When anyone buys a new home today, most people look for things in the home that will make the biggest difference to them. In some cases, the family may pass by a home if it is not equipped with the rooms, appliances, lighting and other things that they want and need to be comfortable in their new residence.
More importantly, some areas are the selling point since they may be exactly what the prospective homeowner is looking for. Or, the sell of a home may be rejected if it is lacking in any way.
Whatever the case or situation, most people look very closely at the kitchen and the bathrooms (to be specific, they want to have the best residential toilet). In fact, if these places are not sufficient enough in meeting the needs, this may be the deciding factor when making an investment.
That being said, one of the essential rooms in any home today is often considered to be the bathroom. However, when the seller is attempting to estimate the actual value of their home, they may even overlook the present value for these rooms.
Even though most people may start their buying decisions based on the perfect landscaping and curb appeal, they may not finish their valuation until they have looked at the condition of the bathroom equipped with vanity, bidet, bathtub, and so on. So, for those of you who are interested in knowing how much value does a bathroom add, here is some information that you should look through.
Replace Old Fixtures with New Fixtures
The amount of money spent in the bathroom will usually determine what kind of value that the bathroom adds. In cases where the home is aged by several years and more, new fixtures may be needed to update its overall looks.
Fortunately, there are a lot of different bathroom appliances and fixtures on the market today that can give it a completely new look. Even without emptying out the homeowners’ bank accounts, the smallest changes can make a big difference. You can even start by replacing an old shower head and getting the best water saving shower head.
Moreover, if the bathroom currently has older sinks that are visibly worn, they can easily be replaced with newly updated sinks that will make the entire bathroom look more modern. So, some homeowners and their families may start off with the less expensive projects by replacing the old with the new for a minimal amount of cost. Therefore, when it comes to placing a new value on bathroom changes, the looks may be much greater than an overall increase in value.
Value Depends on the types of Upgrades and Renovations
Now that everyone knows that the bathroom does have a certain amount of value tied to it for both the buyer and the seller, the next issue of concern is understanding how the value of it is determined. In fact, a significant factor in adding up its overall value is largely dependent on the types of additions that the homeowner makes.
Therefore, if you are looking to get the utmost value out of your property, the first thing that will need to be considered carefully is adding the appropriate upgrades. Upgrading the present status of the bathroom may entail a wide range of plans including replacing the old amenities with new ones.
From replacing the washer and dryer unit with a new innovative set that is easy to control to make sure the bathroom is painted another color all the way through, people can pick and choose which changes and updates will give them the most value for the amount that they have to spend.
Typically, based on information from homelogic.com, adding an additional 1/2 bath to the home can increase the value of it by as much as 10%. Or, if the homeowner chooses to build a new whole bath altogether, the value of the home will rise by as much as 20 percent. Just keep in mind the all the toilets have the best soft close toilet seat to impress potential buyers.
Selecting a Specific type of Decor for functionality
No matter which options a new homeowner chooses, it’s important that everyone becomes familiar with all of the features that are currently available. For instance, if the homeowner is looking for bathroom decor that is both stylish and functional, they may choose the following amenities.
- Bidet seats.
- Bathroom mirrors.
- Acrylic bathtubs.
- or you can simply change the old tiles of the bathroom.
All of which the new homeowner will need to research prior to making their investment.
Adding a New Bathroom For More Lucrative Investment Opportunities
Upgrades are great since they do add to the overall value of the home. However, if you are thinking about selling your home at a later date and you want the biggest bang for the amount that you are intending to spend in home renovations, you should consider adding a new bathroom.
Adding a new bathroom can increase the value greatly. Particularly, when buyers are looking for a home with more than one bath to accommodate the needs of a large family. Therefore, when a homeowner is trying to decide what they really want to do, they can check out the latest innovative styles and designs in the industry.
For instance, if the homeowner wants a bathroom with a hot tub, jacuzzi and other updated amenities and fixtures (best TOTO washlets for example), they may find that these additions are not only great for physical selling points but very lucrative investments in the long run.
How much value does a bathroom add? The answer to this question can vary greatly from one home and project to the next. Therefore, the homeowner and the changes that they make can make a significant impact on how much it is financially will be benefitted, homeowners can pick and choose what types of projects that they can take on as well as how much money they can afford to update the overall home looks. Installing an exhaust fan is a wise decision to add value to the bathroom.
In some cases, the owner may choose to replace old fixtures with new fixtures and the cost is minimal. Or, the owner may elect to upgrade an old bathroom with completely new renovations. These new renovations can be very costly so the owner may add as much as 10% and more to the value of their own home.
The major bang for the bucks, however, is normally when the owner decides to add a new bathroom to the home so that they will have more than one bathroom for a huge family to share.