While a bathroom is an essential component of any home, it is often overlooked. One of the best ways you can add value to your home is to update or remodel this space. Your bathroom should look stylish and functional. A bathroom renovation or addition is one of the best ways to increase the property’s value or make it more functional for you or your family.
Remodeling an Old Bathroom
You can often remodel an outdated bathroom within your existing space. Consider the practical aspects when remodeling your bathroom. Make sure that everything functions properly and there are no leaks, toilets are best no clog toilet. Before you can make cosmetic changes to the property, fix any problems. These issues can cost a lot of money so be sure to check before you do any plumbing, electrical or structural upgrades. There are many ways to increase the value and appeal of your home.
Determine if you are looking for a new layout or more space. This will help with budgeting and determining your costs. The small jobs can be handled by anyone with basic carpentry skills. If you need to remove walls or relocate existing plumbing, you’ll likely need to hire an electrician and plumber.
The average cost for a bathroom remodel depends on how extensive the work is needed and the age of the home. It is less expensive to replace the entire bathroom than to modify fixtures and add a backsplash. However, you can expect to spend between $3,000 and $10.000 on a simple remodel. The average cost of a remodel is approximately $24,000 according to a report by Remodeling Magazine. However, your home’s resale value could recover about 60% of that amount. The average cost for an upscale remodel is around $100,000. However, 53% will be recovered in resale.
Where is the greatest return on investment? Sellers will love the new tile, updated fixtures or cabinets, and natural lighting that is brighter and more natural. Other factors to consider when remodeling include usability and adding a touch more luxury.
Things You Can add for remodeling
- You can add a Jacuzzi bathtub or steam shower to your master bathroom.
- Heating heated floors
- You can add a double sink
- Installing the shower seat
- You can install best flushing toilets
- Install a Shower with a combination of hot and cold water
Choose neutral colors for the bathroom. This will allow the buyer to picture themselves there. It is important that the design be in harmony with the rest. Avoid trendy designs and materials which may become outmoded in just a few months.
It’s a great way for you to increase your bathroom size, or make the room appear larger. You can make a bathroom appear larger by replacing the tub with an enclosed glass shower. Brighter light fixtures can be installed around the mirror or wall sconces placed around it will make the room seem larger.
Addition of a new bathroom
A second or even a third bathroom can be added to your home to make up for the lack of space. This is a large-scale project that will require several specialists and a general contractor. A second bathroom can be a great addition to your home, and may even help it sell.
To determine if the project is possible, choose the bathroom you wish to build and hire an appraiser. This will give you an idea of the potential value of your home. If you don’t wish to pay an appraisal, a Realtor will be able to assess your home’s value in comparison to other properties in the area. If your changes will make your home more expensive than the average neighborhood price, you may consider scaling back.
You can use the equity in your home to get a loan for a bathroom or other home improvements. With the positive ROI associated with this type of project, a loan from your home equity is a good option.
No matter what your decision is to make a bathroom renovation or an addition to your home, the value should be considered. A new or improved bathroom will improve your living space and sell your home faster.