Most people think the bathroom is essential if you are looking at what home improvement projects to undertake to sell your home. If done correctly, the bathroom can give your home a better return on investment.
If you refresh your bathroom without doing a complete remodel, you can get a higher return on your investment. The reason is that a bathroom refresh should not cost as much as a remodel but will also allow you to offer a bathroom that will look updated and more modern. Read on as we explore the bathroom fresh and remodeled and their approximate return on investments.
Table of Contents
- Preparing To Sell Your Home: Bath Refresh Vs. Remodel ROI
- Bath Refresh Vs. Remodel: What’s The Difference?
- References On Our Return On Investments Data
- Related Question
Preparing To Sell Your Home: Bath Refresh Vs. Remodel ROI
An enticing bathroom is often at the top of potential homebuyers’ wish lists. But should you go all out with a complete remodel, or can you refresh the space and boost your home’s value?
Here’s a look into the dynamics of bathroom updates and the ROI for each.
Why The Bathroom Matters
As the room where we begin and end our days, the bathroom holds a unique place in the house. For many, it’s a valuable space and a personal oasis. So, it’s no wonder potential buyers place significant importance on an updated bathroom.
Some of the reasons include:
- Aesthetic Appeal: A modern, clean bathroom is a pleasure to see and can set the tone for the rest of the home.
- Functionality: People want a bathroom where everything works seamlessly, from the plumbing to the fixtures.
- Comfort and Relaxation: With the rise of spa-like bathrooms, many homebuyers seek a space to unwind and destress.
- Hygiene and Cleanliness: Older bathrooms sometimes hint at hidden problems like mold or leaks. An updated bathroom generally gives the impression of a well-maintained home.
Bath Refresh Vs. Remodel: What’s The Difference?
Even though a bath refresh and bath remodel may seem about the same, each has some differences. Read on as we explore the difference between a bath refresh and a remodel.
Bath Refresh:
A bath refresh is akin to giving your bathroom a mini-makeover. This often includes superficial changes such as painting the walls, updating fixtures, adding new mirrors, or replacing a vanity.
These tweaks can significantly impact the overall look and feel of the bathroom without undergoing massive structural changes.
Bathroom Remodel:
On the other hand, a bathroom remodel is a more profound, more involved process. This might involve moving plumbing, adding or removing walls, changing the layout, and updating all fixtures and finishes.
A remodel aims to transform the space entirely.
ROI Analysis Of A Bathroom Refresh Vs. Remodel Explored
When selling a home, an inviting bathroom can significantly impact a buyer’s decision. But there’s a distinction to be made between a bathroom refresh and a remodel, especially when examining their return on investments (ROI).
Notably, a bathroom refresh boasts a higher ROI than a complete remodel. Here’s a comprehensive guide to understanding the benefits and potential returns for each
1.) Bathroom Refresh – 256% ROI
Investing in a bathroom refresh can provide a staggering return on investment. Since a refresh mainly deals with surface updates, the costs are comparatively lower. Homeowners can drastically change the bathroom’s look by updating fixtures, paint, and tiles.
The resulting modern, clean aesthetic appeals to potential buyers, making them more willing to offer a higher price for the house.
Buyers recognize the value of an updated bathroom but also appreciate not having to undertake any heavy renovations themselves. Thus, they often pay more for a home with a refreshed bathroom.
2.) Bathroom Remodel – 120% ROI
A bathroom remodel, while offering a respectable ROI, tends to be lower than a simple refresh. This is because remodels are more expensive, involving materials and labor costs.
However, a well-executed bathroom remodel can transform the space and appeal to a different category of buyers searching for a luxurious, entirely revamped bathroom experience.
One of the primary reasons a remodel has a lower ROI compared to a refresh is the increased expense. Extensive renovations like moving plumbing, changing layouts, or incorporating luxury elements can add up quickly.
While these changes can significantly raise the home’s value, they might not provide the same percentage return as a lower-cost bathroom refresh.
Both bathroom refreshes and remodels have their merits, but the decision should be tailored to the house, the target buyer, and the budget. For homeowners looking for a cost-effective way to raise their home’s value and appeal to a broad range of potential buyers, a bathroom refresh might be the way to go.
Those looking for a transformative update, targeting a more luxury-driven buyer, might opt for a complete remodel. In either case, updating the bathroom is a wise investment for those preparing to sell their home.
References On Our Return On Investments Data
Our ROI data is sourced from Curbio, the premier home improvement concierge in the nation. Curbio excels at expediting home sales and boosting their value. They offer an impeccable service, allowing sellers to enhance their homes and defer payment until sale.
With no upfront costs and zero interest, homeowners can easily undertake minor upgrades to optimize their selling price, benefiting both real estate agents and brokerages.
They don’t set bounds on project scales, and, with their seasoned Project Managers and certified contractors, they handle tasks from simple fixes to comprehensive remodels, ensuring homeowners surpass their sales aspirations.
To learn more about Curbio, you can find out more by clicking here.
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