Bathroom Renovation for Resale

bathroom renovation torontoBathroom renovation is a big investment, and one of the most important questions to ask yourself as a homeowner is whether the investment is worth it to you, and how much of your bathroom renovation cost you’ll recoup when the time comes to sell your home.

There’s no easy answer to this question, as a lot of this depends upon the age of your home and how recently your bathroom has previously been renovated, although the average value added to your home is 60-70% of the original bathroom remodeling cost.  However, if you’re renovating with resale specifically in mind, it may be best to emphasize certain features, as buyers are likely to value some updates more than others.  Here are some of the amenities that are most likely to add long-term value to your home.

Storage Space

Bathrooms are relatively small spaces, but are called upon for a host of purposes.  It’s therefore practical to have ample and well-designed storage space.  Upgrading cabinetry to increase storage space or make it more efficient will pay off long-term.

Lighting

Upgrading your lighting is relatively inexpensive, but makes a big difference in your bathroom’s overall appearance.  Overhead lighting tends to cast shadows so isn’t the most effective option for bathrooms, so install ample wall-mounted lighting, especially around mirrors.  This is both practical and makes your bathroom appear roomier.

Energy-Efficient Water Supply

An updated hot water heater will make sure that you have ample water for your new shower and tub, and is also an amenity that buyers will value.  Consider a tankless hot water heater, which is more energy efficient and will also supply as much hot water as is needed, on-demand.

Soaking-Depth Tub

Whether you opt for a whirlpool tub or a simple soaking tub, a tub deep enough for a good bubble bath is a major amenity that will catch the eye of potential buyers.  Who doesn’t love a good hot bath after a long day? If you have a small water heater tank you might run into shortage of hot water for your bath. In this case you might consider a tankless water heater by Consumers Comfort Inc. They specialize in all types of water heaters.

Neutral Design Scheme

Even if chartreuse is your favorite color and seeing it on your walls would make your day, it’s unlikely that you’ll encounter a buyer who feels the same way.  If you’re looking to sell in the near future, try to pick more neutral colors that will appeal to a wide variety of tastes.

If you’re currently remodeling your bathroom or are on the market for a new home, we’d love to hear your own input.  What bathroom renovation ideas are most important to you as investments?   Leave us your thoughts in the comment section.

Four Common Bathroom Renovation Mistakes

bathroom renovation torontoBathroom renovation is very rewarding, and updating your bathroom can create an enjoyable space and increase your home’s value if it’s done correctly.  However, it’s a big job, and can be a daunting task for your average homeowner.

It’s easy to get distracted during the course of bathroom remodeling and to become overwhelmed with unanticipated expenditures and stumbling blocks.  Avoiding these four common bathroom renovation mistakes will keep your bathroom renovation on track to deliver the anticipated results.

Insufficient Budgeting

Realistically speaking, bathroom renovation is expensive.  If you don’t allocate a sufficient budget to the project, you’ll end up knee-deep in unanticipated expenses and likely with a subpar bathroom remodel.  Get a quote from a reputable bathroom renovation contractor, and discuss how to cut costs without compromising quality.  A competent professional will set a realistic budget, and will be honest about which aspects of a remodel are necessary and which are optional.

Cheaping Out on Materials

You should absolutely shop around to find the best possible deal on fixtures and materials for your bathroom renovation, but it’s critical to avoid compromising quality.  Shoddy fixtures, cabinetry, flooring or other materials will only need to be replaced in a few years, so it’s much cheaper to buy the right materials in the first place.

Hiring the Lowest Bidder

You’ll also want to hire a quality contractor, and keep in mind that the lowest bidder is often inexperienced, poorly qualified and likely to cut corners.  Choosing a reputable contractor experienced specifically in bathroom remodeling will save you heartache and repair costs down the road.  Don’t be afraid to ask questions or request customer references.  For bathroom renovations Toronto homeowners have many excellent contractors available; just make sure you hire the right person for the job.

Being Trendy

There are many intriguing bathroom renovation trends on the market currently, and although some of them may be the ticket to your dream powder room, others are impractical and overly expensive.  Additionally, some of these trends will quickly go out of style, meaning that your bathroom will be outdated in only a few short years.

A newly renovated bathroom can be a sanctuary for your family to enjoy for years to come, and increase your home’s appeal on the real estate market in the future.  If you carefully plan your bathroom remodel and avoid these common mistakes, you’ll be well on your way to a successful bathroom renovation.

If you’re currently involved in your own bathroom renovation project, we’d love to hear about the potential stumbling blocks you’ve addressed, and your personal insights on bathroom remodeling.  Please feel free to leave your thoughts in the comments section.