Many people put off bathroom renovations, fearing the hip pocket won’t be able to handle the whopping cost – but we’re here to show you that a bathroom refresh doesn’t have to cost the earth.
Whether you’re looking to revamp the bathroom in your own or in an investment property, one thing is a certain: improving the look and functionality of a bathroom is a sure-fire way to add value to your property.
And while many bathrooms across the country are in desperate need of a makeover, many owners shy away from the task because they worry it will blow the budget.
Renovation expert Geoff Doidge, one half of Brisbane-based duo the Reno Kinds, understands property owners’ concerns, as bathroom renovations can be one of the most costly areas to refresh in a home.
“According to HIA, the average cost of a bathroom is $27,000,” explains Doidge. “You can spend tens of thousands if you like and make it like the Taj Mahal, or you can do it very simply for under $800.”
Doidge has renovated many tired, old bathrooms on a shoestring budget in his time, and here he shares his foolproof strategy for success.
1. Use white tiles and paint
You can’t go wrong with a light, fresh, crisp shade of white. It brightens up even the smallest bathrooms and gives the impression of space and light. Furthermore, white walls and floors provide a clean, neutral colour palette for you (or your tenants) to add your own personal touches to with décor.
2. Use existing plumbing
Moving pipes not only costs a lot of money, but according to diybathrooms.com.au, you may need council approval to renovate a bathroom if you significantly alter the plumbing or alter the windows. They also point out that any building work worth more than $12,000 may require home warranty insurance, depending on your state.
3. Replace the toilet, vanity and taps
By replacing these key items you achieve the look of a full-bathroom renovation, but for a fraction of the price. Doidge recommends scouring second-hand/recycling centres, auctions, eBay, newspaper listings, garage sales, factory outlets or catalogue sales. “You do need to spend a bit of time finding them, but you can make a big saving,” Doidge says.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now