One of the best home improvement projects you can take on is a bathroom renovation. Bathroom renovations, large and small, can not only increase your love for your home, but they can also have a large return on investment for the home owner.
Bathroom renovations are among the top renovations that yield the best return on investment with an average return of 62%. Another reason bathroom renovations are great for adding value to your home is that renovations both large and small yield a great return. According to Remodeling Magazine’s annual Cost vs. Value Report, a bathroom renovation of $16,724 will recoup 70% of the investment and a more extensive $54,115 renovation job has a return of 59.8%.
When it’s time to sell your home, you’ll be glad that you did a smart renovation by adding value to your home.
Most Profitable Bathroom Renovations
Replace the Bathtub with a Shower:
In most homes, showers get more use than bathtubs, so why keep the tub? A large walk-in shower can be a selling feature and you’ll get a lot of use out of it. Replacing the bathtub with a shower allows for extra space, multiple shower heads, built-in seats, and shelving. Already have a shower but it’s outdated, small, and needs TLC? Consider replacing it with a walk-in shower with oversize panes of glass or solid walls that enclose the space.
Buyers want to see a bathroom that they could enjoy using everyday, so out with the old tub and in with the spacious shower.
Correct Bathroom Lighting:
No one enjoys the unfortunate experience of getting ready in a bathroom with poor lighting. The secret to avoiding this problem is choosing the correct light bulbs depending on the location of the lighting in your bathroom.
Shopping for new bulbs means paying attention to lumens, the amount of light you get from a bulb— i.e., brightness. For lighting the various bathroom areas, the Lighting Research Center recommends:
- Toliet: 45 lumens
- Sink: 450 lumens
- Vanity: 1,680 lumens
Efficient Water Control Fixtures:
It’s time to say goodbye to outdated water-wasting fixtures (i.e. toilets, shower-heads, faucets), and hello to new smart, sleek, and efficient fixtures. Older fixtures can increase your water bills and won’t be attractive to buyers. There are many options out there for efficient water control fixtures, including low-flow shower heads, water-conserving toilets, water-conserving faucets. You’ll save money on your bills and increase the value of your home. Double win!
More information about these efficient water control fixtures:
- Guide to High-Efficiency Plumbing Fixtures
- Low-flow Shower Head
- Water-Conserving Toilet
- Water-Conserving Faucets
Air Ventilation Systems:
Air ventilation fans may not be the first thing that comes to mind, but it’s a key step to adding value to home and not to mention protecting your bathroom renovation investment. These systems are essential for removing excess humidity that fogs mirrors, makes bathroom floors slippery, and contributes to growth of mold and mildew. You’ll also protect the value of your home as you’re avoiding mold remediation — which can cost anywhere from $500 to $6,000, not cheap.There are many options available depending on the bathroom size, vent methods, and systems, but this guide from HGTV explains what you need to know.
It’s time to start planning your new and improved bathroom! Waiting to renovate? Simple changes such as paint, lighting fixtures, shower curtains, or towels can go a long way. Happy renovating!
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