Bathroom Remodels: A Good Investment or Throwing Money Away?

Bathroom Remodels: A Good Investment or Throwing Money Away?

A bathroom remodel in Overland Park, KS, is one of the more pricey remodels in a home, but typically for a good reason. Bathroom remodels are expensive because of the features like plumbing, hardware, tiles, bathtubs, and showers.

The most common reason people will remodel a bathroom is to get an updated feel or prepare it for a resale. People may do a more minor remodel to repair things like tiles that get worn out over time. So you might be wondering, is it even worth it to do a bathroom remodel in Overland Park, KS? Let’s get into some details about bathroom remodeling, what to renovate if you’re thinking about it, and exactly how much of a return you can get on a remodeled bathroom when reselling your home.

Reasons You Might Be Considering A Bathroom Remodel

You might be considering a bathroom remodel either for repairing purposes or aesthetic purposes. You might also need to upgrade the space if your family has grown, but your bathroom hasn’t. Finally, you may be remodeling simply for the fact that you’re looking to sell your home and looking for a project that will help increase property value. But, before you sign the contract, you are likely still wondering, will this bathroom remodel even be worth it?

Does A Bathroom Remodel Increase Home Value?

So, does a bathroom remodel increase home value? The answer is typically yes. The exact added home value is hard to pinpoint, but experts do have an estimate on how much you can get for a return on investment (ROI). First off, a bathroom remodel is somewhat pricey compared to other remodels you can choose to do. It is because of features like plumbing replacements as well as costly tiles.

The average cost of a bathroom remodeling project is about $10,000. Depending on the size and style of your bathroom, it could be less or more. For an extensive bathroom remodeling project, it could cost up to $50,000. You can expect to get about a 60% return on your bathroom remodel when it comes to home value. You may also get a better chance of a sale with an upgraded bathroom that is more modern in style. On the other hand, if you remodel the bathroom to something that isn’t as desirable, that could easily hurt your chances of a sale.

What Areas Should You Remodel For The Best Return?

If you’re looking to do a bathroom remodel, you should focus on space areas that will gain you the most ROI. It’s essential to refurbish areas of your bathroom that will make the most significant difference when it comes to the return you’ll receive if that’s what you’re going for. It’s also important to remodel areas that will get the attention of new buyers. Let’s go over some areas that should be a top priority for you regarding bathroom remodeling.

Flooring – Flooring is one of the first things that you should remodel in the bathroom. It’s something that most people include in their remodel. The flooring can get dirty and look worse than it is just because of the repeated usage of it. So experts say always to replace the flooring in the bathroom.

Vanity- This area can easily make or break your bathroom remodel. This feature should be of top concern because it is something that most people pay close attention to when viewing it.

Shower or tub- Again, this is another area that people pay close attention to when viewing the bathroom. Upgrading the bathtub or shower can make your bathroom remodel shine.

Cabinets-  The cabinets are something else that you should consider updating. These features can be renovated simply by just repainting and putting in some new hardware.

Plumbing-  Plumbing is one of the main reasons that bathroom renovations can be pricey. However, it is crucial to remodel these areas as well. These are likely to gain a return and encourage a buyer because it is a functional upgrade to the bathroom. In addition, this gives a new owner peace of mind that they will not need to replace anything until much later down the road, if ever.

Paint- A fresh coat of paint can go farther than you think it will. Whether you decide to change the color of the paint to go with your new features or if you decide just to put a fresh coat of paint that is the same color, it will still make a massive difference in the overall look and feel of the space.

Are Bathroom Remodels A Good Investment?

It’s ultimately up to the homeowner to decide if a bathroom remodel is a good investment or not. It is important to note that you will receive a 60% return typically for the bathroom remodel. It means it could increase your home value up to about $30,000 for high-end bathroom remodels, and on the lower end, it could increase your property value by about $6,000. It all depends on how much money you put into your home renovation project.

Overall, if you’re looking to increase your home value, then a bathroom remodel in Overland Park, KS, is one of the best remodels. Bathrooms are something that most homeowners or home buyers are looking at when viewing a home. A bathroom remodel might be more expensive than you’re hoping to pay, but if you’re looking for a good return and a way to make your home more valuable when going to sell it, then you should definitely consider it.

Remember always to get a professional to do your bathroom remodel for you. It ensures that the quality of work performed is on par with expectations. The trained contractors will help you with everything you need, and they will be sure to give you a detailed estimate and walk you through the process. In addition, it will help you get started with deciding whether or not to do a bathroom remodel and what areas you should focus on to remodel. Contact your local experts to help you with getting started on your bathroom renovation.