How a Bathroom Renovation Can Increase the Value of Your Home

Does a Bathroom Renovation Add Value to a House?

Renovating a bathroom is one of the best ways to increase the value of your home. When potential buyers look at houses, the two rooms that leave the biggest impression are the kitchen and the bathroom. A newly renovated bathroom gives buyers peace of mind that the plumbing is in good working order, and this investment has the highest return of any renovation in the home. There are different ways that you can update your bathroom, and any of them will be sure to boost your home’s value.

How To Add Value With a Bathroom Renovation
Update Plumbing and Electricity

Before you tackle any renovations, you need to make sure that you repair any leaks and update your plumbing and electricity so that it is up to code. When you sell your home, the buyer will perform an inspection, so taking care of these things now will boost the value of your home when it sells.

Size Increases Value

Buyers today want large bathrooms. There are different ways to accomplish this, from actually enlarging the space to doing renovations that make it appear larger. Moving the walls can be very expensive, but there are ways that you can make your bathroom appear larger.

Use white to make the space bigger: White paint, white tiles, and white fixtures will make the room feel big and open. Stay away from dark colors that make the walls close in.

Frame your shower with glass: Shower curtains can make the bathroom feel smaller, but glass shower panels will open it up.

Use bright lighting: Small bathrooms don’t normally have a lot of natural light, so using some well-placed wall sconces and bright lights around the mirror will make the whole room feel bigger.

Use a bigger mirror: A large mirror can dramatically increase how large your bathroom appears, which will increase its value when you sell it.

Minimize the extras: If you fill the bathroom with clutter, you will make it look smaller. Make sure that you only have items that enhance the bathroom and make it more functional.

Set Your Budget

Remodeling your bathroom can range widely in cost. It is really important to determine what you can reasonably afford to spend on the project. Hiring a plumber and an electrician may be necessary for some of your renovations, or you may need a contractor to help with your renovation. It is critical to determine your budget before you begin your remodel.

A basic remodel can cost from $3,000 to $12,000, with the lower end being a few new fixtures and minor work. On average, homeowners pay around $18,000 for a bathroom renovation, according to Remodeling Magazine. They also say that renovations normally increase the resale value such that 66 percent of the cost is recovered upon the sale. High-end renovations cost as much as $57,000, and homeowners see a return of 58 percent when they sell their homes.

The projects that offer the highest return when you sell are new tiles, bright lighting, and updated fixtures and cabinets. When you improve the functionality and make the bathroom appear larger and clean, buyers will be more likely to spend more money. White and other neutral colors make space feel larger and help buyers imagine their own items in your home. You want the bathroom to look updated, functional, and a little bit luxurious to add the most value to your home.

Bathroom Addition

If it is in your budget, adding a bathroom is another great way to increase the value of your home. Buyers like to see a mix of bathrooms in a home, including an updated master bath, a family bathroom, a guest bath, and a half bath.

Adding a bathroom can be very expensive, so make sure that you meet with an appraiser to determine how much value does a remodeled bathroom adds to your home. If it adds value, then set a budget and work with your contractor to design the most practical bathroom for your house.

Affording Your Renovations

When you set your budget, whether, for a renovation or an addition, you need to make sure that what you spend will commensurately increase the value of your home. In addition, it needs to be a change that you will want to live with.

If you don’t have the money available through savings, one option is to take out a home equity loan. You can use this money to do the renovations or the addition, and you will be able to pay it back when you sell your home. Home equity loans are a great way to use some of the equity in your house to increase its value.

Final Thoughts

The bathroom is one of the most important rooms in a house. It is a place where you start and finish every day. From getting ready for work to relaxing at the end of the day, the bathroom needs to bring function and comfort together in one room.

One of the best ways to add value to your home is to update your bathrooms. You can remodel an existing bathroom, make cosmetic changes, or build a new bathroom. Consult our experts to determine which plan is best for your home.

Recent Bathroom Renovation & Remodeling Projects Completed In Toronto & the GTA


Testimonials

The communication before and during my bathroom remodel project exceeded my expectations. Their workmanship is incredible.

Roger Evans

Jordan and his crew did an amazing job transforming our outdated bathroom into exactly what I had wanted. I can't express how excited I was to see my new bathroom.

Susan Hayes

Jordan and his team were incredible!! Came out and gave me a very detailed quote. When they came to do the work they were so efficient, professional and courteous.

David Turner

From design to pricing Jordan and his team made sure we knew the timeline for everything. I could not be happier with how my bathroom renovation turned out.

Jody Klein

Jordan and his crew are wonderful! They did a complete renovation of our master bathroom and we love it! Jordan communicated with us every step of the way.

Cheryl Barnes

Get Your Free Expert Consultation Today!

Contrary to popular belief, bathroom remodeling does not have to be complicated or expensive. In fact, we prefer easy and affordable. Contact us today for your free expert consultation 437-374-0686

 

 

Get A Quote Today