Upgrading Bathrooms Does Wonders
For Your Home’s Value
Home renovations are not created equal. Some do little to increase the overall value of your home, but others are pure winners. Bathroom renovations, if done right, are definitely in the winners column. This doesn’t mean you have to rip out the entire structure and start from scratch, unless you want to. Even starting small, like the simple act of putting in “his and hers” electrical outlets in a bathroom can make your home more appealing to a potential buyer.
Adding a second bathroom is usually a big undertaking, but it is one of the best ways to increase the value of your home and improve your living experience at the same time. If you have a three-bedroom home with only one bath you’ll understand the benefits of that second bath.
Where you put that second bath is just as important as having it. Don’t have your bathroom share a wall with a kitchen or living room. There’s just not enough privacy. If you’re considering putting in one bathroom to be shared by two or more bedrooms, make sure it’s big enough and has enough cupboard and storage space. At least one drawer per user should keep everyone happy. Counter space quickly gets eaten up by toiletries and odds and ends, so make sure your new bath has plenty.
Have you always wanted an elegant master bathroom in your personal space? Create your own private spa by adding a multi-jetted shower surrounded by glass, a jetted and/or deep soaker tub, “his and hers” sinks, marble counter tops and enough storage space to hold all your treasures, and then some. Putting the toilet in an enclosed space makes your bathroom more versatile and offers more privacy. If your bathroom is large enough, or you have room to expand, consider separating the shower and tub. A jetted tub-for-two is a nice touch.
The quality of your added bath should match, or exceed, that in the rest of your home. How much you want to spend on that renovation is up to you. If you are planning on selling right away you may not want to invest in that bathroom fireplace or that rain-shower with multiple heads and its own stereo system. On the other hand if you are staying put, spending roughly $200,000 on a bathroom make-over may make you happy. Just keep in mind that even though your dream renovation will increase your home’s value, it’s not likely to be by that much.
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on September 5th, 2015 at 5:00am CDT.