Home improvement projects often fall into three categories: bathrooms, kitchens and enhancements for curb appeal. While each of these has its importance to increasing the resale value of your home, many basic elements and features are often overlooked, such as the information gathering phase.
Here are a couple of quick reminders to jump into before you drop even a few hundred dollars on your bathroom project.
How much does a bathroom renovation cost & what’s the ROI?
A complete bathroom remodel or renovation costs anywhere between $2,500 for a small bathroom or average bathrooms with moderate updates, to $25,000 for larger bathrooms or bathrooms with more in-depth requirements. If you happen to have an expansive or luxury bathroom, you may see price tags between $30,000 and $50,000 for a full overhaul.
Taking on bathroom home improvement projects, however, can give you nice returns on your investment (ROI) of around 60% to 65%. Modernizing areas such as the wall tiles, floor tile, bathroom layout, shower enclosures and other essential facets can start the drive to increasing your home’s resale value.
You may also want to ensure the existing plumbing and electrical systems are up to spec as well, as to not detract from any efforts you’re putting in to upgrading your home
What else is all the rage in bathroom projects?
Your bathroom remodeling project doesn’t have to stop with bathroom fixtures or a walk-in shower. In fact, a few other nice-to-haves are heated floors, glass doors and stylized marble countertops for a distinguished aesthetic. You may also want to try adding a modernized medicine cabinet or free-standing tub if you want to go for a more rustic feel.
Regardless of your stylistic choice, be sure to incorporate some elbow room for occupants of your bathroom when they opt to use it, or you may have more of a bath closet instead of an entire room.
Bathroom remodeling ideas can start anywhere, but these basics will help you get more in touch with what your remodeling goals are and how you can begin the process of bringing them into your bathroom design.
About the Author
Carolyn Andrews
Carolyn Andrews has over 30 years licensed Brokerage experience in both California and Colorado. Born in England, Carolyn moved to California in 1980, then relocated to Denver, Colorado in 1991. Carolyn has also received recognition for Top Sales at RE/MAX Alliance Aurora in 2007-2008 and is a member of the RE/MAX Hall of Fame & Chairman’s Club, as well as a recipient of the ReMax Lifetime Achievement Award. Carolyn has sold over 2000 homes personally in her career. Carolyn has been actively involved in many aspects of the Real Estate business including investment property, luxury homes, mountain resort property, skiin/ski out, REO/default management, loss mitigation, valuations, and disposition. She has been a speaker and panelist at several conferences and has been consulted on many occasions by various organizations in the REO/financial industries for her expertise and served on many boards. She has attended numerous ongoing classes to stay abreast of changes in the ever-evolving Real Estate industry. She is the prior State Director for Colorado for VAREP(Veterans Association of Real Estate Professionals). She is a member of 3 boards of Realtors including Metro Denver, Colorado Springs and Summit County mountain areas. She heads up The Andrews Group and is or has been an active member of NAR, CAR,REOMAC, CIPS, CRS, AREAA, NAPW, NAHREP, and is an original member of the ELITEReal Estate network. She was ranked #1 for most homes sold in Denver 2007 by Denver Board of Realtors, #2 for 2008, and #2 for 2009, #5 in 2010 and #4 in 2011 and has been consistently in the top 10 ever since. Carolyn Andrews has been a top rated Endorsed Local Provider for the Dave Ramsey Organization and also a Top Producing agent for 2018 for the Homelight Company.
