Housing Finances Breaking Down the Numbers: How to Budget for a Bathroom Remodel Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint.com Published Feb 7, 2014 3 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. No matter what your perfect bathroom includes, this guide will help you decide where your dollars should go. So, stop daydreaming and start budgeting! Before you begin, nail down the total dollar amount you’re comfortable spending. Remember, 40-50 percent of a remodeling budget is often spent on labor and installation costs. Here is a good way to break down the other 50 percent of your costs: Spend 20% on Plumbing Essentials It’s important that your new bathroom is functional, so choose the best quality for the essentials – toilet, drains and showerhead. Be ready to set aside about 20 percent of your overall budget for these. Tip: Don’t forget about energy efficiency during your remodel! Look into low-flow showerheads and LED lights to save water and electricity (and money on your utility bills)! Spend 10-15% on Surfaces Your surfaces truly determine the “look” of your bathroom, so pay attention to the following pieces: Cabinetry. We recommend spending a decent amount of your budget on solid cabinetry and hardware. Remember, you’ll be opening these babies up almost every day, so you want them to be durable! Flooring. When you’re floor shopping, make sure it’s slip-resistant in some way (it will be your biggest ally against bathroom accidents)! Any other detail – color, material, etc. – is up to your personal taste. The price of flooring depends on the material, and can range from vinyl (least expensive) to stones like ceramic or slate (most expensive). Tip: For a spa-worthy addition, (or if you live in a region with incredibly cold winters), consider spending a few extra dollars on heated tile. Tile. Don’t want to break the bank on retiling your bathroom? Do this: Save the “wow” factor of fancy tile designs for areas of the room that will see the most action. For example, the sidewall of the shower doesn’t need the same type of pricey tile as your vanity backsplash. Spend 5-10% on Countertops Ask yourself: how many people in your household will be using the bathroom? If you have multiple people sharing one bath, you may want to opt for a low-maintenance, affordable countertop surfaces. That way, you’ll get more surface area for less cash. Spend 5% or Less on Decor Details When it comes down to it, the feel and look of your new bathroom will come down to the details like art and color. The easiest place to start is with wall color. For an idea on what types of paint are worth splurging on, read: How Much Should You Pay for a Can of Paint?. Optional: Set Aside an Additional 20% as a Buffer Some remodeling projects end up costing more than their original budget. Give yourself some wiggle room! Once you have your total, add an additional 20 percent to your budget. This extra money will cover any unexpected costs. BrightNest is a free site that provides tools and tips to homeowners to help them save money, get organized and keep their homes in great shape. Sign up for a free BrightNest account today! Previous Post Budget-Friendly Valentine’s Day Tips: Join Mint and POPSUGAR Smart Living… Next Post American Family Budget: The Partner’s Point of View Written by Mint.com More from Mint.com Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance