When a homeowner is contemplating a home renovation, there are typically two primary goals in mind: first, they want to be able to enjoy their space more, and second, they want to add value to their property. You want to be sure that your bathroom redesign is worth the money and the work, just as you would with any other home improvement project. When you sell your house, you can expect a return on investment (ROI) of 70% from a bathroom renovation, according to the Cost Vs. Value study that Remodeling published in 2018. If you’re still unsure whether your bathroom needs to be updated, here are some benefits to consider.
1. Increase Resale Value
If you are planning to sell your house in the future, investing in bathroom remodeling might almost pay for itself in the increased value it brings to your property. After resale, you might be able to recuperate more than 60% of the money you spent on refurbishing your bathroom. Homes that have undergone bathroom remodeling sell faster, reducing the time and money needed to put your property on the market.
2. Reduce the Cost of Utilities
The majority of bathrooms in older homes are not just visibly out of date but also generally inefficient. Because of things like wasted water and drained power, your annual utility rates can be several hundred dollars more than those of others with more current appliances. Investing in high-quality bathtubs and showers that require little to no upkeep, consume less water, and last for a longer period will save you money in the long run.
3. Enhances Safety
If you or a loved one has trouble bathing due to limited mobility, then you need to get your bathroom remodeled. Plus, upgrading to a walk-in tub or shower is pretty easy. Do not risk getting hurt since this might result in trips to the hospital or even worse.
Investing in a bathroom remodel can be worthwhile if your current one is difficult to use or just plain outdated. After all, on average, you spend between 20% to 30% of your day in the bathroom, so why not treat yourself to some renovations that will make the space more enjoyable? Give us a call today for assistance with your bathroom remodeling project.