Saving Money on Bathroom Renovations

Thank you for contacting Indy Renovation, your premier Indianapolis bathroom remodeler. Please enjoy these seven tips from the experts to learn how you could save up to 50% on your next bathroom renovation. Then, give us a call at (317) 375-4464 to get started on your bathroom remodel, and check out our specials page today!

1. The First Tip: Have a Plan and Know Your Budget

The average bathroom renovation can cost anywhere between $5,000 and $10,000. This cost includes replacement of the tub/shower unit, faucets, toilet, vanity, medicine cabinet, lighting, flooring, and wall accessories. The price can of course vary depending on bathroom size, material, and custom work required. While the bathroom is the most expensive room to remodel per square foot, a bathroom remodel is also a worthwhile expense and an excellent way to recoup on your home investment.

Due to the relatively high cost associated with a quality bathroom remodel, it is wise to know the ballpark amount of finances needed, and either have that money saved or secured with an equity loan. If at all possible, try to avoid financing through a “big box” store that will charge up to a 22.5% interest rate; an equity loan can be approved for as low as 2.5%. This in and of itself can save you thousands in the long run, and up to 20% of your remodel cost.

2. Hire a Licensed Professional

Choose a bathroom remodeler that has been recognized in this field, has a long and positive track record, is bonded and insured, and can provide numerous referrals. Hiring the right professional for your bathroom renovation can help you avoid the stress and hassles that often come with an inexperienced contractor. In the unfortunate situation that filing a lawsuit against a contractor becomes necessary, the homeowner is truly the one that suffers due to lost time and money. Many times, these lawsuits are ineffective and the homeowner is left footing the bill and paying to hire another contractor to do the job right.

3. Consult with the Experts

Many consumers will initially go to a “big box” store, only to wind up speaking with an associate who knows little of the ins and outs of bathroom remodeling. These well-meaning but inexperienced individuals may inadvertently offer incorrect information, or even charge a fee for an estimate. You could potentially find yourself in a time-wasting, downward spiral, making many trips to different stores and getting different information each time. I have personally heard of consumers making 10 trips to stores, getting the wrong material, and wasting up to 40 hours of their precious time in the process. The time and money wasted on such a fiasco is frustrating and unnecessary.

4. Focus on Quality

Once you decide on the perfect bathroom fixtures, you might be tempted to purchase inexpensive material while sacrificing quality and integrity of material. While the initial savings might seem nice, cheap fixtures have short lifespans, and the cost of replacing them will add up quickly. Keep this in mind, and let a trusted expert who knows the materials guide you on your investment. This does not necessarily mean spending extravagant amounts of money, but investing little extra from the start can save you a great deal in the long run.

5. Avoid the “Middle Man”

Some companies will hire licensed professionals such as plumbers, electricians, drywallers, carpenters, and others to complete specific jobs throughout the remodeling process. An additional professional will charge their fee to the general contractor, who will then increase his price, resulting in as much as a 100% mark up by the time the cost is passed on to you. Home improvement companies and “big box” stores also will mark up their contractor cost as much as 35%. Considering the potential savings, it is extremely beneficial to ask the right questions and ensure the company you hire completes each phase of the project with their own employees.

6. Hiring an Architect

Depending on the scale of your renovation project, you may want to hire an architect. This is usually necessary when you want to change the location of fixtures, introduce a spa type atmosphere, or need other custom work. Bringing in an architect is often a good idea, but can add up to 10% to the project cost, as it involves extensive meetings, multiple job visits, and several sets of construction plans. Indy Renovation is pleased to offer this service for free. Just call (317) 375-4464 or e-mail us to schedule a free in-home estimate.

7. Check with the Better Business Bureau

Remodeling issues are the number one complaint with the BBB, and bathroom renovation is the number one remodeling complaint. Hiring a company with a poor rating or no rating at all is a risky endeavor that could cost you in long run. For the past 10 years, Indy Renovation has remained complaint-free with an A+ rating.

Indy Renovation and related companies have a very long and positive track record. Jr. Ebersole started his remodeling and plumbing company back in 1950. In 1960, he entered into a bathroom remodeling and general plumbing contract with Sears and Roebuck. Although Sears chose to leave the remodeling business in 1998, we still continue to provide general plumbing services for their customers. This contract is one of the oldest standing contracts for this type of work. We also began working for Home Depot in 2000 and have been their exclusive plumbing company ever since.

For past five years, Indy Renovation has been chosen as the best bathroom contractor in Central Indiana, and Gary Ebersole, C.E.O. of Indy Renovation, won the Presidential Award from Consumer Choice Award for Business Excellence.

7 Tips in Review

Individually, each of the aforementioned tips could save you anywhere from 10-50%, so you can imagine how quickly the savings add up when these tips are combined. Here is a brief review of the 7 Tips:

1. Plan Your Budget
Indy Renovation makes planning easy by offering affordable financing.

2. Hire a Licensed Professional
Indy Renovation is a licensed plumbing company with more than 50 years of experience over three generations. We are bonded, insured, and can provide over 100 referrals, plus testimonials.

3. Consult with the Experts
Indy Renovation has over 50,000 items from which to choose. You can even select all of your materials from the comfort of your home. We purchase material as a wholesaler and pass those savings on to you, saving you both time and money.

4. Focus on Quality
Our many years of experience and the thousands of fixtures we have installed enable us to choose the best plumbing fixtures for each home. Our experts can suggest which fixtures will look and work best for your renovation.

5. Avoid the Middle Man
Indy Renovation completes each phase of your project with our own employees, preventing any additional cost or hassles associated with bringing in outside contractors.

6. Hiring an Architect
We offer free design and architectural services.

7. Check with BBB
Indy Renovation has an A+ rating with the Better Business Bureau.

Now that you know how you to save big on your next bathroom renovation, give us a call at (317) 375-4464 and we’ll help you get started today!