How Much Should You Spend on a Bathroom Remodel?

How much does a bathroom remodel cost in Frisco, TX? How much should homeowners spend on a bathroom renovation project in Frisco?

 

Bathroom remodels in Frisco, TX, will be a good investment for homeowners. They don’t just actively increase the value of your home, but they can also draw in potential buyers looking to make your house their home. 

What Percentage of Your Home Value Should be Spent on Bathroom Remodel 

When determining what percentage of your home value should be spent on a bathroom remodel. Homeowners need to take into account a few critical factors:

1. Your budget
2. The overall value of your home
3. The value of the room  

In the case of a bathroom remodel, we tend to consider the value of the room as a percentage of the total house value. So, in Frisco, TX the master bathroom may account for 10% of the total house value. While any additional bathroom —powder room or full bathroom—may account for 5% of the total house value. 

Working out the math…

 

So, if you own a $500,000 prestigious two-story home in Frisco, Texas, you could safely spend up to $50,000 on a master bathroom remodel.  

 

But wait, these numbers aren’t set in stone.

 

Every homeowner has different needs and expectations. Therefore, we always advise reaching out to a home renovation company or a bathroom contractor to discuss how much you need to spend on a bathroom remodel project in Frisco. 

 

Some homeowners may want to go the extra mile to create an oasis for them to enjoy. In comparison, others may simply want a mid-range bathroom to remodel. 

 

We know what you’re thinking, do home renovations pay off? They definitely do! For more tips and tricks, check out our article about how home renovations pay off. 

How Should I Budget My Bathroom Remodel Project

For the most part, the average ROI on a bathroom renovation project sits around the 58% to 70% mark. This can seem reasonably promising to some homeowners. 

 

But, when it comes to budgeting a bathroom remodel project, we always recommend talking to your local home renovation service providers. Keeping your bathroom remodel ideas on a budget can be tricky! As there are a few things to consider. 

 

Refresh and Revamp: Bathroom Remodel Ideas on a Budget 

Consider a bathroom refresh if you don’t want to spend a lot of money on a renovation project. This quick and sweet idea can involve:

• Updating your vanity.
• Refreshing the existing paint color.
• Installing new trendy sink.

 

The cost: Between $500 to $1000.

 

The Big Bathroom Remodel Idea for Big Texas Homes.

If you’re looking to make your bathroom your oasis, you can consider a major remodel project that typically involves.

• Plumbing and electrical
• Installing new bath-tubs and showers.
• Vanity upgrades.
• Light fixture upgrades.
• Shower tiling

The cost: Anywhere from $15,000 to $50,000.

 

Budgeting a bathroom remodeling project in Frisco is undoubtedly no easy task. Homeowners interested in taking on such a significant renovation project should plan to determine what would meet their requirements, style, and budget. 

 

When it comes to budgeting your master bathroom remodel, we recommend talking to a team of professional contractors to determine what’s best for you. 

 

Ready to begin your renovation project?

 

Talk to the Agape Home Services team today about budgeting for a bathroom renovation project in Frisco, TX.