How Bathroom Remodels Add to Home Value

Whenever you’re considering home remodeling or renovation, there are usually two major reasons why. Either you want to enjoy your space more and achieve a more aesthetic home according to your preference, or you want to add to your home value. Not every remodeling will add value to your property, but there will be some that can really help bring your home value up considerably.

Bathroom remodels are one of those projects that can increase your home’s value! But again, that depends on the type of remodeling you want done. This may beg you to question – How do bathroom remodels add to home value and what type of remodeling should I do to achieve that?

Read on to find out!

 

How Bathroom Remodels Add to Home Value

According to the 2019 Remodeling Impact Report by the National Association of Realtors, bathroom renovations and remodeling projects are the most popular among all home improvements. After all, many people spend most of their time in the bathroom to get ready for work or relax in the tub after a long day.

Moreover, the Cost vs. Value report by Remodeling magazine showed that the returns on midrange and upscale bathroom renovations are rising. This is great for those who are looking to sell their homes soon and want an increase in home value!

The numbers don’t lie. On average, homeowners spend a bit over $20,000 on midrange bathroom renovation projects, and almost $65,000 on upscale ones. At resale, renovations will recoup 67.2% and 60.2% of costs, respectively. This is a significant number that may make it worth remodeling your bathroom for a better home value!

But again, this will all depend on the type of bathroom remodeling and renovations you’ll have done. You wouldn’t want to lose money from an unnecessary remodeling project that only increased the bathroom’s aesthetic and not the overall value.

If your budget isn’t as high as the numbers mentioned above, that’s no problem. There are a few “simple” upgrades that can help increase your home value.

 

Plumbing Fixtures

Just like how old fixtures can date a room, new fixtures can make a room even more modern and inviting. Don’t worry, swapping out fixtures like showerheads and faucets doesn’t need to be extremely expensive.

If you only plan to upgrade the plumbing fixtures for your bathroom remodeling project, select fixtures that will complement the bathroom, rather than ones that clash with it. If you want a more modern route, match your fixtures with the general style and all the colors of the bathroom.

 

Cabinetry

Take a look at your cabinets and see if from a homebuyer’s perspective. Do you believe they need an upgrade? Buyers are keen on clean, modern cabinetry, so you may want to reface your cabinets to make them look exciting.

Don’t overlook the nitty gritty details as well! Replace the hardware on your drawers and cabinets, which is an easy and affordable way to freshen up your cabinets’ appearance without spending too much.

 

Vanity Upgrades

If you have a bit more budget to spend for your bathroom, consider upgrading the entire vanity. We aren’t just talking about the faucets, but cabinetry and sinks as well.

You can purchase vanity kits that already include all the elements required for one price. Alternatively, you can DIY it to build the perfect vanity based on your preferences.

Just make sure that you select materials that appeal to buyers more. For instance, marble and granite are huge showstoppers for countertops, while laminate and tile materials appear too retro.

 

New Paintjob

You can do this yourself or hire someone to do it for you, and while it’s such as simple task, having a fresh coat of paint can make a significant impact on a bathroom’s general appearance.

The more it can positively affect your bathroom and home value if you notice the room shows signs of mildew and other forms of water damage. If you do notice any of these signs, don’t just focus on painting the problems over, make sure you also address the actual issue to further drive up the home value.

Again, painting is a great remodeling project you can do yourself, especially in the bathroom as it’s a smaller space. We recommend using a neutral color for a widespread appeal and investing in painter’s tape for a more streamlined look.

 

Bathroom Flooring

If you want a more dramatic change, then you can always upgrade the bathroom flooring. On average, the cost of bathroom flooring per square foot is around $2.50 to $4, not including labor costs.

If you want to take it a step further, consider installing radiant heat mats under the bathroom tiles, which will warm the floors for a cozier experience after a bath or shower. This would increase the cost to $5-8 per square foot and also interest more buyers.

New bathroom floors, with or without radiant heat, is an affordable remodeling project you can do that can completely change your bathroom’s look, feel, and utility.

 

Energy-Efficient Upgrades

Investing in energy-efficient products and appliances isn’t just environment-friendly. It can greatly help with your home’s resale value as well. For instance, you can optimize your shower, sink, and toilet for low flow, which equates to less water usage and a lower water bill in the long run.

Upgrades like these can pique potential buyer interest as well, so when you plan to change your bathroom fixtures, prioritize getting energy-efficient products.

 

Wrapping It Up

At the end of the day, you’re probably wondering – Is a bathroom renovation worth it? It depends on you! Overall, you can still expect to get a good return on investment from bathroom remodeling projects, provided that you choose your upgrades wisely.

Hopefully, you learned more about how bathroom remodels add to home value! Now that you know more, you may want to consider contacting a reputable company to help with your project. Contact us now to learn more about our services!