Posted on: November 16, 2016
By: Alan O'Neill
Posted in: Bathroom Remodeling, Plumbing
Bathroom remodeling into the room you want it to be at a variety of costs. There are alternatives, however, to going out and spending money on expensive upgrades and additions. Bathroom remodeling ideas to give your bathroom that extra shine you are looking for. Create a creative accessory Many stores have creative accessories…
We all know someone who has one of those bathrooms that everyone envies: they’re chic, modern, and shiny, and make us think we could never afford a bathroom like it.
With any major purchase, you should consider your motivation, how much you will spend, and the anticipated return on that investment. When buying a car, is it out of necessity or do you just want a newer model? Are you buying a practical, family vehicle you plan to keep for years or will you upgrade again in shorter span of time? Any big expense requires careful consideration, and a bathroom renovation is no exception.
Several issues influence the value received from a bathroom renovation, but the most important is your motivation. Are you remodeling for personal use, because you plan to stay in your home long-term? The value gained in this case is emotional rather than monetary, and your decisions must be driven by what will enhance your lifestyle. Spend money on the items you love and appreciate, whether that is a large shower design with rainfall and massaging showerheads, or a unique freestanding tub.
Perhaps you plan to sell and hope this renovation will impact resale value, in which case your goal is a direct monetary return. Updating your kitchen and baths may be enough to give your house an edge over other homes for sale in your area. How much of your investment are you likely to get back in resale value? In the local region surrounding Newtown, a mid-range bathroom remodel costs around $22-28k, while an upscale remodel costs about $58k. According to a report compiled by Remodeling Magazine, you can expect to recoup about 55-60% of that cost in the resale value, though some sources put the figure higher.
When remodeling for resale value, here is a checklist to consider:
Most homes are equipped with plenty of bathrooms, but some older homes may only have one or two bathrooms. Prospective buyers expect to see multiple baths and recognize the upheaval and expense involved in adding new bathrooms, which may be a deal breaker. Considering diverting your remodeling funds to adding a second bathroom before you look at updating an existing space. This will definitely make your house more attractive on the market, and generally allows you to recoup 80% or more of the remodeling expenses. What a great return on investment!
How much you get back depends in part on the value of homes in your area, the value of your home, and the quality of your project. Check out what is typical in your area and look at the popular features found in homes for sale. Also, make sure you invest enough but not so much that you price yourself out of your neighborhood. Read full article here..
Bathroom remodels can dramatically increase the value of your home. By replacing outdated features with modern and energy efficient baths, toilets and sinks you can increase the value of your home by $2000-$3000. In addition to getting a higher return on investment, you will get the peace of mind that your house will be easier to sell.Call (713) 812-7070 us for your home service and repair needs.
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