Do bathroom remodels add value?

Your home is an investment, and with the rising costs of living in today’s economy, it’s important to make sure you’re maximizing its value.

So what about bathroom remodels? Do these add much-needed value to your home?

In short, yes.

We’ve already talked about how much ROI a bathroom remodel might get you, but due to the popularity of the topic, we wanted to dig deeper into the real-world data on bathroom remodels and their impact on property value.

Of course, there are certain factors that affect how much your home jumps in value after a bathroom remodel.

So let’s take an in-depth look at these factors, to learn what you can do to maximize the value of your real estate:

What is the cost of a bathroom remodel?

First and foremost, it’s important to establish what you can expect to pay for a bathroom remodel. this will help you determine how big of an impact you can expect your investment to have on the value of your home.

The Home Depot reports that bathroom remodels typically start at $5,000.

However, this price tag will vary greatly depending on who is performing the remodeling work, the size of the bathroom remodel, and what materials are being used.

Here’s a quick breakdown of cost according to the type of bathroom:

• Wet-Area Bathroom Remodel Cost: between $2,000 and $8,000
• Small Bathroom Remodel Cost: between $10,000 and $15,000
• Large Bathroom Remodel Cost: between $15,000 and $30,000+

 

For a complete bathroom remodel cost breakdown, check out our recent blog on the topic.

Do bathrooms really add value to your home?

Once you know what dollar amount you can expect to pay, it’s time to see if the investment will really pay off in terms of value added.

Once you know what dollar amount you can expect to pay, it’s time to see if the investment will really pay off in terms of property value.

According to the magazine, Remodeling, you’ll roughly recoup anywhere from 54.8% to 60.1% of your job cost.

In other words, if you spend $10,000 on a bathroom remodel, the resale value will be somewhere between $5,480 and $6,010.

So, even though bathroom remodels can be one of the most expensive renovation projects you can do to your home, a beautiful bathroom may be the difference between getting a few thousand dollars more for your home or not.

5 High-End Bathroom Remodeling Ideas

So, how do you make your bathroom stand out to potential buyers? Or even better, how do you ensure that the bathroom remodel you do is going to add value to your home?

Here are five bathroom ideas I’ve seen, first-hand, help people sell their properties fast:

Replace your bathtub with a walk-in shower.

A quick and easy way to improve the look of your bathroom is by taking out that old bathtub. Replace it with a walk-in shower instead.

Expert Tip: If you want to create a spa-like feel in your bathroom, consider installing two shower heads. It’s a small touch that can make a big difference in the value of your home.

Update the tiles in your bathroom to create a more modern look.

Your bathroom is the one room in your home that you’re guaranteed to come back to and unwind in at the end of the day. It’s important that it looks appealing and comfortable.

Sometimes just replacing your old tiles can be enough to do the trick.

Expert Tip: If you want to add some style and flair to your bathroom, consider using subway tiles. This classic design looks great in almost any bathroom and is also very easy for new homeowners to maintain.

Replace your light fixtures with something that is more up-to-date.

If your bathroom is lacking some style and character, you might just need to spruce up the decor. One of the quickest ways to do this is by replacing those old light fixtures that came with your home.

Expert Tip: Make sure your new light fixtures match the overall look and feel of the room. This includes not only the color scheme, but any additional design elements as well.

Upgrade the vanity and sink.

Take a look at your current sink and vanity. If you’re not happy with what you see, it’s time to upgrade. Replacing your bathroom sink and vanity can make a small room look like a million bucks.

Expert Tip: If you want to create an even more luxurious look, consider installing a vessel sink. These sinks are typically made out of glass or porcelain and have a modern, sculptural look.

Refresh with a coat of paint.

Sometimes, a fresh coat of paint is all you need to brighten up your bathroom and make it feel like new. Painting is one of the best ways to really refresh and update your space without dropping major dough.

Expert Tip: If you’re not sure which paint color to choose, stick with white. It’s the most popular option and will also help make your room look brighter and bigger.

Why you might want to do a bathroom remodel anyway.

Even if you are not selling your home soon, a great bathroom can make a big difference for you, your family, and your friends.

We hear all the time from our clients that having an amazing bathroom that they can’t wait to show off has made their lives better.

More exciting than the possibilities of how much your home will be worth after you do a bathroom remodel is just how great it’s going to feel to use your new space every single day.

It’s really rewarding and most people will tell you the investment is well worth it.

We have done hundreds of bathroom remodels in the Southern California area and know what works, what doesn’t, and how to help you design a space that will be perfect for your needs.

Contact us today and ask for Jace! I’m happy to answer any questions you might have, and help you come up with a plan for your next bathroom remodel.

We can’t wait to talk to you!