RE:There is hope... I’ve also looked into adding another bathroom on the third floor of my house and prior to Covid, got a quote for 75k (nothing fancy, just a standard 120 sqft bath). The project was delayed due to lockdown, and now I’m being sent a new quote for the exact same thing from the same contractor, and the cost is 102k. He said the cost of lumber, materials, labour and tradesmen have all gone up significantly. That’s our current inflation.
I would be looking for a new contractor. First off. 75 K for a 10 x12 bathroom is ridiculous let alone 102 K.
Price of wood has gone up,,, true. Is the tub made of gold? :-)