Even though most bathrooms are small, the cost comes from the intensive amount of sub-contracting you may have to do (i.e., plumbers, electricians) and the expensive elements involved (fixtures, cabinetry, etc.). Of the many methods of funding your bathroom renovation, perhaps the most common way is with a home equity loan. While looking at financing, you may wish to also think about ways to save on your bathroom remodeling costs.
Remodel Bathroom Yourself or Hire a Contractor?
At this point, you need to talk a good hard look at the project and decide if you want to do it yourself or hire a pro. Safe to say, if you are motivated and are merely performing surface alterations, you should be able to remodel the bathroom yourself. Not all tasks are created equal. Installing a new toilet is simple; building a new tiled shower should be left to the pros. Assess which projects to do yourself and which to leave to the professionals.
* Contractor Licenses. If you do intend to hire a contractor, one of the first things you'll want to do is make sure the contractor is properly licensed. Licensure is not a mark of quality workmanship, though. It just means that they have fulfilled the basic minimum requirements of the licensing agency.
* Permits. Electrical, building, and other permits may be required. Apply for permits early.
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