4 Ways To Get a Higher Return on Investment Bathroom Remodeling
Ask an unscrupulous contractor how often you need to upgrade your bathroom and they'll likely tell you every 10 years at the absolute most. In reality, any legitimate bathroom remodeling company will tell you most homeowners go 20 years before fixing up a bathroom. Some people go much longer, but usually that's a terrible mistake.
Not only are bathrooms some of the most trafficked, well-used rooms in your home, but the constant moisture will eventually lead to mold, broken fixtures, and overall breakdown of important components. Many people have bathrooms that are more than 25 or even 30 years old, meaning the room is living on borrowed time.
If you're looking for a little extra incentive to renovate your home, remember that expert contractors believe a bathroom remodel brings a return on investment of 62% on average, higher than any other room in your home. Hire the best bathroom remodeling company and your ROI could be even higher. But how do you maximize your ROI? And what's the best way to boost your home's value when redesigning a room? Just as importantly, how do you redesign a bathroom so it better meets your needs?
The Keys To Higher ROI When Working With Bathroom Remodelers…
- Modern, Energy Efficient Fixtures: If you live in an older home, then you probably rely on faucets, shower heads, and toilets that are decades old. These water fixtures were designed before bathroom contractors put a premium on energy efficiency. New faucets, toilets, and even lights can save water and energy. Not only are they attractive features, but they can cut utility bills as well.
- Modern Living: Contemporary luxury bathrooms are basically in-home spas, with an incredible number of modern features to choose from. Although you don't want to go overboard, a master bathroom is an ideal place for luxury additions like stand-up bathtubs, steam features, smart toilets, small flatscreen TVs, double sinks, and whatever else your heart desires.
- Form and Function: Once you've settled on the fixtures and luxury features you require, consider the overall design of the bathroom. Too many people focus entirely on the design above all else, which is a mistake, while others treat it like an afterthought. Hire a company that will listen to your design ideas for bathroom remodeling, as well as provide a plethora of exotic, classic, and contemporary tiles, appliances, stonework, fabrics, and designs for you to choose.
- Set a Firm Budget: Bathroom remodeling can yield a very high ROI, but the process can also flush away your money. Before you begin, settle on a fixed budget for the job. Find a bathroom remodeling company who can provide a quote within your budget, then insist on a contract that ensures you don't go recklessly past your spending limit. Without financial planning, your design project could be a major economic blunder and time sink.
With the right planning, vision, budget, and designers, there's no reason bathroom remodel designs can't increase your home's value. So if you're tired of using the same, damp old bathroom every day, then it's time to invest in your home's future.