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.
For original article visit http://www.coldwellbanker.com/real_estate/learn/bathroom_remodeling_and_adding_value?topContentLast=MostRecent&title=Home+Owner+Resources&daysBackLast=30&lastLinkFlag=CATEGORY&contentIdLast=272050
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