Size
The larger the bathroom, the higher the price is.
Why?
You’ll need more tiles and effort if you have a large bathroom. Nowadays, floor tiles cost around $30 to $60 per square metre, and wall tiles are $20 to $30. This price can go higher if you opt for luxurious ones like porcelain or natural stone.
Besides that, you should also consider the tilers’ price. Their offer is between $1,100 to $3,400, depending on the size of your bathroom, tile’s quality, and the job’s difficulty.
Waterproofing
As the law mandates, waterproofing is a mandatory part of a full-bathroom renovation service. Waterproofing services will cost you around $500 to $1,000.
Utilities
Utilities are essential to a full bathroom renovation, as you’ll use water and electricity to do your private business.
You’ll need a plumber to install a shower, sink, bath, toilet, and other fixtures that need water. You’ll also need an electrician for light and power outlet installations.
Plumbers commonly charge $60 to $100 per hour, while electricians are $80 to $100. These prices vary, depending on their expertise and the difficulty of the job they have to do for you.
Walls
You’ll need plaster boards to have sturdy and moisture-resistant bathroom walls. Hard plaster costs $50 to 70, while wet plaster costs $80 to $100 per square metre.
Old Bathroom Demolition
You’ll have to pay more for a bathroom replacement with a more sophisticated one. Depending on your bathroom size, the demolition will cost you around $2,000 to $4,000. This price can even go higher if your bathroom has toxic materials that have to be removed, such as asbestos.
Materials and Fittings
Aside from the mentioned services, you should also plan the type of materials and fittings you’ll use in your bathroom.
Lists of the Cost of Common Materials and Fittings Used in a Bathroom
Fixtures and Materials | Budget | Luxurious |
Bath tub | $300 | $3,000 |
Shower screen | $400 | $1,400 |
Toilet | $150 | $1,200 |
Vanity | $500 | $4,000 |
Mirror | $50 | $1,000 |
Basin | $150 | $1,000 |
Tapware | $50 | $1,000 |
Showerhead | $50 | $300 |
Towel railing | $30 | $400 |
Soap dish | $7 | $100 |
Fan | $50 | $1000 |
Watch Out for the Following!
Over-customisation
If you have the budget, it’s easy to feel like royalty and customise your bathroom as you please. But you also have to consider the possibility of selling your house in the future.
There’s nothing wrong with personalisation, but you also have to consider if it will help sell your house, as not everyone wants what you want.
Overcapitalisation
Unless overspending is not a problem, watch out for the possibility of overcapitalisation.
It’s easy to overcapitalise when it comes to a full bathroom renovation. Even though you have tons of money to splurge, you still want to get a renovation that will only add value. You still want your property to sell fast without having to cut the price below what you invested for it.
Loans
There’s nothing wrong with getting some help from financial institutions when it comes to a full bathroom renovation, but it has to be worth it. Consider the interest rate and your financial capabilities. After all, you don’t want to get a full renovation that will only put you in a quicksand of debt in the future.
If you want a consultation for your full bathroom renovation, contact MKJ Projects today!