Planning on renovating the family bathroom? The bathroom is a space that can become worn over time, especially when you have kids. Renovating the bathroom is one of the best home upgrades that can improve your daily routines and provide a sanctuary for self-care, but these projects can also be expensive. This post will show you how to budget for a family bathroom renovation project.
Understanding the Costs Involved
First, you need to understand the costs involved. There are numerous costs in a bathroom renovation, including materials, labour, and unexpected costs. In 2024, the average cost of a new bathroom in the UK ranges from £5,000 to £10,000, but this will depend on the scope and the quality of materials used. Therefore, you should always research costs when planning your renovation.
Setting a Realistic Budget
It is important to establish a budget that aligns with your financial situation and renovation goal. You do not always need to spend a fortune to revitalise the space, but you do need to work out how much you are comfortable spending beforehand as costs can quickly spiral. Obtaining multiple quotes from professionals to ensure competitive pricing is smart, but keep in mind that cheapest is not best when it comes to renovations.
Choosing Cost-Effective Materials & Fixtures
Choosing materials and fixtures is one of the most important decisions. You will want to pick materials that are affordable but also attractive and durable, such as ceramic tiles, to maintain quality without overspending. Incorporating illuminated cabinets is a good choice as you can enhance both functionality and aesthetics, providing ample storage space while adding a modern touch to the bathroom. Additionally, consider the latest bathroom trends, such as the use of natural materials and spa-like designs, to create a stylish yet practical space.
Planning for Contingencies
Anyone who has gone through renovations before knows that unexpected costs can arise. This is why it is intelligent to include a contingency fund in your budget, which should consist of around 10-15% of the budget. This will ensure that you can easily cover any unforeseen costs that might arise and ensure that the project can proceed smoothly without financial strain.
A family bathroom renovation can make a huge difference to your home and life. These can also be expensive projects, so it is helpful to know how to go about budgeting for a family bathroom renovation so that you are fully prepared and avoid overspending. The advice in this post should help with planning and help you control costs.
