A New Bathroom Adds To The Value of Your Home

Many real estate experts attest that the bathroom is one of the most important factors measuring the resale value of your home and one of the primary concerns of potential homebuyers. Bathrooms can positively affect the value of the house by their luxurious features. While every bathroom has a sink and bath tub and toilet, not all of them have whirlpool tubs, recessed lighting or extravagant features such as heated tile.

While the bathroom can be the most essential factor in a prospective homebuyer's decision, unfortunately in used homes it is usually a negative factor. The bathroom is one of the rooms that is hidden and can be closed off by a door, and unlike the living room or kitchen it is not visible and can usually be neglected and not renovated until it is very old-fashioned. The truth that bathroom renovations also tend to be costly can influence a purchaser's decision to pass or buy a home.

Bathroom renovations do not have to always cost a lot of money. Basic renovations still have a substantial yield on investment. A coat of paint or removing that rust pink wallpaper can have a very great impact on the total appearance of the bathroom. If there is seventies-era inspired avocado colored tile in your bathroom there is still hope as some companies specialize in painting tile. A change in color to white, black, or neutral is a way to be more modern and will remain up to date longer. Changing light fixtures can also improve and modernize the bathroom, and can even be an energy efficient way to save money in the long term. If your bathroom plainly requires a quick enhancement try replacing bathroom towels or simple accessories as a convenient fix.

Bathroom remodeling is much easier nowadays because there are merchandise designed for do-it-yourself homeowners. Products like tile or wood floor paneling can be bought and installed for little or no heartache. While all these changes would affect the appearance and the value of your home, more radical changes would have an even bigger effect. Gutting the bathroom and putting on new shower units, toilets, and sinks would create a whole new bathroom that can increase the selling value and the likelihood of selling your home.

A yield on equity estimator calculated that a modest bathroom remodel would have a 102.2 percent yield! While most of our investments are negative as of the moment, a return over 100 percent is huge, especially when it comes to the value of your home. For easy repairs and updates your local hardware store is often a good source of information, as is a professional installation firm. Ask questions and get the most out of your home!