According to Zillow, mid-range bathroom remodels average an ROI of 70.1%.
You’ve invested so much in creating an inviting home for you and your family. However, you might feel it’s time to move on and search for another possibility.
Davis Kitchens understands that you want to upgrade your home to increase your its value when it comes time to sell; renovating a kitchen or bathroom is always a sure bet you’ll be increasing property value.
This article will cover some of the basic steps you need to take to ensure a positive ROI and the best experience possible when selling your home.
Think of Your Listing Housing Market
We’d be too optimistic if we left the housing market out of this conversation.
Talk to your Real Estate agent or asses if your property resides in a strong seller’s market.
You’ll understand if a renovation is worth your time and money or if you could do some minor repairs to make your bathroom functional and presentable for homebuyers.
People have different tastes and might prefer to update the bathroom area personally.
We’ll let you know what projects guarantee a positive ROI further in this article. For example, it’s best to focus on having a functional bathroom than a complex revamp.
Let’s review how simple fixes and meaningful improvements can appeal to most buyers.
Minor Fixes vs. Big Renovations
Let’s say you want to renovate your bathroom with a marbled style, including huge windows, glass doors, marble countertops, gold hardware, etc.
You might find the final results astonishing, but some homebuyers prefer to customize their design, or you might still need to receive ROI.
You can avoid these situations by focusing on minor improvements by fixing worn tiles, grouting the corners and edges, etc.
Another example is to replace old taps or a tired-looking showerhead.
These minor fixes might not aim to increase your property’s value, but they will be more appealing to homebuyers; therefore, it will be easier to sell your home.
The Cost of a Bathroom Remodel
We want to help you with some information highlighting the average cost of a bathroom remodeling project. However, remember that several elements affect the final cost of any renovation. Please read one of our blog posts to learn more about kitchen and bathroom revamp steps here.
The average cost of a bathroom remodeling in Tucson estimates between $7,000 to $41,000 depending on the size, materials, style, etc.
If your project involves demolishing and installing a new sink, tub, shower, tile, etc., it will increase the price range.
You need to consider your goals, market, and potential sellers to decide if a large-scale renovation is worth it.
3 Elements To Increase Your ROI
Now that you understand what to consider before you start your project. It’s time to look at some simple upgrades that won’t take too much out of your pocket and provide a great return on your investment.
Bathroom Vanities
Focus on having a vanity that has a comfortable height with granite countertops. HomeLight’s Top Agent Insights showed that double vanities were 2021’s number one desired bathroom upgrade.
Flooring
Think of porcelain, ceramic tiles, or vinyl materials with high durability and aesthetics. Non-slip materials are also to keep in mind when renovating your bathroom.
Tub & Shower
Although you may want to remove only some tubs from your home, consider changing the main bathrooms with doorless, walk-in showers. Most people prefer a safe and quick way to get clean and use the tub for special occasions or on the weekends.
Is a Bathroom Remodel Worth It?
If your bathrooms are in great shape meaning no electrical or plumbing issues and quality vanities, floors, and showers – you might want to skip the project.
Concentrate on minor matters or small touch-ups to make your bathroom shine and make homebuyers love your home.
On the other hand, talk to your realtor if you are sure your bathroom needs a revamp and hire Davis Kitchens for a high-quality and professional job.
We’ll help you select suitable materials and design a bathroom area that meets your needs.
We hope this article clarifies how to start your bathroom renovation, and we invite you to keep following our content.
Until next time!