As with any investment, consider your home improvement ROI, that is return-on-investment. According to Remodeling Magazine, only 70% of the typical bathroom remodeling cost will be reflected as an increase in your home's value.
So do not undertake a major home renovation based on the advice of a real estate agent in order to increase curb appeal as a tool in selling your home.
Realistically speaking, a modest renovation might be in order if your bathroom is a nightmare. In the hottest markets, a bath remodel could recoup more than 100% of its investment. However, let potential buyers design their abode as they fit - after they take ownership.
What are some ways to possibly beat that 70% average bathroom ROI? Some items to cycle through:
Do you need a complete gut renovation?
Can certain items be refurbished instead of replaced?
Can a mirror be used instead of a medicine cabinet?
Consider sprinkling accent tiles with less expensive field tiles as a way to keep material costs down.
Adding a 2nd bathroom to a home could add more value than renovating your one bathroom.
Also, the longer you plan on being in your space, be aware that lower maintenance costs might more than make up for slightly higher installation costs. In a space where water is in high use and moisture is an everyday thing, ventilation and water resistant material will serve you better in the long run.
We want to caution you against unrealistic expectations
For many of us, the day starts or ends in the bathroom. When we wake up, routine hygiene such as brushing teeth, taking a shower or combing hair needs to happen expeditiously as we head off to work, school, or other activities.
At the end of the day, we need to be able to unwind from all of the day's demands and clear our minds to prepare for the best restorative sleep. If your bathroom is adding to your stress instead of your relaxation, consider a bathroom renovation. Before thumbing through a remodeling magazine or engaging an interior designer, start out with the basics.
Measure your space. Think about your family's usage - both now and possibly in the near term. Be realistic about your budget. Prioritize your must-haves. Reflect on bad features you want to eliminate. .
At Acosta Home Pro, we can help turn your bathroom dreams into a reality. Our decade experience as a general contractor guides our timely and cost-effective execution of your project
There are many reasonable trade-offs that you can make to stretch your budget dollars while striving for the aesthetics and functionality you want. Lighting, water pressure, traffic circulation, storage, colors and ventilation should all factor into your design to yield you the most bang for your bucks.
At Acosta Home Pro, we know that customers want to finish projects on time, on budget, and with the highest quality so that they can enjoy their new bath instead of stressing about whether the contractor will show up. We worry about cost versus value. Since so much of our business is word of mouth, we focus on customer service to earn your trust and positive review.