A remodeling project is exciting! And, let’s be honest, a little bit stressful.
We all get used to having a rhythm and a routine in our own homes, and turning your house into a construction zone can be enough to make any homeowner shy away from redoing their home. Plus, all the questions!
- Will you like the finished product?
- How much will it cost?
- How much value will it really add?
If you’re looking to start a bathroom remodeling process but are unsure if it is right for you, you’ve come to the right place. We’ve gathered all the pertinent information that you should know before starting so that you can make an informed decision. If you’ve been asking yourself how much value does a bathroom remodel add, we’ve got the answers you need!
5 Reasons to Remodel Your Bathroom
Perhaps you’re not sure if you want to start a bathroom renovation in the first place! After all, it’s just a bathroom, right? Who cares what it looks like?
The truth is, that a bathroom is one of the most used rooms in any home. A quality bathroom has many benefits for both you and any future buyers. Here are some of the top ones.
1) Aesthetic Appeal ✨
It may seem like the least important thing on this list, but we believe that having a space that is visually appealing helps you love and appreciate your home more. You deserve to have a home that makes you feel peaceful and excited. The bathroom is no exception!
2) Safety ⛑️
Unless you’re slipping in the bathtub, you probably don’t think of your bathroom as a particularly dangerous space. But there is one invisible danger that you might not be aware of.
That’s right. We’re talking about mold.
Bathrooms are particularly susceptible to mold growth due to the fact that they use lots of moisture. Between your shower, tub, sink, and toilet, there are lots of chances for moisture to build up and mold and mildew to grow. More troublingly, it could be growing in places that you can’t see, such as behind wallpaper or flooring. A bathroom remodel can help uncover these trouble spots and give you a fresh start.
3) Plumbing Issues ????
Many of us live with minor plumbing issues for years without getting them fixed. Small faucet leaks, a constantly running toilet…these are things we learn to get used to. However, a bathroom remodel is the perfect time to fix these recurring issues and make your home more efficient.
4) Changing Needs ⏰
As time goes on, many of us find that our homes are no longer right for our changing needs. Maybe you don’t have the same mobility as you did ten years ago. Maybe your family has grown. Or, maybe you are an empty nester.
Whatever situation you find yourself in, bathroom remodels can help create an environment that is more conducive to your everyday life.
5) Resale Value ????
Looking to sell your house in the near future? You’ll want to get the best possible price. The best way to do that? Have a modernized, updated house.
Future homeowners love a well-done bathroom. So much so, that you can expect to recoup about 53% of the overall cost of your bathroom renovation.
How Much Value Does a Remodel Add?
We’ve covered all of the basic benefits of investing in a bathroom remodeling project. But will it really add significant value to your home?
Studies have shown that the answer is yes!
A bathroom remodel will absolutely increase home value. The amount will depend on how extensive of a project it is. The average bathroom remodel cost is between $6,000-$15,000, meaning the returns will vary greatly. Here are some examples of expected home value based on the project.
Small Bathroom Renovations
Perhaps you aren’t up for creating a brand new bathroom yet. That’s alright! You can still help increase your home’s resale value by making small tweaks.
A small bathroom renovation project might include things like updating outdated hardware, adding a fresh coat of paint, and other cosmetic touches. Percentage-wise, you are likely to have a pretty good ROI on this, as it will cost you very little.
Midrange Bathroom Remodel
A midrange remodel might include things such as freshly tiled shower walls, a new vanity, and new appliances like toilets. These are more expensive additions, but they can make a huge difference to the space, and future buyers will notice.
The average return on this type of bathroom renovation will be around 60% when homeowners spend more than $24,000.
Upscale Bathroom Remodel
Want to create a truly luxurious space? Upscale bathroom renovations add things such as heated floors, double sinks, stand-alone bathtubs, and new tile for the whole bathroom. These upscale remodels tend to land around $75,000 and fetch a 55% return.
Bathroom Addition
If you live in a smaller or older home, a great way to increase the home value is to add an entirely new bathroom. Adding a master bathroom, in particular, is a great way to create interest among future buyers. A master bath addition is more expensive, coming in at the $100,000 range. However, you can expect to get about 53% of that back.
Budget-Friendly Ways to Update a Bathroom
Want to update an existing bathroom but aren’t ready to commit to a full-scale renovation? Here are some budget hacks you can try to refresh the space.
- Paint – Paint is one of the best tools in a DIY-ers’ arsenal. A fresh coat of paint can make an outdated space look modern. We also recommend adding a new coat of trim paint to trim and windows while you are at it.
- Add a Statement Mirror – You might not spend much time thinking about the mirror in your bathroom, but it is a great place to add character. Choosing a statement mirror can help the design feel intentional.
- Wallpaper – Wallpaper isn’t just for granny anymore! These days, there are endless options when it comes to color and pattern. Whatever your taste, there is wallpaper that can transform your bathroom into a stylish haven.
Talk to a Professional Bathroom Remodeler
Need some guidance about your bathroom remodel? The team at The Heartland Builders can help! Our experts can talk you through design options and more as you start your home improvement journey. Contact us today for a free quote!
