Monday, January 9th, 2023 by Susan Raisanen
A combination of increased interest rates and limited inventory of new homes and homes for sale is contributing to the strong demand among homeowners in Scottsdale and the Phoenix area to undertake renovation projects in 2023. This reflects a national survey that found many homeowners want to improve their existing home because the cost of moving has become too expensive. Additionally, more than 50% of homeowners surveyed reported that they do not plan to sell or move in the next 20 years or ever.
With our visit with customers and according to others in the industry, many homeowners in Scottsdale have realized that it is more cost-effective to renovate their existing home than to purchase a new one.
Over the past few years and continuing today, one of the major projects that homeowners are undertaking is to improve the performance, capabilities, and enjoyment of their primary bath.
Imagine washing away the stresses of the day while sitting in your blue-tooth controlled steam shower enjoying your favorite music and cleansing the impurities from your body! It's not only good for the body, but is also good food for the soul.
Homeowners ask how much it costs to remodel a bathroom. We have no blanket answer, unless we say, "It depends." There are numerous factors that affect the cost of a bathroom remodel. Moving walls, electrical, plumbing, and other infrastructure items behind walls affect the price tag. Depending on what you are doing, it is common to see a full primary bathroom remodel for anywhere from $60k to $150k or more.
When creating a bathroom design, we want to start with the right layout. New baths not only have to be beautiful, but also functional. Our Scottsdale designers will ask many questions to help figure out how best to use the space.
Labor is the biggest cost of any bathroom renovation, and the bottom line on labor is affected by types of product selections, and size of the scope of the project. For example, odd shapes and larger baths will generally be more costly than a conventional sized and shaped bath.
As a Scottsdale Remodeling Professional, we also know where the greatest returns on investments are in a remodel. One is to allocate more resources to the products that you will use every day such as the shower system.
Little details matter a lot. In fact, we say it's the details that really make the project pop! Hardware for your cabinet doors and drawers is comparable to the jewelry you select when going out for a night on the town. You can make a striking statement with the right hardware, and although it makes a huge difference, it does not need to have a Tiffany price tag.
Lighting provides another opportunity to obtain a luxury look on a limited budget. Lighting is primarily responsible for how your new bath will look and feel. When you compromise the quality of light, you compromise the entire project. Today, lighting technology offers unlimited options to create different moods and feelings every time you use your bath or kitchen. Plus, pendants, chandeliers, under cabinet, in drawer, in cabinet, under cabinet, and well placed in-ceiling lighting offers another opportunity to express your individual style within a defined budget.
Flooring represents an opportunity to stretch budget dollars as well. The setting of the tile affects the price. Large ceramic tiles installed diagonally give a rich impression without a corresponding large price tag.
Are you unsure if you have the budget to renovate your bath and achieve your goals? Please give us a call at 1-480-367-1171, and ask for one of our designers to visit you at your home. We can help create a plan that meets a variety of budgets and your dreams.