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In remodel construction, the average gross profit margin is between 34% and 42%. Now, keep in mind, the gross profit margin is not what the contractor actually takes home. Since business overhead expenses are not included in the direct cost, they must be subtracted from the gross profit.
But if you're looking for some standard guidelines, you can reference the National Kitchen and Bath Association's cost breakdown: Design ? 4% Labor ? 20% Flooring ? 9% Walls & Ceilings ? 5% Doors & Windows ? 4% Faucets & Plumbing ? 14% Countertops ? 7% Cabinetry & Hardware ? 16%
Comparing Bathroom Remodel Quotes Every detail of the project should be noted, including the cost of the materials, start and finish dates, and hourly rate. Your quote should also include factors like disposal or dumpsters, permits, and portable toilets ? as well as the contracting company's labor rate.
These may include drywall materials, paint, tiles, flooring, a vanity, cabinets, countertops, a toilet, a tub, a bathtub or shower enclosure, plumbing fixtures, lighting fixtures, vents, electrical wiring/switches/receptacles, and tools and other necessities needed to complete the project.
It costs an average of $10,978 to remodel a bathroom, but this project can range from $2,500 to $80,000. While bathroom remodeling is a significant investment, it's a great way to revamp your home. Your total project cost depends on various factors, including your bathroom's size and the project's scope.