Boosting Your Home’s Value with a Bathroom Remodel: Insights from Stacy Burgin with Terra Point Realty
When it comes to increasing the value of your home, a bathroom remodel can make a significant impact. Not only does it improve the functionality and aesthetics of one of the most utilized spaces in your home, but it also adds value to your property. Today, we have the pleasure of hearing from Stacy Burgin, a real estate expert from Terra Point Realty, who will share her insights on how to boost your home’s value through a bathroom remodel.
According to Stacy, a bathroom remodel can be a game-changer when it comes to selling your home. “Buyers are increasingly looking for move-in ready properties,” she explains. “By investing in a bathroom remodel, you are not only attracting potential buyers, but you are also commanding a higher asking price.”
So, how can you ensure that your bathroom remodel adds maximum value to your home? Stacy shares the following tips:
Focus on Mid-Range Renovations
Mid-range bathroom remodels tend to have the highest return on investment (ROI), recouping about 60-70% of costs on average. Avoid overly luxurious upgrades that may not appeal to all buyers.
Don’t Change the Layout:
Additionally, if possible keep plumbing fixtures in their current locations to avoid costly plumbing work. Therefore, which can significantly increase renovation costs without necessarily adding value.
Focus on Functionality
A bathroom should be practical and functional. Consider adding storage solutions, such as built-in cabinets or floating shelves, to keep the space organized and clutter-free. Upgrade fixtures, such as faucets, showerheads, and toilets, to enhance the bathroom’s functionality and efficiency.
Update Key Fixtures:
Such as, replace outdated toilets, sinks, faucets, and showerheads with modern, water-efficient models. Furthermore, this can significantly improve the bathroom’s appearance and functionality.
Add Storage:
Incorporate built-in shelving or cabinets to increase storage space, which is highly valued by potential buyers.
Create a Spa-Like Retreat
Transform your bathroom into a relaxing sanctuary by incorporating luxurious elements. Install a rainfall showerhead, invest in a deep soaking tub, and consider adding a vanity with ample counter space. These upgrades will not only attract potential buyers but also create a serene and rejuvenating environment for you to enjoy.
Refresh the Vanity:
Update or replace the vanity, as it’s a focal point in most bathrooms. Consider adding a new countertop, sink, and hardware for a fresh look.
Install a Walk-In Shower:
Converting a tub to a walk-in shower can appeal to many buyers, especially in homes with multiple bathrooms.
Consider Universal Design:
Incorporating accessible features like grab bars and a walk-in shower can appeal to a wider range of buyers and potentially increase your home’s value.
Invest in Quality Materials
When it comes to a bathroom remodel, it’s essential to invest in high-quality materials that will stand the test of time. Opt for durable flooring options, such as ceramic or porcelain tiles, and choose countertops that are resistant to water damage and stains. Quality materials not only add value to your home but also ensure longevity and minimize maintenance costs.
Retile Floors and Walls:
New tile can dramatically change the look of a bathroom. Consider neutral, timeless options that appeal to a wide range of buyers.
Ensure Property Ventilation:
Install a good quality exhaust fan to prevent moisture-related issues, which can be a major concern for buyers.
Maximize Natural Light
Natural light can make a small bathroom appear more spacious and inviting. Consider installing a skylight or a larger window to allow ample natural light to flood the space. If privacy is a concern, Stacy recommends opting for frosted or textured glass that still allows light in while maintaining privacy.
Pay Attention to the Details
It’s the little details that can make a significant impact. Upgrade the lighting fixtures to create a warm and inviting ambiance. Install stylish hardware, such as drawer pulls and towel racks, to add a touch of elegance. Don’t forget to freshen up the paint or wallpaper to give the space a fresh and updated look.
Improve Lighting:
Upgrade lighting fixtures and add task lighting around the mirror. Good lighting can make the space feel larger and more inviting.
Conclusion
In conclusion, remember, the key is to create a fresh, modern look without overspending. According to Zillow data, minor cosmetic changes can yield a $1.71 increase in home value for every $1 spent. Always consider your local real estate market and comparable homes in your area when planning renovations to ensure you don’t over-improve for your neighborhood.
Stacy concludes by emphasizing that a bathroom remodel is a worthwhile investment that can significantly increase your home’s value. “By following these tips and creating a bathroom that combines functionality, luxury, and quality, you will not only enjoy a beautiful space but also reap the rewards when it comes time to sell.”
Lastly, a bathroom remodel is a smart way to boost your home’s value. By incorporating functional design, luxurious elements, quality materials, and attention to detail, you can create a bathroom that wows potential buyers and adds significant value to your property. So, why wait? Start planning your bathroom remodel today and watch your home’s value soar.
Contact Information
To schedule a coffee date or learn more about how to boost your home’s value with a bathroom remodel, contact Terra Point Realty at 713-766-1697. Their friendly and knowledgeable team is ready to assist you with how to boost your home’s value with a bathroom remodel. Don’t miss out on the opportunity to live in your dream house – schedule a coffee date today and start your journey towards how to boost your home’s value with a bathroom remodel.
