We get asked this question a lot. A major problem in the home improvement industry is that there is a very lax enforcement of licensing and little to no official standards of quality. With only the building code to fall back on (which really means you are only building to the least acceptable minimal standards) consumers have little to gauge what real quality construction really is. Construction is not a commodity like buying gasoline at the station across the street because it is 2 cents cheaper.
One of the worst things you can do and many consumers fall into this, is to falsely believe that no matter who you hire the results will come out the same. Nothing is farther from the truth, however most people don’t find this out until they are in the middle of their project or a year later when things start to crack, peal and leak.
As a result the home improvement industry is filled with fly-by-nighters, hacks and “handy-men” who take advantage of this false belief many consumers have, they are masquerading as professional contractors but have minimal experience and no dedication to standing behind their work. The low prices these charlatans advertise and submit as bids come with a devastating price to pay to all homeowners. The only person who benefited was the low-baller who short-cutted the project all the way through. The customer ends up holding the bag when the promises are not delivered upon and the problems such as cracked walls, leaky pipes, out of level bathtubs, broken grout and other issues begin to show up shortly after.
Home improvements are not inexpensive, there is a definite cost to hiring professional remodelers who have the experience to know how to do something right and the integrity to do it correctly without short-cuts so that the renovations last.
How much does it cost? It actually costs quite a bit to do something right the first time. There are some reliable 3rd party references for remodeling cost. Probably the best known and most highly regarded would be Remodeling Magazine, they publish an annual Cost VS Value report collected from 60 of the top US housing markets. It’s highly regarded by the industry as a bench mark or at least a valuable starting point for accurate cost forecasting for remodeling.
According to Remodeling Magazine the average midrange Brooklyn bathroom remodel runs around $28,000. The average upscale Brooklyn bathroom remodel runs around $84,000. The magazine points out that one can usually recoup over 50% of those costs on resale.
Add 6×8-foot bathroom over crawlspace with poured concrete walls. Use cultured-stone vanity top with molded sink; standard chrome faucets; 30×60-inch white fiberglass tub/shower with ceramic tile surround; single-lever temperature and pressure-balanced faucet; white low-profile toilet; general and spot lighting; electrical wiring to code; mirrored medicine cabinet; linen storage closet or cabinet; painted trim; ceramic tile floor. Average cost $28,000
Add new 100-square-foot master bath to existing master bedroom over crawlspace. Include 42×42-inch neo-angle shower with ceramic tile walls, accent strip, recessed shower caddy, body-spray fixtures, and frameless glass enclosure. Put in freestanding soaker tub with high-end faucets; stone countertop with two sinks; two mirrored medicine cabinets with lighting; a compartmentalized commode area with one-piece toilet; and a humidistat-controlled exhaust fan. Use larger matching ceramic tiles on the floor, laid on diagonal with ceramic tile base molding. Add general and spot lighting and waterproof shower fixture. Cabinetry has custom drawer base, wall cabinets. Extend HVAC. Electric in-floor heating. Average cost $84,000