Did you know you spend between 700 and 800 days in the bathroom during your lifespan? According to Infographics Archive, this means you spend between two and three years of your life in the bathroom doing tasks such as showering, brushing your teeth, grooming, and using the bathroom.
Considering how much time the average person spends in the bathroom over their lifetime, it makes sense that a bathroom remodel is the most commonly performed remodeling job.
Remodeling is a Great Idea
Remodeling is great for the economy, the real estate industry, and the overall value of your home. It, however, can also be risky if you are not prepared for the costs associated with the project. In addition to all the planned expenses of your bathroom remodel, you also might encounter a pitfall or two that results in an unexpected expense. This is what typically causes a remodeling budget to spiral out of control.
What can you do to make sure your bathroom remodel doesn’t turn into a financial nightmare?
Plan and Prepare
You do research, and then you do even more research. Through your research, you create a bathroom remodeling checklist. Then, you stick to the checklist to keep yourself on budget. The only time you stray from the checklist is if you run into an unavoidable snag.
And, if an unavoidable problem comes up? You fix the problem and go right back to the checklist.
Track Your Spending
Even with that checklist in hand, you are going to want to keep track of your spending. Fortunately, there are tons of different ways to track spending. You just have to figure out which one works best for you and stick to it. Whether you track using pen and paper, a spreadsheet, or a software program – the important thing is that you do keep track. This will ensure you never go over budget.
Clarify Your Goals
As sick as you are going to be of planning and preparing, you are going to do a little more with this step. Basically, you need to sit down and think about your goals and desires with your bathroom. You need to have a clear idea of what you need your bathroom to have as well as what you want your bathroom to have.
Once you have all of this written down, your bathroom needs must be met and the wants can be met if they fit into your budget. You must be careful about separating your wants from your needs. Putting wants into the needs category is one of the mistakes that commonly results in going over budget.
Plan For Pitfalls
Always assume something is going to go wrong. With remodels, something almost always goes wrong. If you plan ahead and have money worked into your budget for unexpected expenses, you won’t find yourself struggling financially during the remodel.
As you can see, sticking to a budget when remodeling your bathroom is about planning, preparing, and more planning. The more time you spend preparing for the remodel, the less likely you are to find yourself halfway through the model with no money left to finish it. If you keep the tips above in mind during your bathroom remodel, you should have no trouble sticking to your budget.