You’ve probably put a lot of thought into the look and design of your dream bathroom. You’ve been to the home stores, picked out your favorite vanity and tub surround, a new toilet, and paint colors. The spreadsheet you’re keeping is how you’re tracking your budget and you’re very detailed and accurate. However, you just never know what will go wrong and cause you to blow your bathroom remodeling budget. Luckily, we have some tips and tricks you can use to avoid going over budget and having a financial disaster on your hands.
- Have Emergency Funds: The last thing you want is to stretch your budget so thin that if something goes wrong, you don’t have the funds to get it fixed. When you set your bathroom remodeling budget, you should consider adding at least $3,000 into an emergency fund for unexpected setbacks. If you don’t end up needing to use this part of the budget, you can put it towards your next home remodeling project.
- Hire Contractors: When you hire a bathroom remodeling contractor to complete your project there will be an agreed budget before the work ever gets started. When contractors and their employees make mistakes, it is not the responsibility of the homeowner to make up for these costs. Hiring professionals is the best way to ensure your project stays within budget.
- Use Rebates, Coupons, and Perks: If you are going the DIY route for bathroom remodeling, make sure you take advantage of the rebates, coupons, and perks that home stores like Menards, Lowes, and Home Depot offers. Menards is known for their 11 percent rebate off total purchase and there are always great coupons and sales in the paper ads for these companies. You can also save money often when you open up store credit cards and take advantage of member-only perks.
Your remodeling project probably has a tight budget, but with careful planning, along with our tips and tricks, you’ll be sure to stay under. You can even consult with a contractor about your dream and idea for your bathroom before you set a specific budget to make sure your expectations are reasonable.
If you’re interested in bathroom remodeling in Tampa, Call the Bath and Kitchen Gallery at 813-454-0592.