Can You Renovate a Bathroom for $5,000?
Whether you’re looking to update your bathroom with a new coat of paint or completely gut and start from scratch, the cost of a bathroom renovation can add up quickly. If you’re working with a limited budget, you may be wondering if it’s possible to renovate a bathroom for $5,000. Read on to learn more!
On Average, You Can Start Remodeling a Bathroom for $2,500 and Work Your Way Up to $23,000
According to Home Advisor, the average cost to remodel a bathroom is $9,348. However, this number can vary greatly depending on the scope of your project. For example, if you’re simply looking to refresh your space with a new coat of paint and some new fixtures, you can expect to spend far less than if you’re doing a complete gut renovation. In fact, most minor updates can be completed for as little as $2,500.
Of course, if you’re planning a more extensive renovation, your costs will increase accordingly. More extensive projects may require structural changes, new plumbing or electrical work, and larger-scale fixtures like bathtubs and vanities. These types of projects can easily set you back $20,000 or more.
You Can Easily Complete the Remodel If Your Budget Is $5,000—But There May Be Some Compromises Involved
If your budget is $5,000, it is possible to complete a bathroom remodel. However, you may have to settle for less expensive materials and even put in some effort yourself to finish the job. For example, rather than opting for Marble countertops, you may want to consider laminate as a more budget-friendly option. Similarly, rather than hiring professional help for every aspect of your renovation project, you may need to get your hands dirty and do some of the work yourself.
Of course, the extent of your bathroom remodel will also affect how much money you’ll need to set aside. If you’re simply looking to make minor changes like updating your fixtures and painting the walls, $5,000 should be plenty. However, if you’re intending to do a complete renovation—one that includes structural changes or large-scale additions—you’ll likely need to set aside more money.
So there you have it! It is possible to renovate your bathroom on a budget of $5,000—but it may require some commitment (and elbow grease!) on your part. When planning your project, be sure to account for the costs of materials, labor (if you’re not doing it yourself), and permits. And remember: if you’re hoping to make major changes like adding an entirely new bathtub or vanity unit ,you may need to set aside more money than what’s in your initial budget.