Homeowners have varied reasons why they want their bathrooms to be remodeled. Some are upgrading, some need the extra space for a bigger, while others are preparing their property for listing. Experts say that the bathroom/s of a house can increase a value of a home that is listed on sale. In fact, according to some reports and articles, the average midrange bathroom addition project in 2011 and 2012 cost $40,096 and boosted a home’s value by $20,455. Bigger bathroom remodeling and upgrades are found to have given a 55% increase in a home’s value.
Your outdated bathroom can typically be easily remodeled within the parameters of the current space if you know the different tricks and techniques to achieve it. Additionally, you need the help of professional bathroom contractors to make sure that your remodeling project is towards its development, not its depreciation.
Popular home construction and home improvement company, HGTV reports through their website that one of the most rewarding remodeling projects in the house is the bathroom. According to their sources, a kitchen or bath remodel is a sure-fire investment, often returning more than 100 percent of the cost.
Kitchens and baths are the areas in a home “where you can tell if money has been well spent or not,” says architect Steve Straughan, a partner in Los Angeles-based KAA Design Group. “They are the most expensive areas of the home regarding construction. Moreover, they are where people spend time in their homes.”
So exactly what should you improve when you redo your kitchen or bathroom?
If you are getting ready to put your house on the market, you will want your bathroom looking its best. You may want to update the following:
Hardware to Improve Functionality
When it comes to bathrooms, the function is always important— often deemed more important than the looks. It is important that you pay attention to your bathroom’s hardware and renovate and remodel anything that is not in mint condition. Keep in mind that this is going to be an asset since new cabinet hardware is a fairly inexpensive way to make your bathroom more appealing to potential buyers.
New Wall Colors
This is the best way to have a dramatic effect for little cost. A fresh coat in a neutral, updated color – blues and grays are favorites for bathrooms – can do wonders. If the walls are dingy, remember to clean them before painting. When choosing colors, stick with neutrals to allow the buyers to imagine themselves in the bathroom. The design should also be cohesive to the rest of the house. Avoid trendy materials and designs, which can look dated in just a few years.
More Storage and Better Vanity
If yours is outdated, put in a transitional-style model that combines traditional and contemporary. It could be a wood vanity that’s very streamlined and has simple hardware. Adding the storage that comes with most models is always a plus.
Decide if you need a new layout, more room or just an update to the current design. This will help you determine your costs and budget. Changing the layout would mean rearranging the placement of cabinets, and sometimes, fixtures on your bathroom.
Time for a Luxury Upgrade!
What about adding a tub? Or better yet, an indoor Jacuzzi? Install heated floors or convert that sink into a double sink. All of these extra touches could increase your house’s home value.
Better Lighting Situation
Experts say that a brighter, more natural lighting will appeal to buyers. Did you know that contractors say that in a bathroom, lighting is everything? It does not only affect a person’s perception of the space but also makes the bathroom as functional as possible. Sometimes, it is the placement of the light fixture or even the fixture itself. Either way, this calls for a bathroom remodeling project!
Updating Means Higher Home Value
If you are primarily motivated to increase your home’s value when you decide to add a bathroom, you will get a much better return on your investment if you add a full or three-quarter bath instead of a half bath. Don’t be afraid to go big—but keep in mind there’s no need to go over the top. It is important that you acknowledge which actions can be more fruitful in the long run. For instance, adding a half bath boosts your home value by 10.5 percent on average, according to House Logic, but a bathroom with a shower stall or a tub will pump up resale value by 20 percent—which is a dramatic increase. General rule? A larger bath may significantly increase your home’s value.
Bathroom renovations and remodeling are not cheap by any means; therefore it is essential that you have set a budget during the planning stage of the project. While most fixtures can be expensive—especially those which are of the highest quality, it is important to shop wisely, be resourceful, and creative. Hunt for bargains! If your area has a Habitat for Humanity or similar store that sells used and donated building materials, it might be a source of bargains. At the same time, you can save big on your materials investment by waiting to purchase fixtures when they are on sale, or, better yet, take out-of-box items used as display models.
While it is a tested hypothesis that bathrooms increase the value of a home, it does not guarantee that the price you have in mind will materialize. Be realistic about your goals. Keep in mind that there are still other factors potential buyers may consider, such as your location, size of the house, etc.
Ultimately, bathroom updates are always a smart move. Even if you cannot afford a full remodel, small changes such as replacing dated wallpaper with a faux or textured finish and replacing old lighting will update the room without denting your wallet. Just remember to seek the help of professional bathroom remodeling companies to make sure that you do the job correctly and avoid making a mess in the end.
Remember that when you are hiring a remodeler, you are buying a service and not a product. Quality of service will determine the quality of the finished project. Select the best candidates based on their credentials, references or reviews, their portfolio and past works, and of course, the personalities of the people who will work with you.