Fresh, updated bathrooms impress potential buyers when showing a home. Before placing your home on market, consider how various upgrades can attract more buyers and increase the value of the home, netting the home seller with a higher price. The benefits of a renovated bathroom for home sellers are numerous.
Cost Vs. Value of Remodeling a Bathroom
Before spending the money on any type of remodeling or renovations for a home’s bathrooms prior to selling the house, it’s essential to look at the cost of the project versus the value. According to Remodeling Magazine and their Cost Vs. Value 2017 chart, the national average cost for remodeling a bathroom is about $18,546. The good news is, as a home seller, this average remodel cost is recouped by 64.8-percent. Pair this with increased buyer interest and a faster sale, and the recoup value makes a bathroom remodel a smart choice when selling a home.
Opportunity to Add Newest Tech and Style
Remodeling a bathroom is the opportune time to fully upgrade the space with latest technology and products. Begin with refinishing the ceramic tile to update the look and then consider adding high-tech items like a digital shower. A digital shower, depending on the make and brand, can offer total indulgence by surrounding you with water from multiple angles. It may also have smart tech that allows for several pre-set temperature programs that can be accessed from a remote or wall pad.
From sleek faucets to heated towel racks and a medicine cabinet with built-in television monitor, these high-tech updates take an old bathroom to a new, modern level. If other recently sold homes in your area have added smart technology, the cost versus value for these upgrades may be what helps sell the home faster – and remember that a listing costs money each day it is on the market.
Refinishing Compared to Replacing
For a full bathroom renovation that includes demolition and replacing the tub and/or shower as well as the tile, sink, and cabinetry, the cost might be more than what you want to spend before selling the home. Refinishing versus replacing costly items like the bathtub is a good alternative in many cases.
For example, a classic clawfoot tub can be the centerpiece of a remodeled bathroom. Give an old clawfoot tub new life by having it professionally refinished. With a professional refinishing process that generates a rich, porcelain-like look with a durable, scratch-resistant polyester coating, an old and tired clawfoot tub can be revived.
Even standard bathtubs can get a facelift to help you save time and money when remodeling a bathroom before selling the home. Why go through the hassle of replacing the tub when it can be professionally refinished? Even if there are chips in the bathtub, those can be fixed instead of replacing the entire tub.
Benefits of Reglazing
Over time, hard water, the chemicals in cleaning products, and even the products like shampoo can dull the surface of the tub and shower surround. Some chemicals leave residues that can scratch and etch the smooth surface of the surround. When planning a bathroom remodel, take a look at the surround. Is it yellowing? Does it have garish scratches or otherwise look old, worn, and out-of-date? Professional reglazing of the tub and shower surround can make a huge difference in the how the bathroom looks. Reglazing eliminates the need for having to purchase a new tub and shower surround and running the risk of a new one not fitting correctly. It’s another cost-effective method when adding value to the home before selling.
Bathroom Remodel Considerations
Before embarking on a full bathroom remodel, it’s essential to consider several factors. While it’s established that a remodel can and does add value to the home, refinishing processes may fit more budgets. Replacing items like an antique clawfoot tub, tile, or the shower/tub surround can sometimes be expensive and time-consuming, and refinishing is more budget-friendly. In most cases, it’s likely a professional contractor may be needed, in particular for the plumbing and electrical work in the bathroom. Finding and hiring a reputable contractor is key – and you’ll have to consider things like reputation, ability, and insurance coverage.
For home sellers, putting the best “face” forward can mean the difference of having your property on the market for months versus days. Bathrooms are one of the rooms that most home buyers want to see updated and looking amazing. If you make the necessary repairs and updates to the bathroom(s) in your home, buyers will be more likely to choose your property instead of the one down the street that needs renovations.