The Cost of Bathroom Remodeling in 2023
- By: Susan Pearlman
- 01/03/2023
In this article
While 2020 had its ups and downs, so did everything else. So, if you’re looking to remodel your bathroom in 2021, you’ll need to be aware of how the pandemic has affected the cost of jobs like these in your area. By now, most of us have heard lots of buzz about the rising cost of building materials, specifically in lumber — but how can you know what to expect in terms of cost of materials and labor that can directly affect the bang for your buck?
Experience Pays Off
To answer this question, you’ll need to find an experienced contractor who can answer your questions and help you navigate challenges you may face. At Home Pros can put you in touch with licensed, insured contractors in your area, so you don’t have to do the work of screening them yourself.
By finding an experienced contractor who has good, longtime working relationships with subcontractors and suppliers, it may be possible to obtain a quality finished product in a timely manner and at a cost effective rate — despite the effects of the pandemic. An experienced contractor who has been able to maintain steady business throughout COVID-19 is more likely able to provide you with creative solutions to supply problems, so be sure you ask questions and discuss how the pandemic has directly affected their business. They may have some useful tips for obtaining the materials you want and for working around limitations.
Good to Know
By finding an experienced contractor who has good, longtime working relationships with subcontractors and suppliers, it may be possible to obtain a quality finished product in a timely manner and at a cost effective rate
Adding Up
When determining cost, not only will you need to consider material cost, but you’ll also have to take into account the size of your bathroom and how much work you want to have done. Is this a job with just minor changes, or are you installing a luxury bathroom?
If you’re doing a big renovation, you may also need to consider the cost of permits that may be needed to complete work. Factor in framing, drywall, plumbing, unexpected repairs and labor — and the cost can still add up, even if you are successful at avoiding inflated prices on materials. Overall, it’s best to be prepared to spend more than you expect. This way, you can keep a safe budget and rest easy, knowing that you’ll be able to cover the cost of unforeseen issues.
Will It Pay to Wait?
If you are still unsure about starting your renovation, it doesn’t hurt to wait and gather more information. While you may be eager to remodel in 2021, it may be better to wait until supply and demand are more balanced. This may help you avoid higher costs and issues that can stall out your timeline. The last thing you want to do is invest more into your home than you can get on your return.
However, it never hurts to explore your options and get quotes from reputable contractors in your local area. Let At Home Pros put you in touch with licensed, insured professionals that can give you a better idea of what you can expect to spend. Then, you can confidently decide if remodeling your bathroom in 2021 is right for you.