Reasonable budget projection?
My 50 year old house has two small side-by-side bathrooms on the second floor. One is about a ten year old remodel, middling to low quality fixtures and installation. The other is a "put on the market" nightmare. Both need to be renovated, and I think it makes sense to do them both at the same time.
To this end, I am putting a completely new bathroom in the basement. (Cutting into existing lines, all new electrical, etc.) As there is no timeline I am GCing it myself, bringing in a plumber I like, an electrician I like, and a carpenter I like.Fully permitted etc.
The electrician is very expensive, the plumber is middling expensive, (although I will be using a different, and more expensive plumber upstairs), and the carpenter is rather cheap because he is moonlighting (from a very expensive GC I like).
This bathroom will take something along the lines of 6 months, and I am using very basic materials, but the quality will be much better than average. I think it is going to top out at about $15,000. I live in an area where costs are about 30% higher than national average
I *think* once there is a full bath in the house, we could tolerate another prolonged project
Do you think, given the fact that there is preexisting plumbing connections and such, and it is upstairs rather than a basement, that I could do two more bathrooms in the $30-35K total ballpark, given small size, good quality but not extravagant materials (Daltile, AnnSacks Basics, Kohler cast iron and faucets)?
I am seeing substantial savings, I think, in the basement bath by utilizing the carpenter as an individual, and not expecting a quick turnaround. If I were using the GC I used in my last kitchen I think these baths would be $50K total, anyway. They would want to do it as time and materials since I am designing myself and spec'ing materials myself and they bill out at an hourly nearly triple what the carpenter charges on his own (of which he gets paid less than he is charging me per hour).
Maybe this is a hard question for someone to answer, but does this seem reasonable?