How to decide on a Bathroom Renovation Budget?

Canadians love fixing up their homes and renovating it to suit their choices. According to a report by Altus Group,Guest Posting a property consultancy firm in Toronto, the total residential renovation spending in 2018 will be $74 billion. And, a bathroom remodel remains in top planned renovation projects for Canadian homeowners. If you are interested in renovating the powder room, cost is the number one priority.

2018 Average Bathroom Renovation Cost in Toronto

Usually homeowners spend at least $10,000 on bathroom renovations. But, it is not necessary to have your budget close to the average. Small renovations can cost you less than $5000 and luxurious remodeling projects can increase your cost by several thousand dollars. Let’s understand the cost of your bathroom renovation project in detail:

1. Cost of a Small Bathroom Renovation is…

According to an article by, a small renovation can cost you in the range of $3000-$12000. If you are looking for an affordable renovation that keeps the bathroom in good shape, you can opt for it. A small renovation project is ideal when the bathroom walls, doors and cabinets simply need a fresh paint of color. Also, you should be okay with affordable countertops such as laminate and ceramic tiles. It will not include any major plumbing overhaul such as changing the location of the bathtub.

2. A Medium Range Bathroom Remodel will cost you this…

A medium range renovation project needs you to have at least $20,000 in the pocket. When you want to opt for a complete overhaul of the bathroom, you will have to put aside a considerable amount. It will include the cost for a new flooring, better sink, new toilet and stylish vanity to take care of your needs. You can upgrade the fixtures and even opt for customized bathroom cabinets. It can also include a bathtub to shower conversion.

3. Amount that you will spend on a Luxury Remodel is…

When it comes to luxury bathroom remodel ideas, the sky is the limit. You can opt for solid wood pieces in the bathroom. Opting for a walk-in closet, a TV cabinet, heated flooring, or a sauna can quickly add to the cost. But, if you intend to stay in the house for a very long time, a deluxe bathroom renovation is a good way of transforming the bathroom into a relaxing spa. An average luxury bathroom remodeling project can start from $20,000 and go anywhere up to $100,000.