A bathroom remodel is one of the few remodels in your home that can give you some bang for your buck if you decide to sell your home. According to experts in the real estate field, homeowners can recoup as much as 80 percent of the cost when they sell their home after bathroom remodeling. So, if you have the budget and the desire, remodeling your bathroom might be a good idea.
- Evaluating the Space
The first thing you’ll need to do before a bathroom remodeling is to evaluate the space that you have. Is there any aspect of the bathroom that could use improvement? Would you like to update the bathroom’s look by changing mirrors, lighting or fixtures, or is a major renovation what you have in mind? The answers to these questions will go a long way in giving you an idea of what you want your bathroom remodel to be.
It’s also a good idea to compare your bathroom with those of your neighbors. This is important if you’re interested in selling your home in the near future. So, if you know that just about every home in your neighborhood has just one bathroom, you might improve your home’s resale value by adding another one, even if it’s a small powder room.
- The Future
The scope of your remodel bathroom should take your future plans into account. If you plan to move out of your home in around five to seven years, your remodeling aspirations might be more modest than they would be if you plan to stay in the home for a long time.