August 21st, 2016 in

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How Much Does it Cost to Remodel a Bathroom?

For many people, the question ‘how much does it cost to remodel a bathroom?‘ is one of the first things that come’s to mind when they are thinking of upgrading this room.

So when hiring a team of experts to work on your home improvement job, it certainly helps to know how much the project will cost upfront so you don’t go over budget.

This allows you to plan accordingly and make sure you won’t get any nasty shocks with your bathroom upgrade.

Bathroom-Renovation Before & After

How Much Does it Cost to Remodel a Bathroom in Australia, UK, and USA?

Typically, the cost of a bathroom remodel will depend on a variety of factors as all bathrooms and not made equal.

For those of you eager to have some averages as a base guide, here goes:

Australia

 

UK

 

USA

  • Average cost: $3,500 to $7,000
  • Top end: $13,000 to $20,000+
  • Source: Homeadvisor.com

 

 

5 Key Things to Consider Before Getting Started

 
In order to get a better idea of the scope of your bathroom remodelling, we’ve covered the 5 most important components every renovator needs to consider before beginning.
 

1. Planning

 
Some of the big costs you’ll have to deal with early on include building, electrical, plumbing, water & asbestos testing and various other minor testing requirements.

These tend to be the cause of major setbacks for many home renovation projects and can take a while to fix, so be sure to factor these into your schedule timing.
 
Bathroom Renovation Planning Process
 
Get in specialised tradespeople who are there to handle things like getting the relevant permits and ensuring your bathroom remodel is compliant with all government regulations.

Some things you absolutely need to test for include:
 

1. Lead and asbestos

a) They pose significant health risks if damaged in the renovation process

b) Can end up being very expensive to deal with

c) Make sure that whatever material replaces them are going to be cost-effective.

d) Be alert and have a contingency plan just in case and you won’t suffer any huge unexpected bills.

 

2. Preparation

 
You’ll also need to consider the possibility of demolition if it’s necessary to remove anything dangerous.
 

1. If this is the case, you’ll most likely need contractor bags, a dumpster or skip bin, as well as disposal fees.

2. Besides lead and asbestos, you might need to take on things like wood rot and mould if found.

 
The old electricians may have done a poor job with the wiring, too. This is often the case in older buildings so:
 

a) Keep an eye out for things that don’t look right or have damaged parts.

b) Consider things like the overall structure of the room

c) Check energy efficiency, windows, doors and framing.

 
Preparation is a big part of any renovation process and means you should get the right contractors in place early on. For example, dumpsters may be required to get rid of old debris.
 
Bathroom Renovation Dumpster
 
Finally, take into account the cost of things like poor wiring, outdated plumbing, and even pest infestations. These kinds of problems are relatively common and usually require you to correct them as soon as possible in order for the bathroom remodel to proceed.
 

3. Operation

 
Another key element of a bathroom renovation is undertaking the actual work itself.

Hire professional tradespeople who are skilled enough to do the job, and have plenty of experience and references that can be checked. For example:
 

a) Plumbing and electrical work – need fully licensed contractors to complete them.

b) Pay that little bit extra to ensure the work gets done right and within government regulatory requirements.

c) It’s easy to forget to include these kinds of things and get caught out down the track when the budget blows out.

 
So make sure you take into account the cost of labour and the amount of time it will take to complete the bathroom project.
 

4. Creation

 
You have to factor in the big item costs of the overall project too, such as plumbing and electrics. As two of the main jobs in a typical bathroom refit, you’ll need to be prepared to go back and forth with contractors and suppliers to get the job done.

A few things to keep in mind:
 

1) Don’t just work off the flat cost of the job – you also need to include materials and labour costs.

2) Plumbers and electricians don’t come cheap – so be prepared upfront for any additional costs related to their services.

3) You’ll also have to pay someone to do the fittings: lighting, fixtures like sinks and vanities, storage space, faucets, shower and bath, and potentially a toilet.

4) You should consider hiring an architect to create your bathroom floor plans.

 

5. Finishing

 
Another major element of a bathroom remodel is the finishing touches. This is the part of the project that many renovators love the most as they can start to see their creation come to life. It’s also the final stage and includes everything from decorating, grouting, and painting the walls.
 
