Bathrooms are essential to any home, but often go overlooked when homeowners consider which space to remodel. In fact, bathroom remodels tend to be one of the best ways to add value to your home along with kitchen remodels. You want your bathroom to work for you and have style or attract potential buyers. A remodel can increase the value of your home whether you’re looking to sell the property or simply want to improve your home’s functionality.
Outdated bathrooms can be easily remodeled to fit their current space. Before you begin, consider if there are any repairs that need to be made along with the remodel, such as leaky faucets or damaged floors. Plumbing, electrical, and structural upgrades or repairs can be costly, so it’s best to be upfront and aware of these issues, if there are any. The good news is that making these repairs only helps increase your home’s value.
Part of updating an existing bathroom means you need to consider whether you are changing the layout of the space, making the space bigger, or simply updating the design. This can help determine your costs and budget. Increasing the space tends to be a great way to add to the overall value of your home. Upgrading any lighting or plumbing fixtures can also increase value.
The average cost of updating an existing bathroom varies widely, depending on the age of the home, any repairs that need to be done, and the cost of labor and materials. Simple updates to the space, such as changing out tile or lighting, tend to be more affordable, while a full remodel is more expensive.
If you have the space or simply don’t have enough bathrooms to suit your needs, you may consider adding additional ones to your home. An extra room is not guaranteed to add value to your home, but typically buyers are looking to add a master, family or guest bathroom.
To determine whether it is worth adding, consider asking for an appraisal on your home before you invest in the project. This can tell you if the remodel would add value or not.
When it comes to upgrading or completely remodeling, there are some features that may have a higher return on investment. Before tackling a larger project, however, consider how smaller updates could increase your home’s value. Smaller updates, such as repainting and making any necessary repairs, can give your home’s value a boost.
Once these smaller upgrades have been addressed, consider updating some of the following to maximize your return on investment:
Replacing plumbing fixtures with higher-end faucets and shower heads is a great way to increase your home’s value and improve your living space. You can choose from adding a handheld shower unit, multiple jets, or even an overhead waterfall shower fixture for a spa-like experience.
When considering replacing your shower or tub, you have the choice between having a shower-tub combo or having those units separate. A separate shower and tub can add a feeling of luxury. Whether the tub is inset or freestanding, you can plenty of style. A large shower and beautiful ceramic tile can also increase the overall look and value.
The vanity is another feature that can add value through simple upgrades. Consider updating the countertops, faucets, and sink for maximum impact. In a master, you might want to consider adding double sinks. Luxurious materials such as marble or granite can add a feeling of sophistication to your design.
Never underestimate the effect flooring has on the overall feel. The design and material of your flooring can help add to the spa-like environment. If you are able, you can even install heated floors, perfect for cold mornings. Buyers will also be quick to notice the quality of your flooring and heated floors might attract them as well.
Adding energy efficient features isn’t just environmentally conscious, but it adds to your home’s resale value, too. Your shower, sink, and toilet can be optimized for low flow, which means less water usage and more savings on the water bill. This can also be a strong pull for buyers who are looking for environmentally-friendly houses or who wish to save money on their bills.
Whether you’re looking to improve the space for yourself or for selling your home, these upgrades can greatly improve the functionality and beauty. In addition, each upgrade can add to your home’s value. Any buyers will be impressed by the new and improved space, and you’ll certainly enjoy having a relaxing retreat in your own home.
Our team at Kaminskiy Design and Remodeling are experts in bathroom renovation & remodeling. Whether you’re updating an old bathroom or adding a completely new space, we can help you achieve the upscale bathroom of your dreams. Contact us for a complementary design consultation to get started.