How Bathroom Remodeling Affects Resale Value - Bathroom Renovation NJ

How Bathroom Remodeling Affects Resale Value

Remodeling your bathroom most certainly adds to your comfort level and improves the aesthetics of the space to make for a peaceful retreat, but its real benefit lies in the property value boost it gives your home. In essence, your bathroom remodel can increase the resale value of your entire home when you go to sell it.

According to HGTV, adding a bathroom or significantly remodeling your existing one, allows you to recoup between 80 and 130 percent of your initial investment. Buyers looking at your home want to see something impressive in your bathroom, from granite countertops and walk-in steam showers to plenty of cabinetry and his-&-her sinks. This is where money well spent will be visible to potential buyers. Bathroom remodeling investments are always at the top of the list of attractive areas for anyone looking at your home. Why? They realize they will spend a lot of time in the bathroom and they want it to be as comfortable, convenient and luxurious as possible.

Where to Spend Your Money?

If you’re considering a remodel of your bath to experience an investment in higher resale value, experts say you should concentrate on the following areas:

· Extra cabinetry and closet space

· Large sink areas/vanities

· All-wood cabinets

· Stone countertops

· Walk-in showers

· Neutral colors

· Plenty of lighting

· Floor-to-ceiling steam showers

Even if you think you’d really love a new whirlpool tub in your bathroom, re-consider with a walk-in shower, especially if you’re planning on selling soon. Why? Not many people have time for a bath anymore, but they always have time for a shower. A walk-in shower gives them the room, comfort and privacy they need, representing a better value overall.

Make Two Full Baths

Investing lots of money into a one-bathroom set-up will work against you later. If you’re going to spend the money, add a bath instead. The National Association of Realtors says adding a bathroom increases the sale price of a home by 8.7 percent, more than twice the rate for adding a bedroom.

Appealing to Buyers

Home buyers generally have no problem addressing small areas of concern, such as a new paint color in a bedroom or updating an old kitchen appliance. But when it comes to renovating a whole bathroom, they’d rather just pass. Bathrooms can be a lot of work, something many buyers just aren’t willing to do.

Stick with neutral colors when updating your bath and add space if you can. It may be possible to bump out just a small portion so you have that much more space for another closet or extra cabinets. History shows that most buyers want two full baths rather than one full and one half. Don’t have the extra space? Your skilled bathroom remodeling contractor can show you ways to maximize your existing space without blowing out a wall.

When tackling your bathroom renovation, remember: what’s popular or trendy now for colors and decor won’t be several years down the line. That’s why you would be wise to keep it neutral to appeal to buyers of all kinds.

Let Beautiful Bathrooms assist with your bathroom remodeling project. It all starts with a free estimate and consultation, so call now.

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