How Much Does A Bathroom Remodel Increase Home Value

Everyone wants the nicest stuff. The newest cars, the newest phones, the newest homes are all things that people strive for in day-to-day life. We want nice things because we want to be able to enjoy the benefits of our work. There are several ways that you can approach increasing the value to your home. Among kitchen remodeling and adding a backyard deck, bathroom remodels are becoming increasingly popular.

The Importance of the Bathroom in Home Value

It seems like a small consideration when trying to sell a home; the bathroom is a simple room consisting of a toilet, a place to wash, and a sink (right?). The truth about the matter is that the bathroom is actually one of the first rooms homebuyers look at. People want to know how big the bathroom is, is there more than one, does it look nice. Let’s face it; we all know that guests in our homes are going to (at some point) ask where the bathroom is. First time buyers want to know that they have a bathroom they can be proud of. They’re going to want to see if the guest bathroom is appropriate for guest usage and if the Master bath (or if the home only has one bathroom, that one) is big enough for them to move around freely in.

Why Bathroom Appearance Matters

Another reason that home owners are becoming increasingly concerned with how the bathroom looks is because you can tell a lot about a house by the bathroom. If you go into a bathroom and it’s got duct tape on the floors, you know that the owners have simply fixed up the rest of the house in a hurry. It provides key secrets to how well you have done with the upkeep of the house as a whole. Why is this? It’s simple really, the bathroom is typically the last place we clean or remodel. We want the living rooms, kitchens, and bedrooms to be nice first, because these are typically the first spaces a guest sees upon entering our homes.

Financial Benefits of a Bathroom Remodel

With all of that being said, it’s no wonder that remodeling a bathroom can greatly increase the value of your home. According to a 2004 Remodeling Study, a bathroom remodel costing about $9500 dollars can bring an addition 182% of that back in when the home is sold. It’s hard to tell exactly how much a bathroom remodel can increase the value of your home, because it really depends on how much you are willing to spend on the cost. However much you spend on the remodel plus the quality of the work done equals the value added to your home.

Calculating the Return on Investment

If the job is done correctly, you should add at least an additional 75% of the remodel cost to your home’s value, after earning back the initial cost. For example, if you spend $10,000 on a bathroom remodel, you could potentially add $17,500 to your home’s value (the original $10,000 plus 75% of that cost). This makes bathroom remodels one of the most effective ways to boost your home’s market value.

Factors That Influence the Value Increase

Several factors influence how much value a bathroom remodel can add to your home. These include the scope of the remodel, the quality of the materials used, and the overall design. Here are some key considerations:

Scope of the Remodel: A minor remodel might include updating fixtures, repainting, and replacing the vanity. A major remodel could involve reconfiguring the layout, installing a new shower, bathtub refinishing, and upgrading to high-end materials.
Quality of Materials: Using high-quality materials such as marble countertops, custom cabinetry, and designer tiles can significantly increase the value added by the remodel.
Design and Functionality: A well-designed bathroom that maximizes space and functionality will appeal to buyers. Features like double sinks, ample storage, and modern lighting can make a big difference.
Energy Efficiency: Incorporating energy-efficient fixtures and water-saving toilets can also boost the appeal of your bathroom remodel.

Practical Tips for a Successful Remodel

If you’re considering a bathroom remodel, here are some practical tips to ensure you get the most value for your investment:

Plan Your Budget: Determine how much you are willing to spend and stick to your budget. Prioritize the most important upgrades that will offer the highest return.
Hire a Professional: While DIY projects can save money, hiring a professional ensures that the job is done correctly and up to code. A professional can also offer design advice and help you choose the best materials.
Focus on Key Features: Upgrading key features like the shower, vanity, and flooring can have a significant impact. Consider modern, durable materials that will stand the test of time.
Add Storage: Buyers appreciate ample storage in bathrooms. Consider adding built-in shelves, cabinets, or a vanity with plenty of drawers.
Improve Lighting: Good lighting can make a bathroom feel more spacious and inviting. Consider installing a combination of task, ambient, and accent lighting.

The Value of a Bathroom Remodel

Remodeling a bathroom is a smart investment that can greatly increase your home’s value. By carefully planning your remodel and focusing on high-impact upgrades, you can enjoy a beautiful new bathroom and a significant return on your investment. Whether you’re planning to sell your home soon or simply want to enjoy a more luxurious bathroom, a remodel is worth considering.

If you’re looking to build a new home in Boise and need professional home builders, check out our friends at Eaglewood Homes.

Need to remodel your bathroom? Sacramento Handyman is the one to call. Call 916-472-0507 today!