Cost Vs. Value 2019

Cost Vs. Value 2019

Every year a cost versus value sheet is released on to the masses so that we know what the National & State averages are to doing things like windows and doors to an upscale Kitchen or Bathroom remodel. There are multiple reasons why we at Cabinets Extraordinaire pay attention to these articles. One is of course to see where we are on the scale with other builders doing similar projects that we also handle. It is a great way to see who is practicing within the averages of pricing throughout the Nation. When you, as a client, are presented these documents, it can be a real eye opener of what things cost in today’s market.  So, when you are contemplating any type of project it can help you decide on what type of budgeting you can expect and begin the process for you to wrap your mind around where you want to be with your targeted budget.

For example, what does your average guest bathroom cost and what is included for that price.

Your average guest Bathroom is at an average of $18,500

That would include an update to a 5’ x 7’ room with new updated fixtures that includes a porcelain over steel tub with 4” x 4” ceramic tile surround. New single lever temperature and pressure balance control valve; granite type countertop with drop-in sink. A standard new toilet. Flooring with either a 12” x 12” ceramic tile or vinyl type flooring.

 

A Custom or Upscale Master Bathroom remodel cost are at an average of $60,500

That would include adding 35 Sq. Ft. to the existing room within the existing property footprint. Relocation of all plumbing fixtures. Includes removing of soaking corner tub and enlarging the shower. New porcelain shower surround floor and wall tile including frameless shower glass enclosure. Free-standing tub with floor mounted tub filler.  Granite or Quartz countertops with high-end faucets and sinks. Two mirrored medicine cabinets with a new lighting package. Also, it could include items like heated floor or heated towel bars. Multiple tile designs within the space. The cabinetry would be of a custom variety with options like drawers or an integrated hamper, a salon type drawer pull-out. You get many more options with this type of space and budget.

 

 

Here are a couple more items that show averages in the Sarasota area.

  1. Average Kitchen Remodel -$50,000- $63,000
  2. Upscale Kitchen Remodel - $100,000- 126,000
  3. Midrange Master Suite Addition - $120,000
  4. Upscale Master Suite Addition - $ 250,000
  5. Complete 1500 Sq. Ft. Condo Build out -$250,000 - $375,000

These are costs that can fluctuate from project to project depending on the cost of items selected on a per job basis. We wanted to try to be helpful and set an example of preliminary budget numbers that a client can review when preparing to start a renovation.

Also, I wanted to just explain to people why we work on a retainer. One of the things you get when working with us, is the concierge design service we offer. Remember, this is not in addition to the contract but part of the included investment when doing business with us. We are a team of award winning, multi-published Designers who will work tirelessly to nail down the overall design right through to the many fine details that are required when operating at the level at which we strive to provide in our service.

No where else will you find that type of service for FREE!!! Every penny of the retainer is applied to the contract at time of signing.

WE love being transparent with our clientele so that you too know what is happening on daily with you project. Thank you for reading and we hope this helps with your decision when hiring a Licensed Contractor for your DREAM Project.

 

 


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