Updated May 21, 2018 06:21:10 The cost of remodeling a bathroom is an often-overlooked part of the home remodeling process.
In fact, the average cost of renovating a bathroom for the average home has gone up about 50 percent in the last 10 years, according to a new study.
“This is a huge opportunity for a lot of home owners who have been looking for a new home for a long time,” says Robyn Schiebner, the lead author of the study.
Thats why she’s been doing a lot more work on the subject, especially in light of the rising cost of the bathroom remodeling industry.
“I am very excited about the opportunity to be able to do that work with the people that are helping me out,” she said.
“The goal is to be a partner in this effort to make this happen.”
The researchers looked at data from the U.S. Census Bureau’s 2010 American Community Survey and the 2010 Census Bureau Uniformed and Overseas Citizens Request for Information, or USCIRO, which covers more than 1.2 million households.
They looked at the total cost of renovation of all rooms in a house and then the total amount of time spent on the remodeling of a single room in each room.
That’s where the study’s biggest finding comes in.
“In 2010, we found that remodeling the bathroom in a new residence was costing about half as much as it did 10 years ago,” Schieders co-author, David Storch, said in a statement.
“So in the 10 years we looked at, there were a lot fewer remodeling costs for a house than there were for the bathrooms.”
The study found that in 2014, the median remodeling cost for a home was $1,500.
The median cost of a house in 2018 was $4,200.
“It seems like there is a big jump between 2010 and 2017,” Smebner said.
That jump was largely due to a jump in the number of rooms in the home that required remodeling.
“People are more likely to spend money on the kitchen, bathroom and living area,” she added.
The study is one of the first to look at how often a house is renovated and how that could affect the cost of your bathroom remodels.
The researchers analyzed the median cost for each remodeling project and then found that a bathroom remodeled five times over the course of a 10-year period had a median remodel price of $2,813.
That was up about $500 from 2010.
That means the cost per remodel jumped nearly 30 percent from 2010 to 2018.
The biggest jump was in the kitchen remodeling area, where the median price jumped $1.3 million to $5,085, which is about 20 percent higher than the median $3,000 price for the same period.
In the bathroom, the price jump was about 10 percent.
“If you are remodeling your bathroom a couple times, you are going to have a lot less of that,” Smedner said in an interview with Home Depot.
She said the price difference can be even greater if you are moving in and out of a new house.
“You can have two or three bathrooms in the house and you’re looking at $4.5,000 or $5.5 million in total costs,” Smerner said, referring to remodeling money.
The authors said there are other factors that could influence the cost.
“For instance, the new bathrooms may not be quite as well maintained or they may have an older or more functional style, but they are also not as well designed as they were 10 years prior,” Smiebner explained.
“There may be some changes in the plumbing and electrical system that could increase the cost, too.”
The authors also said the increase in the remodel costs could also be due to an increase in remodeling fees.
“When people are moving to a newer home, they may be willing to pay more for the cost,” Smekner said of remodels in 2018.
But the study didn’t say how many of those changes were due to increased remodeling fee requests.
“We have not looked at how much fees may have contributed to these increases,” Sschoebner said when contacted by ABC News.
“But our estimate is that there is probably not enough data to say with confidence.”
The findings come at a time when people are looking for ways to reduce the costs of home renovations.
Home Depot recently started offering a $1 million rebate to people who buy a house they want to renovate.
It will be extended to other homes as well.
Schieborner said she hopes to expand the study to include a broader scope of remodel fees, and to be more specific about which remodel types are most costly.
“One thing I think is really important about this