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Updated almost 4 years ago on . Most recent reply
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13K Bathroom Remodel - Help!
Hi all!
I just walked through my first flip property (yay!) with my GC this morning. He is quoting me 13k on a small master bath. I think it's too much but would love to hear from some of you. If I pay 13k for this bathroom, I will be way over budget and will walk away with very little profit...
Here are the pics:
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@Tomiko Graves
Tomiko, 13k seems off the chart to me. My expectations/experience:
New Vanity & Mirror Combo $250 at Home Depot
Vanity Light $85 at Lowes
New Toilet $150 at Lowes
LVP Flooring 100 sq. feet (tops) at 2.20 sq ft. = $220 at Menards
Tub $275 at Lowes
Tub surround $220 at Lowes
or Tub Porcelain tile surround 60 sq feet at 2.00 = $120 + mastic and grout $100 at Lowes
Faucets, towel racks, and such $300 at Lowes
So about $1500 in materials.
I'd normally pay about $300 for demo. $200 to lay the flooring, $1000 to set the vanity and vinyl tub with surround and $200 to hang light, mirror and towel racks. So $1700 for labor. Add about $400 more for the tile installation if your home requires that upgrade. Of course, then you'd save $220 on the unneeded surround.
All in for around $3700. You could easily escalate the price with nicer finishes and fancy showers. That seems unnecessary to me in your ARV range.
Keep in mind I live in the Midwest and prices here are pretty reasonable. Still $4k is way different then $13K. We do beautiful kitchens here for less then that outlandish price.
Good luck on your first flip!