Plan PhaseStep 4 of 27

Finalize Your Bathroom Renovation Budget

Create a realistic budget that accounts for all costs and builds in contingency for the unexpected surprises every renovation brings.

Quick Summary

Time Needed
3-5 hours
Typical Range
$10K - $30K
Difficulty
Moderate

Why Budgeting Matters

Bathroom renovations are notorious for budget overruns. Hidden water damage, outdated plumbing, and scope creep can quickly escalate costs. A detailed budget with realistic contingencies helps you make informed decisions throughout the project and avoid the stress of unexpected expenses derailing your renovation.

Typical Cost Breakdown

CategoryBudgetMid-RangeHigh-End
Labor$2,500 - $4,000$5,000 - $10,000$12,000 - $25,000
Tile & Flooring$500 - $1,000$1,500 - $3,500$4,000 - $10,000
Vanity & Countertop$300 - $800$1,200 - $3,000$3,500 - $8,000
Shower/Tub$400 - $1,000$1,500 - $4,000$5,000 - $15,000
Toilet$150 - $300$400 - $800$1,000 - $3,000
Plumbing$500 - $1,000$1,500 - $3,500$4,000 - $8,000
Electrical & Lighting$300 - $600$800 - $2,000$2,500 - $5,000
Total (Before Contingency)$4,650 - $8,700$11,900 - $26,800$32,000 - $74,000

How to Build Your Budget

1

Define Your Scope

Determine whether you're doing a cosmetic refresh (paint, fixtures, accessories) or a full gut renovation (moving walls, replumbing, new layout). The scope dramatically affects cost.

  • Cosmetic refresh: $2,000 - $5,000
  • Fixture replacement: $5,000 - $15,000
  • Full renovation: $15,000 - $40,000+
2

Get Multiple Quotes

Obtain at least 3 detailed quotes from licensed contractors. Ensure quotes break down labor and materials separately, and include the same scope of work for accurate comparison.

Pro tip: The lowest quote isn't always the best value. Ask about experience with bathroom renovations, timeline, and warranty coverage.

3

Price Out Materials

Visit showrooms and home improvement stores to price your selections. Note that tile is priced per square foot, so calculate your total square footage including waste (add 10-15%).

  • Vanity and countertop
  • Toilet
  • Shower/tub fixtures
  • Tile for floors and walls
  • Lighting fixtures
  • Mirror and medicine cabinet
  • Hardware and accessories
4

Add Contingency

Always include a contingency fund for unexpected expenses. Bathrooms are especially prone to hidden issues behind walls and under floors.

  • Newer homes (under 20 years): 15% contingency
  • Older homes (20-50 years): 20% contingency
  • Historic homes (50+ years): 25%+ contingency

Common Hidden Costs

Water Damage Repair

Rot in subfloor or wall studs from old leaks. Can add $500 - $3,000+

Plumbing Updates

Old galvanized pipes may need replacement. Can add $1,000 - $4,000

Electrical Upgrades

GFCI outlets, exhaust fan wiring, code updates. Can add $500 - $2,000

Permit Fees

Required for plumbing/electrical work. Typically $100 - $500

Mold Remediation

If mold is discovered during demo. Can add $500 - $3,000+

Dumpster Rental

For demolition debris disposal. Typically $300 - $600

Frequently Asked Questions

How much does a bathroom renovation cost?

A bathroom renovation typically costs $10,000-$30,000 for a mid-range remodel. Budget renovations can be done for $5,000-$10,000, while high-end renovations can exceed $50,000. Costs vary significantly based on bathroom size, fixture quality, and labor rates in your area.

What percentage should I add for contingency?

Add 15-20% contingency to your bathroom renovation budget. Older homes may need 20-25% due to higher likelihood of hidden issues like water damage, outdated plumbing, or electrical problems discovered during demolition.

What costs the most in a bathroom renovation?

Labor typically accounts for 40-60% of bathroom renovation costs. Among materials, custom shower enclosures, quality tile work, and vanity/countertop combinations are usually the biggest expenses. Moving plumbing or electrical significantly increases costs.

Next Steps

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