Hi everyone. Here we break down a low and high budget for a kitchen or bath remodel based on your short or long term needs for your home or investment property. We will give you the down and dirty numbers to make your project look decent without blowing your budget. At Universal Floors and More Inc. we are your kitchen and bath remodel specialists in Lee County, FL. We are licensed and insured and offer 100% financing for your projects through Hearth.
If you are a homeowner your needs will be different than if you were an investor for buy and hold or a flipper.
First you have to determine what you want your kitchen or bath remodel to look like when finished. When it comes to style and decoration we recommend our Pinterest website for ideas.
Homeowners
Let’s focus here for a moment. Common requests are to have cabinets that maintain organization and to maximize every space possible. Let’s look at an expected Budget for Kitchen and Bath Remodel:
Kitchen Budget
A standard size 10′ x 10′ all- wood cabinet kitchen in total should be between $7,500 and $10,000 to include parts and labor. Maple and plywood are recommended. Particleboard cabinets cost less than wood cabinets but are less durable and prone to water damage.
Bathroom Budget
In a standard 5′ x 8 ‘ bathroom, a typical modest bathroom vanity with counter-top should not be more than $1000. For a total bathroom remodel the budget should be between $5,000 and $8,000 to include parts and labor.
Flipper Investors
These investors look at the bottom line. They want low cost materials to fix and flip the house for the highest price possible. Their project budget will depend on whether the property is in a low or high income neighborhood.
Low-income Flipper or Landlord Bath Remodel
This includes any property under 150K. The magic number for a total flipper bathroom repair should not be more than $5,000 for parts and labor. I work with a plumber to install the bath and vanity fixtures and this rate would include the plumbing labor. One of the ways to save money is to use Bath Fitters. They have their own crew to place these acrylic veneers that fit over the current bath or shower to make it look like new within a few hours. Recommended floor material includes ceramic tile which is cheap and durable.
High-Income Flipper Bath Remodel
This includes any property over 150K. Labor should be the same as the low-income remodel, or $3,000. Recommended floor material includes porcelain 12″ x 36″ which looks more elegant. Marble is everlasting.
At Universal Floors and More Inc. we are your kitchen and bath remodel specialists in Lee County, FL. We offer 100% financing for your projects through Hearth. Call us today for your estimate!