Bathroom Remodel Grouting
 
There’s a lot of little jobs you might think will only take minutes to do, but they can actually take hours, even days to complete. For this reason, it’s best to work with various tradespeople to get a better idea of what each job entails, how much time they’ll take and the cost.
 

Final words

 
A bathroom renovation doesn’t need to be expensive or hard to do. It really comes down to how much preparation and planning you do upfront – the more, the better.

There are huge benefits to upgrading your bathroom, no matter if you’re undertaking this home improvement project for personal use or profit.

Enjoy your renovation.

All the best,

James Mason
 
CHECK OUT THIS BLOG POST FOR MORE: What Does it Cost to Renovate a Bathroom?
 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

Online Course Available Now

The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

GET INSTANT ACCESS TODAY

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February 12th, 2016 in

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What Does It Cost To Renovate A House?

According to industry data the average cost to renovate a house is between $2,000 to $2,500 per square meter here in Australia, BUT…. In my own experience renovating custom projects that number is closer to between $2,500 to $4,000.

How do I get to this number? Well I have taken all the financial data from every house I have renovated over the last 15 years and the average from all of my projects is closer to $3,000.

That takes into consideration that most of my renovations were custom designs by architects and usually involved putting a second story on a single story home and fully refurbishing the existing dwelling.

Now is calculating the cost per square meter the best way to estimate what your renovation project will cost you? In my opinion the answer is NO!

Every project is different and has its own unique cost factors such as:
 

  • Access to the property, is it easy or hard to get materials and trucks into?
  • Is the renovation just a square box added to the back of the house, or an architectural masterpiece?
  • Are there any specialised building materials being used?
  • Are the finishes high end or budget?
  • Will major structural modifications be made to the existing house?

 
The above are just a handful of questions that you need to ask yourself before you take the cookie cutter approach of adding a cost per square meter to your design. There are other factors that I discussed in my blog on how long does it take to renovate a house that also come into play.

You can get project home builders that pump out the same design over and over for as low as $1,500 per meter square, but if you are on this site you are most probably not looking for that option.

In my opinion the best way to get an accurate figure or even a ball park cost before starting your design is to talk to speak with two to three professionals (I.e. Architects or Builders) about what you are proposing to do and take the averages of the estimates to get a starting point.

If you proceed to the next stage of getting your concept plans drawn, this will be enough for you to get tenders on before you move onto the final design, and give you room to scale up or down depending on the estimated costs.

Have you recently been given a square meter price to renovate your home? If so tell us about your experience in the comments section below to start the conversation.

Cheers,

James Mason

 

YOU MIGHT ALSO BE INTERESTED IN THIS BLOG POST: How to Renovate a Bathroom: 5 Stage Process
 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

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The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

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January 24th, 2016 in

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What does it cost to renovate a Bathroom?

The cost to renovate an average size bathroom here in Australia is between $20,000 –  $25,000 dollars. Now that will vary up or down depending on the size of the room and the selection of finishes, but that allowance should cover most standard size bathrooms.

Below I will give you a real life example of what it costs to renovate or remodel a bathroom by listing out the actual costs of our own bathroom renovation.
 

Example – Our Ground Floor Bathroom Renovation.

 
A quick back story – We renovated this bathroom back in 2011 when we first purchased our property, and combined these works as part of our initial freshen up of the existing dwelling before we actually moved in after the purchase. This renovation was done before we started our major renovation back in 2014 on the “Small Space Big Build Project”.

While rates and costs will change over time the below will give you an appreciation of the breakdown of all the costs that can be associated with a bathroom renovation.

Below is a photo of the bathroom before we started work.
 
Photo of an old bathroom in original condition

 

Bathroom Renovation Costs – Ground Floor

 
Demolition – Rubbish removal cost – Skip Bin (note – no labour costs as we did this ourselves)  $650.

Plumbing – Run new services including relocating drainage and sewer in the concrete slab, cost also includes the fit off of all new fittings upon completion. $3177.

Electrical – New wiring to services such as heat lamp, exhaust fan, heated towel rail, floor heating and LED strip lights. Cost also includes fitting all of the above items upon completion $1460.

Carpentry – Build wall frames for concealed plumbing, fit toilet roll holders, robe hooks, hang door and fit new lock $1,120  

Plasterer – Sheet new wall frame and patch the existing ceiling $720

Waterproofing – New membrane to floor and walls (2 coats) $600

Tiling – Full height wall (3.1 meters) and floor tiling in subway tiles (brick pattern) $2,200.

Painting – Ceiling, window and door Inc frame $940 

Cabinetry – Custom made mirrored shaving cabinet, Inc installation $1,850.

Shower screen – Frameless glass unit, Inc installation $1,400.
 

Materials supplied for the project

 
Plumbing fittings – Wall hung toilet, taps, basin, 2* shower roses, heated towel rail, under floor heating $3,488

Tile supply – Wall and floor $1,575 (my wife has expensive taste…)

Light fittings – IXL heat lamp / fan and LED strip lighting $650

Door and handle – $240

Miscellaneousness building materials – Bagged concrete, timber framing, tile angles, cornice, nails bolts and screws etc $680

 

OUR TOTAL BATHROOM COST $ 20,750

 

Bathroom progress photos

 

Now if we were to factor in what you would pay a builder or bathroom renovation company to take care of this for you, you need to factor in their profit margin.

NOTE – Most builders will apply a margin of between 20% – 30% on top of their contractors and material cost totals to cover their overheads of running the project and their profit. So with the above example 30% on $20,750 = $6,225 Therefore the total would be closer to $26,975.

With all of the above costs laid out, you need to factor in that I am a builder myself and I have good relationships with my trades and suppliers which mean I also get good pricing as well as being very hands on.
 

In my professional opinion most people would be looking at closer to $30,000 to get the same result as what we have above.

 
So with the above said do you need a builder to help manage your bathroom renovation? No you don’t, but it will come down to how much time and effort you are willing to put into managing the entire process from start to finish including time on site to trouble shoot and problem solve if needed.

I wrote a little more in detail about some of the essential steps over on the Our Build Blog last year, check this out as well to get some more ideas.

Lastly if you are looking to tackle your own bathroom renovation I will have a video course coming out later in the year to help show all of the essential steps and processes along they way, sign up today if you are interested in knowing more and i will let you know when it is available.

Best wishes, James Mason.

 

YOU MIGHT ALSO BE INTERESTED IN THIS BLOG POST: Cost of Bathroom Remodel: 3 Moneymaking Reasons to Upgrade

 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

Online Course Available Now

The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

GET INSTANT ACCESS TODAY

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October 28th, 2015 in

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How long does it take to renovate a house?

The average home renovation takes between 4 to 8 months, there are exceptions to this rule with some projects being minor or major in size, but most home renovations will fall somewhere within this timeline.

If you are fully renovating or remodelling your house chances are it could take up to 6- 8 months or even more if you are adding large spaces with architectural detail, but if you’re just doing a kitchen and bathroom with some minor cosmetic changes then it could be a just matter of weeks or months.

My general rule of thumb that I have discussed before on my Becoming an Owner- Builder post is it should take on average between 4 – 6 weeks of build time for every $80,000 dollars you plan on spending.

I.e. if you were looking to spend $150,000 , build time could be between 7.5 weeks and 11.25 weeks, or if you are spending $500,000 (Calculate as follows 500K -:- 80K = (6.25 *weeks) = 25 weeks or 6.25 * weeks = 37.5 weeks or approx 9 months).

Now this is not an exact science but looking back over my data on completed projects that I’ve constructed over the last 15 odd years I can say it comes pretty close this figure.

To clarify the above I’m only talking about build time on site, I.e… When you strike your first blow with the hammer to vacuuming the dust off the floor for the last time. It’s the preliminary work off site before starting that also needs to be factored in.

The preliminary stage for most projects (if done correctly) can and probably should, take just as long as the construction time on site.
 

What other time needs to be factored in?

 
Before you strike a blow there are 3 critical stages and processes that need to be followed in order to set up you renovation project correctly, and to elaborate there are 5 key stages throughout the entire building process from start to finish. These key stages are listed below with some average times for how long each stage may take –

1. The Research Stage  – 2 weeks to 2 months or more.

2. Plan Stage  – 2 months to 6 months or more.

3. Pre- Construction Stage  – 3 months to 6 months.

4. Construction Stage – As above 4 weeks to 6 weeks on average per $80K of building cost.

5. Project Completion Stage. – 3 months.

Now if you are reading this article you are probably in one of the first three stages, more than likely in the initial research stage.

