8 Ways to Save Money on Your Bathroom Remodel

Hello World!  Welcome Friends!  Bathroom remodeling can be expensive, with the average bathroom renovation costing from $6,622 to $16,744 on a bathroom remodel, with a national average of $11,365 — about $70 to $250 per square foot, according to 2023 data from home-improvement site Angi.

However, there are ways to update your bathroom while sticking to a budget. In fact, homeowners looking to remodel their bathrooms can save 20-30% on costs by getting creative and making smart design choices. With strategic planning and savvy decision-making, you can give your bathroom a fresh look without breaking the bank.

Read on to discover some tips and tricks for saving money on your bathroom remodel.

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1. Use High-End Materials Strategically

Using high-end materials everywhere can drive up costs quickly. Get creative by utilizing inexpensive materials in some areas, then splurging on upscale finishes where they will have maximum visual impact. For example, use standard white subway tile for the walls but treat yourself to marble mosaic tile as an accent in the shower. Or, opt for laminate counters but spend more on lovely natural stone backsplashes.

Check stores like IKEA for deals on vanities, mirrors, and lighting fixtures that still look great. Using high-end and budget-friendly materials allows you to elevate the look while sticking to your budget.

To help affordably bring your dream bathroom design to life, find a custom bathroom remodeling company that can make a real difference in achieving your desired look.

2. Get Multiple Quotes 

The first step to saving money on your bathroom remodel is to get quotes from at least three contractors. Never go with the first bid you receive. Prices can vary widely, so take the time to meet with several companies and compare the scope of work, materials, timelines, and bottom-line costs. Do some research and only click for bathroom remodeling service providers with high ratings and client reviews. Keep in mind that the highest price may not necessarily mean the best quality of work, so be sure to weigh your options carefully.

Be as detailed as possible about your vision to get accurate price estimates. Once you have all the quotes, you can negotiate pricing and services for the best value. Shopping around is one of the simplest ways to lower total renovation costs.

3. Time Your Remodel Strategically

Save up to 10% on your remodel by having the work done during contractors’ down seasons. Schedule your remodel during the slower months of January to March, when contractors may offer discounts to fill their schedules. You’ll also benefit from less competition for quality contractors during this timeframe versus peak construction season in summer and fall.

Ask contractors upfront if they offer seasonal discounts or are willing to reduce costs for off-season work. You may need to be flexible with your timeline, but the cost savings will be worthwhile.

4. DIY Preparation Work

Take on some of the demolition, prep work, and cleanup yourself to cut labor costs. Just be sure to turn off the area’s water supply lines and electricity before starting the demolition.

While DIY prep work requires elbow grease, it can trim thousands off the bottom line. Be sure to get contractor quotes with and without demolition included so you understand the potential savings.

5. Consider Refinishing vs. Replacing 

Instead of replacing bathroom elements like your tub, tile surround, or vanity, consider refinishing. Refinishing costs a fraction of full replacement. For instance, reglazing an existing tub, resurfacing tile, or refacing cabinets rather than buying new can lop 50-75% off costs.

Refinishing is an eco-friendly option that prevents materials from ending up in landfills. The process typically takes 1-2 days, and most companies offer year-long warranties. Just be sure to vet companies thoroughly, examining online reviews and before/after pictures to ensure quality results.

Refinishing saves big on bathroom remodels and can be extremely cost-effective.

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6. Get Creative with Design Choices

Rethink design features in cost-saving ways. For example, use a shower curtain rather than a pricier glass enclosure. Or, opting for one custom focal wall with funky wallpaper rather than tiling all walls. Floating shelves rather than cabinetry offer big styles for less money. Track lighting provides directional illumination precisely where needed instead of elaborate overhead fixtures. Choose classic subway tile or penny tile instead of intricate mosaic designs. See what elements you can tweak to be more budget-friendly without sacrificing your overall vision.

Consult with your contractor on creative ways to make small design changes that keep costs in check.

7. Take Advantage of Rebates and Tax Credits

Utility companies and local governments offer rebates to encourage energy-efficient and water-saving upgrades like low-flow toilets and showerheads, tankless water heaters, and more. These rebates can offset 10-30% of related costs. Also, look into federal tax credits for energy efficiency improvements which allow you to claim back 10% of the cost of certain upgrades, up to $500 total.

Your contractor should know all the current rebates and credits so you can maximize them. You can save hundreds to thousands of dollars between rebates and tax incentives.

8. Get Multiple Financing Options

Don’t finance your remodel solely through a home equity loan or line of credit. Compare financing offers from your bank, local credit unions, remodeling companies, and home improvement stores. Get prequalified to see estimated rates and terms. Many retailers offer 12 months or longer no-interest financing so you can pay over time without incurring interest charges.

Contractors may also connect you with third-party financing at competitive rates. The more options you explore, the better deal you can get. A lower interest rate can save you hundreds over the loan repayment period. Avoid putting the entire project on high-interest credit cards.

Conclusion

A bathroom remodel provides the highest return on investment of any home remodeling project, with an average ROI of 65%. So your bathroom update can be a wise investment in your home’s value and enjoyment. By researching materials, timing your project strategically, and comparing financing options, you can update your bathroom beautifully while sticking to your budget. Focus on the most important elements, like plumbing, storage, and lighting. Get creative on finishes and accessories. Take time to plan. And work with experienced professionals who can provide guidance and cost-saving recommendations.

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Toodles,

Between Naps on the Porch