Bathroom renovation is an excellent way for a homeowner to boost the sale price of their home. However, not all renovations are created equal. Homeowners who want to get the best ROI must plan their remodel wisely. Buying economical fixtures can help, as can purchasing fixtures that specifically interest home buyers.
Install Low-Flow Fixtures
Protecting the environment is of major importance to many homeowners, as is saving money. Low-flow fixtures do both at the same time. The standard low-flow toilets use 4.8 litres per flush. This represents significant water savings compared to the old toilets, which used about 6 litres per flush.
Low flow fixtures are just one of the many eco-friendly materials available to homeowners. Other eco-friendly materials include recycled glass tiles and reclaimed wood vanities and cabinetry.
Install Stone Countertops
Stone countertops are, and have been for many years, what every home buyer looks for when they're evaluating a bathroom or kitchen. In recent years, manufactured stone has become prevalent because it is durable, attractive and can be made to match any bathroom in any colour.
Many types of manufactured stone are made from crushed quartz that has been mixed with resin to form a hard, water-proof shell. This product needs very little maintenance and can last for many years without showing any signs of wear and tear. Homeowners who want to install manufactured stone in their bathroom can do so by first working with a contractor to pick the right product for their bathroom.
Keep It Affordable
The more the homeowner spends on a bathroom remodel, the harder it is to recoup the cost. Homeowners get the best ROI by keeping their costs down. There are many ways for homeowners to control costs when taking on a bathroom remodel.
Shopping around and getting multiple bids from different contractors is one way to keep the remodel affordable. It's also helpful to avoid buying top of the line products. East Calgary home buyers are not often willing to pay extra to have high-end bathroom fixtures, so homeowners who want to make a profit must do so by purchasing less expensive bathroom fixtures.
Along with the interest in sustainable fixtures and materials comes an enthusiasm for natural aesthetics. Natural paint colours, natural lighting and natural materials all help make the bathroom more attractive to buyers. Natural colours and materials are also a smart choice for home sellers because natural colours tend to be neutral (cream, brown and gray). Neutrals appeal to wide numbers, and thus make the bathroom more appealing to the majority of buyers.
Install A Second Bathroom
The majority of home buyers want a house that has two or more bathrooms. Homeowners who have only one bathroom can attract more buyers and can sell their home for more if they add a second bathroom. It's estimated that turning a one bathroom home into a two bathroom home can add as much as $30,000 to the sale price of the property. Installing a second bathroom can be very expensive, so it's important for homeowners to work with their contractor to control costs. Sometimes installing just a half bath is enough to boost the price of the home while keeping costs down.
Work With a Reputable Contractor
For more information abut how you can improve the value of your home by renovating or adding a bathroom, talk to a qualified and experienced contractor and real estate professional. Working with the experts can help you determine how you can best improve the value of your property.