Adding value to your home is a great way to make some extra money when it’s time to sell. Even if you’re not thinking of moving right away, keeping money in mind when remodelling or renovating a home is a great idea! To help you add value to a bathroom remodel, we’ve got everything you need to know.
How Much Value Does a Bathroom Add to a House?
A frequent question our team here at Bluelime Home Design are asked is ‘how much does a bathroom renovation add to the value of your home?’. Well, this all depends on how well it’s done, really. It also depends on what your bathroom was like to start with and the needs of potential buyers in your area.
But, as a general figure, you can expect around $18,000 (around £13,300) from a well-finished, modern bathroom with a neutral design.
What People Want from a Bathroom Remodel
First of all, when building a new bathroom, consider how you can maximise space. This is important to anyone looking for a home and can add a whole lot of value. You might be able to knock down a cupboard or two, or fit a modern, spacious shower in replacement of a bulky bath. Anything that opens up a room will be a winner!
Secondly, reflect the style of your home. For example, if you have a period property, play up to this with ornate, vintage taps. If you have a more modern home, accentuate these features in your bathroom. This kind of design flow will add to the character of your home and help set it apart from others, giving it more appeal to buyers.
You should also pick a more neutral design for your bathroom remodelling plans and avoid going for more quirky styles if you’re looking to add value. Whilst you may love the idea of painting your walls bright orange and having a gold bath, not everyone else is going to! Give prospective buyers a clean canvas so that they can add their own touches to make the space their own.
Create a Budget
Creating a budget can help you stay on-top of your spending and not go over-board. You’ve got to remember that everywhere you overspend, you’re reducing the profits you’ll make! If your main aim is to add value with a bathroom remodel, try and keep to the minimum cost to create a well-designed, clean and functional room.
If you think a bathroom remodel in your home could add value to the price of your property, it makes a lot of sense to go ahead and do it! For help with the project, including bathroom design ideas from architects and professional money management to ensure you don’t overspend, reach out to our team at Bluelime Home Design, operating in Bromley, Bexley, Dartford and Erith.