Can a Bathroom Remodel Increase Your Home Value?

Now is the perfect time to sell your home. Buyers are looking for the perfect home and will pay top dollar to get it, making it a seller’s market. As a homeowner, you want to get the most value out of your home when you sell it.

One of the easiest ways to add value to your home is a bathroom remodel. The bathroom is one of the most important rooms in a house. Putting in the effort to make it perfect is a great decision.

To learn more about how remodeling your bathroom can add value, keep reading. We’ll also give you some great ideas for a bathroom remodel that will be sure to impress any buyer.

How a Bathroom Remodel Adds Value

The value you get out of remodeling a bathroom can pay for itself. Even smaller updates can help you get an extra 2%-3% on your house.

Lower-end remodels can cost up to $18,000. You can get 66% of that back when you sell your home. Higher-end remodels can get up to $60,000, but you can get 58% of that back when you resell.

Many buyers will have a minimum required amount of bathrooms they need in a house. The average buyer is looking for a master bath, family bath, and half bath. Multiple bathrooms allow for space, flexibility, and reduced crowding.

Adding bathrooms can also show how well planned out your house is for buyers. For example, if you have a finished basement, adding a bathroom can be beneficial so people don’t have to run upstairs all the time. It also makes the space feel complete.

Joy scores relay how happy someone is with a space. A remodeled bathroom space ranks at a 10. Having buyers enter a space that makes them happy makes them more likely to pay what you’re looking for.

Ideas for a Bathroom Remodel

A bathroom remodel doesn’t have to be expensive or time-consuming to work. Here are some ideas for bathroom remodeling that cater to a range of budgets and tastes!

General Changes

One of the easiest repairs to do is switching out plumbing fixtures. Changing faucets and showerheads can add a modern, clean touch to the bathroom for a low cost. Make sure the fixtures match the bathroom so the whole room feels unified.

Replacing your bathtub or shower is a great way to draw in a buyer. Larger walk-in showers are increasing in popularity over a bath/shower combo. If you are able to do a separate tub, make it large enough for anyone to fit into so it appeals to more people.

Plumbing or electrical upgrades may seem time-consuming, but fixing them is a must. Most buyers are looking for a turn-key home and don’t want to have to do those kinds of repairs themselves. You can get more value from your home by having your bathroom’s plumbing and electrical updated.

Updating cabinets and sinks can bring your bathroom into the modern world. Double sinks are great for shared bathrooms. We recommend going with a popular look, like marble or granite, which can make the bathroom appeal to as many people as possible.

Flooring may seem unimportant, but it can bring the look of a bathroom together. Heated floors are a great perk, especially in cold climates. Ceramic and vinyl are inexpensive options that have a variety of colors and styles to pick from.

A fresh coat of paint can help bring new life into any bathroom. A lighter color can open up a space and is a great solution if you are working with a smaller bathroom. You can purchase primer that helps prevent mold or mildew for an extra level of protection.

Smaller touch-ups like recaulking surfaces, replacing mirrors, and new light fixtures can boost your space. When replacing lighting, look for LED fixtures that help cut electricity costs and have easy-to-replace bulbs.

When you make these updates, you can simultaneously make your bathroom more energy efficient. Adding low-flow fixtures can lower your water bill. This money-saving aspect can be a draw for new homeowners.

Adding a New Bathroom

If you have unused space, adding a new bathroom is a great way to use it. Half baths are great for when guests come over. A bathroom separate from the master bath is also a great add-on.

When adding an extra bath, it’s important to keep in mind all the cosmetic changes we already walked through. You want to create something timeless that a buyer feels is complete, but still allows them to add a personal touch.

Hiring a contractor and an appraiser can also help you figure out how big of a bathroom you can add to a space. They will know how to install everything correctly and make it last.

Contacting a realtor at this stage can help you understand what type of bathroom will add the most value to your home. They can compare your home to others around you to see what will make you the best option on the market.

Connect With the Perfect Seller Today

When it comes to renovating your home, you have lots of options of which room to go with. The bathroom is one of the most heavily used rooms and is a great way to increase home value. Remodeling doesn’t have to be expensive either!

If you’re in Nassau County and looking to sell your home, Dean Miller Real Estate knows exactly what to do. We can help you figure out what type of bathroom renovations or add ons will increase your home value.

We understand what buyers want and what sellers need. Contact Dean Miller Real Estate to connect with the perfect buyer for your home.

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