Are you trying to decide whether or not you wish to remodel your bathroom? Have you been mulling over this decision for weeks or even months? That’s normal. In fact, the number one reason people hold off is because they do not want to deal with the headache of construction in the house. With the right contractor of course, this is minimized and the life-long benefits and increased value far outweigh any minor inconvenience.
A close second is that some homeowners feel upgrading the bath will not bring about enough of a benefit. Well, the truth is there are many different benefits to remodeling your bathroom. Here are just a few.
First and foremost is an improved quality of life. A beautiful granite vanity and other touches can make you feel like you are staying in a five-star hotel every single day.
Of course, there is the monetary benefit of increasing your home’s value. This will mainly happen when you make upgrades to your existing bathroom and not when you are simply fixing up the old bathroom to look relatively the same. Most upgrades to an existing bathroom will increase the overall value of a house however, the size of the increase may depend on the size of the upgrade. If you are simply purchasing and installing a better bath tub then the increase may be small but if you are increasing shower space as well as redoing the floors and walls you may see a significant increase in values.
A bathroom renovation may return anywhere from 102% to over 130% on your money that you put into the renovations
A kitchen renovation could return anywhere from 103% to over 130% on your money that you put into the renovations
As you can see, with a job well done you will be making a sound investment if you decide to renovate your bathroom. The money that you put into bathroom renovations may be recouped and then some at the time of the sale of your home.
If you are like many homeowners, you are still stuck in your decision of whether or not a bathroom renovation is right for you. You may not want to pay for the project or you just may not want to deal with the headache. You should know that there are many benefits to renovating your bathroom from improving your day to day experience to increasing value.