Hope everyone had a good weekend! Looking for advice on a bathroom remodel budget and advice on whether or not we should add additional bath and recommended budget for doing so.
We live in a town home and majority of the townhomes in our neighborhood have 2 1/2 or 3 1/2 baths. We got lucky enough to buy one of the few with only 1 1/2 bath (UGH!), but there is a rough-in in the basement for an additional bath.
So my first question is would you add a bathroom in the basement to make the house 2 1/2 bath to be more competitive and for resale value? And if so, what should our budget be? The main expenses will be materials (tub or shower, plumbing materials, fixtures, etc.) and having a contractor do the framing/drywall. My guess was $5,000 to put a (small) full bath in our basement. A few things to note: my father is a licensed plumber so plumbing will likely be free, my stepdad has experience as an electrician so that will likely be free as well, and my H's dad/step dad are pretty handy so tile work and finishing details we can DIY. Does that sound reasonable? I live in a MCOL area.
My other question is does $700 sound reasonable for a small bathroom upgrade to our upstairs bath: paint, light tile work on the shower (re grout and add mosaic tile to existing white subway tile), new tile floor, and new sink fixture? We would do all the work ourselves. We've also considered putting in double sinks upstairs, do you think it would be worth the cost? Again plumbing should be mostly free, so the main expense would be either getting a new vanity or ripping the old counter out and putting in new sink(s) and counter. The budget for this would be around $2,500. This is the only full bath upstairs and it is a "jack and jill" bath so I'm not sure if the double sinks would be a big selling feature or if people would prefer the extra counter space. The current vanity is pretty big but also plain with only 4 doors and no drawers.
I'm hoping my budgets are over estimated so we don't have any surprises. We aren't going high end on either of the bathrooms because we are planning to sell in 5-7 years and just want to make it nicer for resale value. We've updated all the other rooms in our house and our bathroom is the only thing that needs a small update. Timeline for the existing bath would be before spring of 2016 and putting in the other bath would be around Jan 2017, so we have time to save.
Thanks in advance!
Re: Bathroom Budget
House value would go up with an additional bath but ultimately a house is only worth what someone is willing to pay for it.
Basement is finished and we hang out down there all the time. It would take some of the storage area away, but there would still be plenty of room for shelving/storage in the unfinished side of the basement. Most of our friends that stay over sleep in the basement (we have a guest room set up but no cable up there so they prefer the basement), so it would definitely get used by us and friends. The tub/shower not so much, but it's not insanely expensive to add a tub/shower and the next people might use it plus that would give 2 full baths.
Other houses in our neighborhood have 2 1/2 or 3 1/2 baths and the ones that don't seem to sit for a while, so I'm hoping it would be a good choice to make us more competitive, a number of our neighbors are thinking of selling in the next 5 years which is our timeline too.
WOW! I may need to contact a few contractors to see how much framing/drywall installation would be. And installing a fan/vent system down there, which I don't believe already exists. I hope I'm not grossly off base here on my budget. Thanks for the info.
Thanks for info! I agree tile and vanity would be the biggest unknowns here, but we can definitely keep an eye out for those when they go on sale and price out what is realistic for us. Right now I'm just guessing on my budgets so tonight I will sit down and starting pricing everything out.
Not 100% sure if we should put double sinks in or not, but they seem to be a big selling feature on HGTV.
In regards to the small bathroom I don't think that $700 but depending on what types of tiles you pick and how good you are at finding deals and how small that bathroom really is, it could work. What I would do is take measurements of your bathroom and the go to the store, or at least go online & start pricing things out. Price out every little details from the paint, paint tape, brushes/rollers, to lights, fixtures, will you want to faucets, will you want new towel rods, a new toliet paper holder, what tools will you need for doing the tile jobs and from those, which ones do you need to buy (don't forget sponges for grout work). Make up the long list of tools & supplies you'll need to get it the way you want it & go price everything out. That will tell you if your budget is realistic or not.
In regards to the downstairs bathroom, is your basement finished or if not, do you plan to finish it. No one really wants to go into an unfinished basement to shower.
Thanks for tips! We actually already have brushes, rollers, drop cloths, etc. and my H is really good at free hand painting so we won't need tape. When we moved in we replaced the light fixtures, towel rod and toliet paper holder in there so they won't need to be replaced again. Paint will be about $35 for a gallon. The biggest cost (unless we do a new vanity) will be the tile for the floor. H's step dad has all the tools we need for the tile, including a wet saw for cutting so we'll just borrow those.
The basement is finished and we're down there often. Most of the houses in our neighborhood have a full bath in the basement.
The current half bath is on the main floor of our townhouse and is very small by the front door, so it won't be an option to put a shower/tub in there. And I think to convert our bathroom upstairs into two baths would be crazy expensive versus putting one in the basement.
I'll have to talk to my dad about the up-flow plumbing, thanks for the heads up! He handles all of our plumbing work, so hopefully he'll be able to advise me on the materials costs to put it in. Labor would most likely be free, or extremely cheap because he would put it in.
ETA: Most of the houses that have 2 1/2 or 3 1/2 baths in my neighborhood have a full bath in the basement, so it seems to be the norm in this neighborhood; however, that doesn't mean it will increase our home value enough to justify the cost. I may need to talk to some realtors in our area to find out if it's worth it.
Basement is finished and we hang out down there all the time. It would take some of the storage area away, but there would still be plenty of room for shelving/storage in the unfinished side of the basement. Most of our friends that stay over sleep in the basement (we have a guest room set up but no cable up there so they prefer the basement), so it would definitely get used by us and friends. The tub/shower not so much, but it's not insanely expensive to add a tub/shower and the next people might use it plus that would give 2 full baths.
Other houses in our neighborhood have 2 1/2 or 3 1/2 baths and the ones that don't seem to sit for a while, so I'm hoping it would be a good choice to make us more competitive, a number of our neighbors are thinking of selling in the next 5 years which is our timeline too.
Since it's a finished basement that gets used regularly, I'd do it!There's a lot of inexpensive tile options out there and nice budget friendly vanities. With the experience of your family that's willing to help, I think you can do it on a small budget. I agree with looking online or going in store to make a price list. In store always seems to have some unadvertised sales and clearance items.