If you are looking to sell your home, you may be looking to maximize the value of it before selling. There are many small and large changes you can make to your space to make it more appealing to buyers and to increase the value of your home. Remodeling a bathroom may be one of the areas that you can increase your home’s value, especially if your bathrooms are outdated. Here are a few of the renovations you may wish to consider.
Make Small, Simple Changes
One of the top mistakes that people make when remodeling a bathroom to increase the value of their home is going overboard. You need to carefully consider the current value and what buyers in your area are looking for. For example, marble may look beautiful in a bathroom, but not every market supports the high price of marble. In many cases, making small, simple changes may help to freshen up a dated bathroom and increase the value of your home. These can range from painting your bathroom, installing new flooring, refurbishing the vanity, or replacing the faucets and hardware in your bathroom. Small changes are relatively affordable, yet can instantly and inexpensively give your bathroom a fresher and cleaner appearance.
Increase the Size of the Bathroom
Another way to increase the value of your home with a bathroom remodel is to increase the size of the bathroom. If you have a small and cramped bathroom, increasing the space will help it feel more luxurious. People who have older homes without a full ensuite bathroom are finding that if they renovate their tiny half bath and turn it into a full bath, they increase the value of their home and make their home more appealing to buyers. It is important to note that increasing the size of a bathroom can be a large renovation and can be pricey, so always weigh the pros and cons to ensure you are getting value out of increased bathroom size.
Make the Bathroom More Functional
If you have a bathroom that is not very functional, it can negatively affect the value of your home. One of the common misconceptions about bathrooms is that they should include a toilet, sink, shower, and bathtub. However, if the space is small, fitting all of these items in the space may take away from the functionality of the bathroom. In some cases, removing a bathtub and only going with a shower can make a lot of sense, as can changing up the layout to make the space more functional. You should not have to feel cramped in a bathroom, and if you do, renovating the space to make it more functional may increase the value of the space.
Gut and Renovate an Outdated Bathroom
In some cases, it makes sense to make minor changes to your bathroom. However, if your bathroom has structural issues, mold problems, or has not been renovated in over 25 years, gutting the bathroom and starting fresh makes a lot of sense. Gutting a bathroom is typically expensive, and as such, you may not want to do this unless you absolutely have to. However, if a bathroom has structural damage or mold problems, or is severely dated, it can deter potential buyers and lower the value of your home. Repairing these problems helps to show buyers you take care of your home and can help to make the space more modern.
Consider Aging-in-Place Changes
One of the lesser-known ways to increase the value of your home through a bathroom remodel is to consider aging-in-place changes. More people than ever want to remain in their homes as long as they possibly can. Having a bathroom that someone can age-in-place in can help them remain in a home longer. Aging-in-place changes generally include things like walk-in tubs, seats in the showers, space for walkers or wheelchairs, and non-slip tile. If buyers in your area tend to be 50 years or older, or if you are remodeling a bathroom attached to a mother-in-law’s suite or casita, considering aging-in-place renovation changes can pay off.
Add Luxurious Finishes
The final way to increase a home value through a bathroom remodel is to add luxurious finishes. Potential buyers often pay attention to the finishes of the home, and those finishes may sway a buyer. Adding small touches, such as high-end stone countertops, rainfall showerheads, or heated tile may be exactly what you need to up the value of your home and potentially sway a buyer to select your home over a different home they are looking for at. When selecting luxurious finishes, you should look at other homes in the area. Going overboard on finishes can wind up costing you, so you want to ensure your finishes stand out but are not overdone for the area.
Finding a contractor who has experience with bathroom remodeling is important. Here at Columbus Bath Designs, we can help you put together a bathroom design that will help to maximize the value of your bathroom and help you fetch top dollar for your home, and then make that design become a reality. Reach out to us today to get started.