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There’s an old saying that kitchens and bathrooms sell homes, but can a complete bathroom remodel really increase your home’s value? Most realtors agree that a well-planned and executed bathroom renovation can boost resale value and reduce the time a home sits on the market. Between 2006 and 2012, the average return on a bathroom remodel was around 62%, rising to approximately 72% in 2014. Here’s what to consider when renovating your bathroom.
Appeal to the Masses
If remodeling with resale in mind, remember that personal taste may not align with buyers’ preferences. Use removable accessories like towels and rugs to showcase style while keeping permanent fixtures neutral. Neutral vanities and tubs allow potential buyers to easily imagine themselves in the space.
Stick to the Basics
You don’t need to go overboard to impress. Focus on convenience and luxury upgrades, such as showerheads with temperature control, bathtubs with adjustable jets, foot massage jets, new filtration systems, and replacing outdated flooring with new tiles. Small updates can provide big impact, especially on a budget.
Go Big, or Go Home
The average bathroom remodel in 2014 ranged from 400–800 sq. ft., but smaller bathrooms can still feel spacious. Use mirrors, additional lighting, and windows to create the illusion of space. For major renovations, consider adding square footage from an adjoining room or a new bathroom to increase resale value.
Get Expert Advice
If unsure where to start, consult a real estate agent to understand buyer preferences. Once renovations are decided, contact a reputable contractor—ask friends or neighbors for recommendations or read guides on finding the perfect contractor.
