Planning the budget for a small bathroom remodel involves the same steps as any room of the house. Since the bathroom is small, it will require fewer materials and ultimately less money, which may allow you to splurge a bit and purchase pricier fixtures.
The basic function of the budgeting process for a remodel is to determine what you wish to do and the range of materials that are available to you. You must include the cost of labor if you are hiring someone to do the work. Doing it yourself will save you a lot of money, further stretching your budget.
Step 1 - Sketch Your Plans
Start the process by making some rough sketches of how you imagine your small bathroom will look when you are done. The remodel could simply be new fixtures, but it could be as involved as new drywall, an added window, wainscoting, the addition of a claw foot tub, and new flooring, just to give you an idea of the possibilities. Besides how much you have to spend, there is no limit to what you can do with a remodel. Of course, there are codes and certain requirements, so any change has to be within reason.
Step 2 - Take Measurements
Go through the bathroom measuring the dimensions of the walls, length of molding, square footage of the flooring, and anything else you plan on changing. Determine how much room you have for a new tub or shower surround. If you can add a window, mark the approximate size of it on the wall lightly with a pencil. Make sure you note all of these measurements on a pad of paper.
Step 3 - Decide Exactly What You Want
Now is the time to finalize your plans for the remodel if you have not already. Will you just be rehanging drywall and adding wainscoting, or will you be increasing the size of the vanity as well? Once you know what you’ll need for the remodel, you can consider different materials.
Step 4 - Go Through Catalogs
Home renovation catalogs offer you a glimpse of materials of all sorts and their prices. Catalogs can specialize in high-priced, antique fixtures, but you can also find those that provide you with an assortment of building materials. If you are looking for specialty items, catalogs may be very helpful.
Step 5 - Online Search
The Internet is very handy for this stage of the planning. You can price just about everything you’ll need for the remodel through big box store websites or more specialized online stores. Everything you need may be available in one place, or you may have to go to several sites.
Knowing your measurements, you can accurately price drywall, molding, wainscoting, and flooring. You can also price different shower/tub fixtures as well as toilets, sinks, and all the necessary hardware.
Starting off, you likely had an idea of what you wanted to spend on the remodel. Now that you know your options, you can fit everything you need into that figure. You may have to make some compromises here and there, and you may not be able to do everything you imagined you could for the money. With a budget, you set for yourself steadfast parameters so you don’t overspend.