If you’re contemplating revamping the bathrooms in your home, you may be wondering how this will affect the sale price down the line. Will you recover the invested costs?
We polled a panel of professionals to get their input. Read on to see what they had to say about the return on bathroom remodels:
Luxury Real Estate Agent
With more than $800 million in sales in the past 12 years, Valerie Burmester has successfully closed on hundreds of homes in the Pacific Northwest. Relationships, negotiating contracts, team building and her concierge level of service is what is most important to her in any transaction.
Yes, a bathroom remodel will absolutely add value to your home.
The two most important rooms that add value to your home when selling are the bathrooms and kitchens. Upgrades and remodels add instant value because both can cause inconvenience. When you have a family of four sharing one bathroom while another is being remodeled, it causes stress and chaos in the morning. Having bathrooms completely remodeled when purchasing a house makes a buyer feel pampered.
Master baths are the priority in a remodel. It’s usually the biggest bathroom, which typically has a bath and shower and two sinks. While other bathrooms are being remodeled, there is still a bath for kids and two sinks for multiple people to get ready.
When you remodel a bathroom, the entire room should be taken into consideration. There are more modern conveniences that can catch a buyer’s attention from smart toilets with seat warmers to water reducing flushers to larger, stand-alone tubs and open showers which create the illusion of a bigger bathroom. Heated floors are also an incredible upgrade.
Current bathroom trends are open showers, which add more visual light and space. Smart bathrooms with controls to heat your water before you take a shower, automatic sinks, built-in Bluetooth speakers, televisions hidden in mirrors– all create a spa-like atmosphere for the homeowner to start and end their day in luxury.
There are things to avoid in a bathroom remodel. Wood seems to be the new trend, but over time, the humidity will warp the wood from staining to dry rot. It will be the first thing you will need to replace.
Everybody has a budget. Keeping the size and value of your home in check will help you when planning a bathroom remodel. Increase the space and spend top dollar on one specific focal point such as a soaking tub or shower and then look for deals on sinks, tile and vanities. Don’t cut costs on hardware, though. High quality faucets last longer and are more efficient than the discount hardware pieces.
A bathroom remodel can add enormous value to your home. In my experience, most of the people who remodel their bathrooms end up making that money back when they sell. After all, bathrooms are one of the first things people look at when they look for potential buys. Even if the rest of the house is in shambles, a nice, new bathroom can make the house very appealing.
Aside from the kitchen, it might be the most difficult room to remodel, so even a lot of house flippers look for houses with decent bathrooms. Of course, you have to take a few other factors into consideration before you start pulling up tile. For example, what’s the demand for homes in your area? If the market is firing hot, a bathroom remodel could help you sell it faster and get more money. But if the market is slow, you might not want to put the money into your bathroom if your only intention is to increase its value. In certain economies, it can take years to sell your home.
John Linden is an interior and furniture designer living in Los Angeles. He’s the founder of MirrorCoop, a custom mirror studio.
Nadia Anac is a real estate agent with Keller Williams in Tampa, Florida. She specializes in helping military families buy, sell, or rent out their homes. She provides up-to-date market analysis and statistics, negotiation skills gained from her experience as an attorney, and a guiding hand.
Bathrooms and kitchens are what sell homes. A bathroom remodel will generally add value to a home. Some things to consider when remodeling an outdated bathroom:
- Keep it neutral to appeal to a mass audience. If you get too specific, it may turn off buyers, even if it’s brand-new.
- If the bathroom is remodeled, make sure it matches the rest of the house. An ultra-modern bathroom in an 1800 Victorian home may stick out like a sore thumb.
- Check with a real estate agent to see how much monetary value a remodeled bathroom may add. If all the other houses for sale have remodeled bathrooms, and yours is the only one that doesn’t, updating that bathroom will put you in an even field with those other houses (as long as everything else is comparable). Sometimes, though, it may just add marketability value, in that it will get buyers in the door, but not necessarily add to the value of the home.
- Converting a half-bath into a full-bath will usually add value to the home. An appraiser takes full baths vs. half-baths into account when determining value.
I think a bathroom remodel does add value to a house. Lots of buyers don’t want to buy a home where they have to pay for a new bathroom or kitchen themselves as it can cost them more money. A home that’s got a new bathroom will be much more desirable. Just make sure to use quality fixtures and fittings and have the work done to a high standard.
Although a new bathroom might not add as much value as a kitchen or new driveway, making your bathroom into a ‘Wow’ room will add value and you may even sell your home faster.
Whatever you choose to spend on your bathroom, it’s almost guaranteed that you’ll make it back and more when the house sells.
Sarah is a home interiors blogger from the popular blog, Dream of Home. She underwent a large house renovation in January 2017 and has been blogging ever since. She focuses mainly on budget interiors.
Julie Finch-Scally is a well-known author and writer on cleaning. She began her own franchise cleaning business in 1993 in Sydney, Australia and has now become a consultant in Hygiene Management and Cleaning providing advice on the quickest and best ways to clean and prepare properties for sale and lease.
All updated bathrooms will improve the value of a property when selling. It does depend on what the average selling price is in the area, so it is not necessary to over-capitalize what is done to the bathroom.
There are several things that can make a bathroom more presentable without having to completely renovate with new tiles and vanity units, etc. Here are some tips:
- Remove any mold on walls or ceiling by washing with hot water, detergent and a capful of bleach or mold killer – make sure you wear rubber gloves.
- Repaint the walls with a neutral or light color – use a mold-resistant paint.
- Check the mirror or medicine cabinet and see if a new one would give more reflected light and replace if necessary.
- Update toilet seat – not expensive and makes the toilet look newer.
- Upgrade taps in shower, bath and vanity unit – make sure they all match.
- Purchase a bright set of towels and floor mats to hang on the racks and place on the floor during the open house.
- Thoroughly clean the bathroom – this includes the wall tiles which should be rubbed over with glass cleanser and a micro-fiber cloth.
- Ensure no dust is left behind the toilet – wipe floor and tiles behind with a damp cloth.
- On the day of the open house – the last person in the shower wipes the screen and tiles down with a chamois – then uses the same chamois to rub over the bath and sink.
- The toilet should be cleaned and the lid left down.
Bathroom renovations are some of the most common renovations we see when closing houses. It’s common for sellers to repaint cabinets, add luxury fixtures, and make the space as bright as possible. This is probably because it’s definitely one the best returns on your home.
Kitchens and bathrooms are typically the rooms that people splurge on. For one, they’re very frequently used- and not only by you. Your guests are spending time in these rooms, too, so you want to be able to impress them!
As for what to remodel in the bathroom, look at what’s selling in your area. Check out Zillow or Redfin to see what homes for sale in your area look like and copy that. In general, though, most people are opting out of your big bathtubs and instead getting large walk-in showers with a luxury shower-head. Most modern bathrooms are also boasting new, wooden cabinets.
Finally, if your home only has one bathroom, it might be beneficial to add another bathroom rather than remodel that one. Adding that extra room can have a return of almost 80%, so it’s definitely worth it to spend the extra money at that point.
Marie joined The Hive in 2018 and specializes in family law and real estate closings. Before this, she was a licensed marriage and family counselor. When she’s not helping other people’s families, you can find her and her husband at any local real estate networking event.
This is a crowdsourced article. Contributors are not necessarily affiliated with this website and their statements do not necessarily reflect the opinion of this website, other people, businesses, or other contributors.