Thinking of doing a bathroom remodel to help increase the value of your home? You’re in good company. Research shows that remodeling your bathroom can provide a good return of investment. Renovation Magazine says that doing a bathroom remodel has a rate of return of 78.3% for homeowners. The National Association of Realtors® “Remodeling Impact Report” continues to list bathrooms as a high impact area.
ALSO SEE: Santa Fe Real Estate Market Snapshot
So when it comes to remodeling your bathroom, what should you do? One thing you can do is consult with your real estate agent to find out what people are looking for when it comes to bathrooms. A Santa Fe real estate agent is constantly in contact with home buyers and what they like and don’t like about homes in the area.
Here are five tips from the experts to help with a bathroom remodel:
Virtually all the experts highly recommend that you have a plan before undertaking your bathroom remodel. Advanced planning, in detail, will help keep your project on track and budget in check. Some experts also suggest working with a designer during your remodel as a good local designer can help point you in the right direction and possibly even save you some money.
Take time to plan your renovation right and consult the appropriate people (local designer, local real estate agent, etc.) to make sure the changes you make are ones that local home buyers are demanding.
We’ll be tackling other great places to renovate for an increase in home value in future articles.
Darlene Streit 505.920.8001
Sotheby's International Realty ®
Main: 326 Grant Avenue
Office: 417 East Palace Avenue Santa Fe, NM 87501
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