How Much Value Bathroom Remodeling Adds to a Home
Remodeling the bathroom is a great way to add value to your home. When potential buyers view a home, the bathroom is generally one of their top concerns. A home with small or outdated bathrooms can take a lot longer to sell. A bathroom that feels small or cramped can leave a person feeling uncomfortable about the prospect of living in a possible future home. While powder rooms are much-appreciated features, the master bathroom is one of the most important selling points of a home. Almost every home buyer is hoping for a reasonably large, comfortable master bath.
Every year, Remodeling Magazine publishes their Cost vs. Value report. This report includes a list of the most common home improvement projects, their cost, and the amount you can expect to recoup when you sell your home.
As of late, according to this Cost vs. Value report, there are not any home improvements that show 100% return on the investment. However,bathroom remodeling is still one of the best possible options if you are looking for a way to add value to your home. The best way to see a higher percentage of your remodeling cost returning to you in the resale value is to spend the money wisely. For example, If the sink is old and the wall color is leftover from the 1970s, but the size and layout is otherwise good, repaint and find some moderately priced modern fixtures. If the room is too small and moving the walls is not an option, a well-placed mirror can create the perception of more space. Glass shower doors are an upgrade over curtains. If you are looking to sell your home, the best thing to do is to find ways to get the maximum improvement for the minimum cost output. Talk to a professional bathroom remodeling contractor and explore the most cost-effective options.
One of the big concerns for sellers is the length of time their home sits on the market. For homeowners looking to minimize the time your home sits on the market, bathroom remodeling is one of your best options, particularly if your home has less than optimal bathrooms. Sometimes, after living in a home for a while, it can be difficult to look at the situation objectively. Having someone who does lot live in your home, such as a real estate agent, walk through and objectively judge the bathrooms of your home can be helpful.
Along with kitchens, bathrooms are often the number one selling point of homes. Homes with multiple, comfortable bathrooms sell much faster than homes with bathrooms that are old, outdated, too small, or too few. Homes with only one bathroom take a lot longer to sell than other homes.
The master bath is one of the most important features of a home. It is one feature that can really make of break a sale for a potential home buyer. Home buyers’ eyes light up with they see a beautiful, spacious master bathroom. As the master bathroom is often shared by a couple, take this into consideration when doing any major renovations. Adding a double sink if you don’t have one is a great option, as it allows for more than one person to get ready at the same time.
If you plan on living in your house for the foreseeable future, you may want to consider a more extensive remodeling project. High quality bathroom remodeling will hold its value when done right. Experts suggest following a few simple rules to make you newly-remodeled bathroom stand the test of time. Most importantly, aim for increased functionality and comfort. Choose tiles and flooring that are durable and neutral, in order to create a flexible background of the tastes of current and future owners. Secondly, when possible, go for space. People like to feel comfortable and un-restricted when they are getting ready in the morning.
No matter what the condition of the real estate market, high quality and cost-effective bathroom remodeling is a great way to add value to your home in the long term. A newly-remodeled bathroom can not only help your home sell faster, but it can also make the experience of living in your home more enjoyable.
Article written by Connie Gallerizzo , and appeared on www.fixthehome.com