The Research stage is when you have first decided that you want to renovate your property and you start to do your homework. You will start by working out what you can afford to spend, start looking at the style of renovation you want, searching blogs and social media for ideas and inspiration, talking with other people who have renovated, and generally start to build an idea in your mind of what you want.

Depending on how much homework you chose to do you could be looking at anywhere from 2 weeks to 2 months for this stage.
 

TIP – Keep an organized filing system during your Research Stage where you can store all your information and ideas that you come across, this will help to communicate your ideas in the next stage of the process.

 
Plan Stage. This stage is where you get your ideas out of your head and down on paper in some form of a plan of sketch. So how long should this stage take, well depending on how many revisions you end up with from your initial concept drawing and the scale of your project it could be anywhere from a few months to six months or more. I discussed this stage in more detail previously and I suggest checking it out to get a full understanding of the process.

I know for us it took 6 months to get our plans ready for the “Small Space Big Build Project”, and over 12 months in total before we were ready to start on site.

Pre Construction Stage. This stage consists of getting approvals from the relevant authorities, and here in Australia it is referred to as a Development Application (or DA for short). Along with getting your approval granted their is also time required for mapping out the timeline and schedule for your works, organizing trade contractors and material supply quotations, the selections process which I discussed in detail on in a previous post for all of your fittings like – taps, tiles, windows etc and much, much more.

In my opinion the Pre Construction Stage is the largest most time consuming stage out of all the 5 stages, and one you really need to put a lot of work into to insure a smooth running project. In retaliation to timing it really does come down to how complex your project is. If you are doing a small relative simple renovation (i.e….$100K) 3 months may get you out of trouble, but for larger projects 6 months worth of planning may be closer to what it actually takes.

Lastly after the Construction Stage is completed (wont go into to much detail on this stage now other than the times mentioned above) the final stage will be the Project Completion Stage. This stage takes into account all the requirements for obtaining final sign off by the relevant authorities. You will be required to obtain an occupation certificate upon completion of the construction works (will not be required for smaller renovations where a DA approval is not required).

There are also warranties and defects liability periods that you should enforce with your trades and contractors to make sure you archive a high quality of finish. Some defects liability periods on average are around 3 months after the contractor has completed their work, so I would generally allow another 3 months at the end of the renovation to encompass all of the warranties and liability periods.

So there you have it, I know its a lot of info to take in, but we are only just scratching the surface. Each one of these stages will have its own complexities and special requirements based on your own individual project, its my job to try and lay out as much of that information as possible so that you can educate yourself on some of the items that will get thrown your way during the course of your renovation project.

I hope this information comes in handy, please feel free to drop any questions in the comments section below.

Until next time, happy renovating.

James Mason.

 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

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The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

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September 4th, 2015 in

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Interview with professional mortgage advisers Mandy Taylor and Greg Wilkinson.

Recently I sat down for a coffee with Mandy Taylor and Greg Wilkinson from Smart line mortgage advisers to chat about what it takes to obtain finances for a renovation project. I fired a few questions at them that I thought would be beneficial for first time renovators and owner builders.

But before we jump into the questions let’s learn a little more about Mandy and Greg.
 

Mandy Taylor

 
Mandy grew up in Scotland and from her early teens helped her mum in the local building society working with customers to help them buy their first homes.  After moving to Australia in 1991, she has worked with companies such as CBA, St George and Bank of Queensland heading up lending teams throughout the North Shore and Northern Beaches & Greater Sydney Region.

When she’s not working with loan clients, she’s marrying them in her capacity as a marriage celebrant….. one of the few women who marry a number of men each year….to other women!

If she’s lucky to have spare time, it’s spent in the garden, fishing or sharing quiet time with her partner and adult kids.
 

Greg Wilkinson

 
Greg has spent all his life in Sydney and grew up in the Ryde area.  Worked for CBA and spent a short stint with Bank of Queensland before becoming a loan writer for another franchisee.  Decided over a year ago to become principal of his own franchise of Smartline Personal Mortgage advisers and has never looked back.

Greg is an avid NRL Bulldog fan (don’t hold that against him).  Loves his cricket, golf and plays recreational baseball with a couple of teams in Sydney. His favourite food is sausages and he reckons a good aussie beef snag covers all 3 food groups every day of the week!
 
Owner Builder Finances
 

If an owner builder wants to obtain finances for their construction project here in Australia, is there any particular steps or processes they need to follow to apply for this type of finance?

