If you are thinking about remodeling your bathroom, you might be wondering, does remodeling increase home value? After all, when you spend so much money on improving the look of your bathroom, it’s important to get something back. Here, we’re going to talkabout bathroom remodel ROI, so you can learn just how much value a new bathroom can add to your property when it’s time to put it on the market. But first, let’s take a look at some of the different ways to upgrade a bathroom.
Upgrading an Existing Bathroom
Bathroom home improvement is always a good idea if your bathroom is starting to feel a little dated, particularly if you are planning on putting your property on the market any time soon. But how do you go about doing this? Some of the most popular bathroom upgrades including adding underfloor heating, a double sink unit and extra storage solutions. If you want to give your bathroom a slight makeover, there are a few simple and easy upgrades which can be done on a low budget. For example, you can add some new mirrors and cabinets or change the tiles or backsplash, if you don’t want to entirely change the fixtures. If you want to maximise profit when reselling your home, look out for discounted bathroom furniture from bellabathrooms online store to get your new bathroom products at the best price.
Which Type of Bathroom is Ideal?
So now you’ve decided on a bath remodel, how do you go about deciding what exactly to do with the space? If you’re going to add an entire new bathroom, you can choose between an en suite, a shower room, guest bathroom –the possibilities are endless! Of course, the space available will determine which option you can choose, and the bigger the project, the more it will cost. There’s also the question of how many bathrooms your property needs. It’s thought that a house with four bedrooms requires at least two bathrooms, but generally it comes down to quality over quantity. One modern, chic and stylish bathroom is much more preferable than two tired and drab looking ones which are desperately needing upgraded.
The Importance of a Great Bathroom
It’s easy to forget the importance of a bathroom when putting a property on the market. Many sellers pay more attention to other rooms such as the kitchen and main bedroom, and neglecting the bathroom. However, more and more of us enjoy spending time relaxing and pampering ourselves in the bathroom, so it makes sense to spend some time and money ensuring your bathroom is the best it can be! Trying adding some luxury elements and details, and ensure it is bright and open rather than dark and crowded.
How Much Value Does a Bathroom Add?
So, we’ve seen how a bathroom remodel increases home value, but how about when it comes to adding a second or third bathroom? If you are thinking about adding another bathroom to your home, this can be a great way to add value to your home. In fact, it’s thought that an extra bathroom can boost the value of your property by around 5%, or £12,000 on average. Adding this new bathroom should cost no more than £5,000 in a typical home, giving around £7,000 profit, so this definitely seems like a worthwhile home improvement to do. So, adding a new bathroom is almost always a good investment to make, even if you are soon to be selling. And if you’re not quite ready to sell yet, you will love relaxing in a brand new, modern bathroom!
