A Bathroom Remodel Can Increase Your Home Value

A Bathroom Remodel Can Increase Your Home Value

 

Bathroom Remodel

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:

  1. Hide the Toilet
    According to home remodeling and design experts, houzz, you should not make the toilet the first thing people see when the door is open. Houzz says, “If you’re hoping for a spa-like vibe, putting the john front and center in the design can sort of kill the mood as you’re transitioning into the room. So, what should you make the focal point? Anything but the toilet.
  2. Update the Lighting
    Popular Mechanics wants to make sure you don’t forget the lighting when it comes to your bathroom remodel. They say, “You don’t want to end up with a new bathroom but outdated light fixtures. Plan your lighting early on so you’ll know if you need to run new cable. Consider recessed lighting over the shower for better illumination while you’re bathing. Just make sure the lights are rated for bathrooms.”
  3. Create Storage for Toiletries
    This Old House, along with countless other experts, recommend that you take the time to make sure there is proper storage in the shower area for things like shampoo, conditioner, and soap.  A recessed cubby is preferred by most over shelves. Here’s what This Old House says, “Unlike clunky over-the-showerhead organizers, a recessed cubby in a tub or shower surround gives shampoo and soap a permanent home and doesn’t take up stall space.”
  4. Provide Adequate Surface Area
    According to Consumer Reports, “Since grooming is the main task at the vanity, it’s important to have plenty of surface area to put things down.” People need space to set down their accessories while getting ready in the bathroom. So in your renovation planning, keep this in mind.
  5. Consider a Tankless Toilet
    Toilets with tanks take up valuable space, according to Good Housekeeping. They suggest a tankless toilet then you can, “hang a cabinet or an eye catching piece of art” above the toilet.

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.