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Before you stake that “For Sale” sign on your front lawn. Any good real estate agent would attest to the importance of renovating or updating your home. Doing so will ensure you’ll receive the best price for your home in the current housing market.
However, not everyone has the funds to make big updates to the property. That’s why it’s imperative to consider ROI (return on investment) whenever you’re renovating.
Bathrooms are a top priority for buyers. So you’ll surely recoup most of the costs for most — if not all — of the costs you put towards renovating. Not sure where to start?
Here we’ve laid out 5 bathroom remodeling ideas with great ROI. By following these ideas you will not make any bathroom renovation mistakes.
Buyers Love Double Vanities
Top real estate agents have recently noted that their clients are overwhelmingly seeking a double vanity in their main bathroom. If your master bath doesn’t currently have a double vanity. Adding one will surely attract plenty of buyer attention and fetch you a higher price for your home.
Expect to pay anywhere from $1,000 to $3,000 on this project. Just remember — while this may be an initially expensive decision, you’re sure to reap the rewards after closing.
Modernize Your Bathroom With New Plumbing Fixtures
This is one of the important bathroom remodeling ideas. Switching out your main plumbing fixtures — including faucets, showerheads, and even the toilet — is an easy way to give your bathroom a brand new feel.
Replacing a toilet immediately improves a bathroom’s style and functionality. Older toilets, made before 1992, use double the amount of water than newer, government-regulated toilets. If you’re catering to environmentally-minded buyers, this upgrade will convince them to cough up a few extra bucks.
Try to find a matching set of fixtures to give your bathroom a sleek look. This upgrade will cost anywhere from $50 to $500 — plus installation costs — so it’s a relatively inexpensive investment for what you’ll recoup later.
Retile Your Shower
When buyers are viewing your bathroom, the shower may be the main focus. If your shower tiles are dirty and old, retiling would be a smart move before putting your home up for sale.
The best part? While materials cost an average of $25 per square foot, you can save some money on this project by doing the work yourself.
Apply a Fresh Coat of Paint
A fresh coat of paint applying is another one of the crucial bathroom remodeling ideas to follow.
Though home prices are high in the current housing market, most real estate agents would still suggest giving the interior of your home a fresh coat of paint in order to sell as favorably as possible.
Paint normally goes for about $30 to $45 per gallon, so it’s one of the easiest and least expensive ways to add value to your home.
You can follow the tips described in this post to hire a painting expert.
Brighten Up the Bathroom With Some New Lighting Fixtures
The bathrooms are often the area most people use to get ready for their day, so lighting is important. Not to mention, bugs often get stuck in lighting fixtures over time, so you’ll want to either ensure yours are clean or replace them before selling your home.
If you’re on a tight budget, consider just replacing the light above your vanity. The task should cost you less than $100, but your bathroom will instantly feel cleaner and brighter.
By following the above mentioned five bathroom remodeling ideas you can expect a good return on your investment.
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