It is no secret that making bathroom improvements is one of the most effective ways to raise your home’s resale value and yield high ROIs. Whether you are preparing to put your house on the real estate market or planning to renovate the bathroom for a change of aesthetic, it will consequently impact the long-term value of your home. Remodeling this space can provide a better bang for your buck immediately and in the future.
When buying a home, potential buyers are more inclined to a house that doesn’t require spending on additional maintenance costs or upgrading the fixtures themselves. A dull, dreary bathroom can drive potential buyers away. However, a modern-renovated functional space can yield a return on investment (ROI) of about 60%.
If you’re considering a bathroom renovation and want a good return on investment (ROI), this article is your ultimate guide. We will explore a range of top bathroom remodeling ideas that bring aesthetic appeal and offer excellent financial value. From cost-effective updates to luxurious upgrades, we’ve got you covered.
Installing and designing walk-in bathtubs can be an accessible option for seniors with low mobility. Since it has a quick entry and exit point, the walk-in tubs can be useful in states like Washington, where 63% of the population is 65 years of age and older. Even if you reside in a relatively younger city like Seattle, with a 29% rate of age 50 or above, and 12.1% of age 65 or above, you should still consider getting a tub replacement.
There are many trustworthy Seattle bathroom remodeling companies that provide accessible bathtubs with ergonomic seating, hydrotherapeutic jets, and other relaxing features to maximize your comfort and independence.
To kick-start your bathroom renovation, prioritize functional fixtures over contemporary upgrades. Outdated plumbing fixtures can increase energy consumption bills, so installing water-efficient toilets, modern faucets, and water-saving showerheads makes your space look new, reduces water consumption, and lowers utility bills.
For example, an old toilet consumes 7 gallons of water per flush, but a modern, water-conserving toilet uses 1.6 gallons of water. Updating the conventional toilet to an eco-friendly toilet can give you a competitive edge, as homeowners can easily upgrade toilets without breaking the bank.
You can install more sustainable bathroom features by installing WaterSense-certified products, as they are more efficient than conventional models. This certification assures that your showerheads, faucets, and lavatories meet the quality standards, prevent leakage, and are 30% more efficient than regular fixtures.
Having the right kind of vanity can make or break the whole look of your newly renovated bathroom. The most appropriate one to yield higher ROIs is the one with maximum storage and counter space. It should be a perfect blend of visual aesthetics and functionality.
If you are a couple who often leaves the house together and uses the bathroom at the same time, then installing a dual sink will make it convenient and time-efficient to get ready. You can also place double mirrors above the vanity when installing a sink. Consider which would suit your style, as round mirrors can give an elegant look, while rectangular mirrors can be space-consuming eye-catchers. This will save future jostling on who would be shaving or putting on makeup first.
Also, choose a vanity that doesn’t involve installing a new bathroom floor to be cost-efficient.
Flooring and tile upgrades can significantly impact the overall look and feel of your bathroom. High-quality flooring can drive up your ROIs over 100% if done correctly.
Consider budget-friendly options, such as vinyl plank flooring, as it is easy, quick to install, and costs around $1 and $4 per square foot. Installing tiles can also be a good idea because of their durability and wide range of options in types, sizes, colors, and patterns.
Durable options, such as ceramic or porcelain tiles, can also be one of the choices that offer longevity and a timeless appeal. These options are stain-resistant and water-proof. Make sure to choose a flooring option that is resistant to water and stains, ensuring that it withstands the moisture-prone environment of a bathroom.
Moreover, elevate your bathroom by installing heated bathroom flooring. Not only will it attract potential buyers, but it will reduce your energy consumption bills in the long run due to less usage of heating systems. It will keep your bathroom warm and cozy, especially on a chilly morning or a cold night.
One of the most cost-efficient bathroom remodeling ideas is applying a fresh coat of paint on your peeling walls. But if your bathroom walls are luminous orange, shocking pink, and lime green, we have some bad news for you!
With changing times, minimalistic and muted pastels are becoming the most-preferred color scheme, especially if you plan on selling the house later. Homeowners can expect an ROI of over 105% for interior painting if they stick to whites, creams, blacks, and deep blues with wooden paneling.
However, if you want to experiment, you can always add vibrant colors to your space with plants, vibrant towels, and bath mats to liven up your room. But we suggest sticking to neutral shades when it comes to painting the wall.
Ample storage is a key factor for a functional and organized bathroom. Incorporate smart storage solutions such as wall-mounted cabinets, floating shelves, or built-in niches. This can avoid decluttering on countertops.
You can also opt to install a large mirror, as it creates the illusion of more space, and a sliding door to prevent toiletries from getting wet or misplaced. With proper storage solutions, you can navigate the decluttered bathroom and maximize storage capacity without compromising aesthetics.
Conclusion
By implementing these bathroom remodeling ideas, you can create a modern bathroom space while ensuring a good return on investment. Remember to carefully plan your renovation, consider the potential costs, consult a professional contractor, and value the preferences of current consumers in the real estate market. With the right choices, your bathroom can play a huge role in driving the resale value of your home.
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