Wednesday, September 10, 2014

Bathroom remodeling and adding value


According to Remodeling Magazine, remodeling a bathroom may recover as much as 64 percent of the cost when a home is sold. This could make a bathroom remodel a strong investment, as home improvements go. Despite this, it can be hard to determine how much a remodeling project adds to the home's overall sale price so homeowners should keep in mind a specific budget before beginning a project.  Other factors could affect the homes sale price, and some buyers will care more than others about specific home improvements.



A home improvement project is a complex undertaking, and requires solid financial and design planning in advance to ensure it goes smoothly. If current homeowners are planning to sell soon, they may be better off selling the home in its current condition rather than improving it, unless there is some problem requiring repair. It may not be worth implementing upgrades if there will not be time to enjoy them.

Some useful renovations

If owners do decide to go forward with projects, one improvement possibility is to add storage space, according to HouseLogic. Bathrooms are often crowded, leaving little room for spare towels and the many products commonly used there. A bathroom with ample storage can represent a major convenience, so adding shelf units or hanging some items on the walls can make a surprising difference.

An easily overlooked upgrade might be to improve the ventilation. Air movement can govern the bathroom temperature, humidity and fogging of mirrors, and poor air flow could damage cabinets or encourage the growth of mold.

Improving bathrooms

Improving ventilation, storage space, lighting and other aspects of the room can draw interest from home buyers in addition to making the home more comfortable for its current residents. A warmer or more comfortable room may stick in buyers' minds, justifying the price point home sellers know their properties warrant.

There are benefits beyond improving home price, as well. Bathrooms are among the most important rooms in a home, where people regularly need to spend a certain amount of time. Like kitchens, they typically receive a great deal of attention from potential buyers. A comfortable, clean bathroom may be among the deciding factors when home buyers commit to a purchase.

Both rooms tend to have more fixed features, such as counters, sinks and
cabinets, than living spaces and bedrooms. As a result, there is less
flexibility. New owners can arrange their furniture however they like, but it may be impossible to alter a bathroom or kitchen significantly without remodeling or renovation.



Photo Credit PoshSurfside.com Creative Commons License

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