 
Preparation….preparation…..preparation and articulation are key!  Before sourcing finance it’s imperative to get informed about the different licenses required from the various government pages.

In terms of lenders and what they may be looking for:
 

  • A copy of your detailed project.
  • Resume of you and those you intend to employ to help you complete the build.
  • Your building plan with specific costing involved.
  • Estimates and quotes for work to be completed.
  • Timeline of your build (they prefer 12- 18 months max).
  • Extra funds you may have to complete the build if you go over budget.

 
Few lenders will lend for owner/builders and those that do often may reduce the LVR (loan to value ratio) as low as 50%.  Part of preparation and planning is to speak with a broker to find out the difference ratios for lenders who will lend for owner/builder projects.

 

What other types of finances and options are available for people who are looking to renovate their home?

 
Some renovations may not be extensive or require building licenses etc.  Depending on the cost, you may simply need a ‘top up’ on your existing (eg $50,000) home loan which can be done relatively quickly or if a small amount perhaps a personal loan would suit (less than eg $10,000).

If neither the top up or personal loan is enough for you to renovate, then using the equity in your home to access more cash may be the way to go as long as the repayments can be made and other criteria met.  Each loan would be on a case by case basis.

Some lenders will cap the amount of cash out required as well as stipulate maximum LVR.

 

What advice and tips would you give someone who is obtaining finance for their first renovation project?

 

  • Speak with a broker and find out first of all the likelihood of being able to obtain the funds and how to go about it.  Whatever the amount is, it’ll help you work out a budget.  Knowing what you’d like to do versus what’s financially possible could impact your plan either way.
  • Plan the renovation and speak to experts well beforehand.
  • Plan the budget and costs, get quotes.
  • Add extra into the budget to allow for the ‘unforeseen’ problems/issues.
  • Depending on the type of renovation, take into consideration the time of year and expected delays – this can often cost more as you may need to employ more people to get job done on time.
  • Research on following links as a starting point to help guide you – 

 
http://housinglocal.com.au/renovating.aspx

http://www.yourhome.gov.au/you-begin/renovations-and-additions

 

What pitfalls should people be mindful of when obtaining any type of finance?

 

  • “Do your numbers” and don’t stretch yourself to the maximum leaving you short of cash if something goes wrong.
  • Speak to a broker as they have more lenders to choose from that your local bank, don’t feel ‘stuck’ with your own bank.
  • Speak with a broker who has experience and not just out to make a quick sale at your expense.
  • Whatever you’re obtaining finance for, if you can’t afford it, look at alternatives as the financial stress isn’t worth it, you may need to change your strategy and ideas.
  • Seriously consider life, income and loan insurance.  Most people assume their insured via their superannuation but not necessarily and at the end of the day, bad things happen to good people.  No point being over insured, however to ignore it is working on the ‘hope nothing goes wrong’ basis.
  • Ensure you don’t have to live on bread and water budget over the next 10 – 30yrs in order to get the amount you want – be realistic.
  • NEVER FEEL THAT YOU’RE BEING RUSHED INTO SIGNING UP FOR A LOAN nor that “you’ll get that investment quicker as I can get my ‘loan person’ to sort you out right now.”
  • Stay in control and avoid getting emotionally attached to the ‘item’ you need the loan for.

 

Do you have any tips & advice for first time renovators?

 
We cannot stress enough the importance of the following:
 
PLAN……PREPARE…..RESEARCH….ASK ADVICE OF EXPERTS ….RESEARCH SOME MORE ….BE REALISTIC
 
Renovation finance advisers

 

Well there you have it, some great advice from Mandy and Greg, and a big thanks for the time to answer some of my questions guys, much appreciated!

To stay up to date with what Mandy and Greg have going on, please visit – Their Smartline websiteFacebook page or Twitter account.

If you have any questions or stories related to finance please feel free to drop them in the comments section below or contact the guys directly and I’m sure they will be more than happy to help out if they can.

Till next time, happy renovating!

James Mason.

 


 

LEARN HOW TO RENOVATE YOUR BATHROOM LIKE A BUILDER & SAVE $$$

Online Course Available Now

The super-simple, step-by-step process I use in my business to renovate bathrooms fast and on budget.

GET INSTANT ACCESS TODAY

Yes, I Want to Know More!