How Remodeling Your Bathroom Can Increase Home Value
Majority of people overlook bathrooms, although they are an essential part of any home. One of the surest ways to add value to your home is by updating or remodeling your bathroom, or even re-inventing an idle room in your home into a bathroom. A bathroom must be functional, but also aesthetically pleasing. While updating a bathroom is not cheap, you can use a loan option. Going through an experienced mortgage broker such as Seattle mortgage broker will enable you to access borrowed money at an affordable price conveniently.
What to consider when planning a remodel
When you are planning to remodel or create a new bathroom, there are several factors you need to consider. First, keep in mind the style of your home. If it has a rustic design, avoid a modern remodel. Secondly, compare yourself with other house owners in the market to determine if adding an extra bathroom will help you become more competitive. Find out if potential buyers will consider the features you want to add, such as a bathtub, valuable.
Below are several ways you can remodel your bathroom and increase value.
Update your bathroom
The first step in carrying out an update is to ensure that you correct any leaks or damaged areas. Ensure that there are no issues with the plumbing or electrical structures before you begin to remodel. There are various ways you can update your current bathroom. You may create a new layout, make more room to create a bigger bathroom, or update the existing design. The kinds of changes you want to make will determine how much your project will cost. You may decide to do some small carpentry tasks that you can manage to save costs, and leave the more technical work to a contractor.
The biggest return on investment will come from adding new tiles, updated fixtures, and natural lighting. Adding luxury features such as Jacuzzis, heated floors, shower seats, and storage is also profitable. Think about adding functional features such as a second sink, and an upgraded shower fixture and shower head.
Adding an extra bathroom
The best way to add space is to re-invent an underutilized room or some extra space. Buyers are attracted to houses with more bathrooms because bathrooms should be adequate for both family and guests. It is wise that your project for adding extra bathrooms does not cause your house value to go way beyond that of houses in your neighborhood.
When going for bathroom colors, do not go overboard. It is best to stick with neutral colors but also try to match the design for the rest of your house. A bathroom should be a little toned down, so go easy on trendy designs and fancy materials. If you want to make the bathroom appear larger, which is also an advantage, you can skip the tub and use a glass shower instead. In summary, the most valuable additions to your bathroom will be modern fixtures and lighting, usability and storage features, and luxury touches.