Most home improvement experts agree that a bathroom remodel yields anywhere from a 60-70 percent return on a property owner’s investment. This makes it one of the top projects for homeowners who are interested in increasing their property’s value. However, to ensure maximum return on investment, the latter of which is referred to as “ROI,” the tips outlined below should be followed:
Expanding the Bathroom’s Size. Increasing the size of a bathroom is a great way to instantly add value to a home. If possible, going from one full bath and one half bath to two full bathrooms also instantly adds appeal for virtually any prospective buyer.
An Updated Appearance. Old bathtubs, commodes and showers give a dated look to most bathrooms, and older fixtures are also somewhat difficult to clean. To breathe new life into the room, homeowners should invest in modern style vanities, tubs and showers. Replacing shower curtains with low maintenance doors will also go a long way toward making the bathroom more appealing. The property owner may even opt for water saving commodes and low-flow showers, as environmentally friendly designs are also currently very popular.
Lighting Considerations. Dim lighting can make even a highly appealing bathroom look dingy and dull. Therefore, when completing a bathroom remodel project, homeowners should use lighting that makes the room appear beautiful and bright. Light fixtures should be installed over the bathroom sink to ensure adequate lighting for grooming tasks.
Simple Renovations with a Big Impact. A new coat of paint or the addition of a few mirrored tiles on one wall are simple, cost-effective ways to update a bathroom even for those working with a strict budget. Light colors should be used to paint small bathrooms to give the illusion of additional space and mirrored tiles should be strategically placed for maximum effect. Additionally, problems of limited storage can be solved by adding corner shelving or extra pegs for additional ways to hang bathrobes or towels.
Designer Bathrooms. Creating a designer bathroom, rather than one that is merely functional, is also a great way to achieve maximum ROI following a renovation. Adding high-end chrome fixtures, vessel sinks, and other novelty items makes the home highly appealing to potential buyers. Trendy fixtures such as large square shower heads that offer a rain shower effect are also popular designer items for a modern bathroom.
Finally, after deciding to embark upon a bathroom remodel project, property owners should consider maximizing their investment by hiring a trustworthy, licensed contractor who can offer appropriate tips and properly complete the job. In this way, the homeowner is assured of a satisfactory outcome.