If you have an inkling to do some small bathroom remodeling, you might be wondering if that project is a wise investment. You probably have an enormous amount of wonderful small bathroom remodeling ideas bouncing around in your head, but they have to make financial sense too.
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Kitchen and bath remodeling are likely fun to imagine, then you also need to think about the realities of improving the value of your home. The truth of the matter is that not only do remodeling ideas for small bathrooms make your life better, but they also make your house worth more money.
For this article, our experts will share the ways that small bathroom remodeling designs are a valuable investment. After reading this, you will have all of the knowledge you need to make your bathroom remodeling ideas for small bathrooms a reality.
Remodeling Small Bathroom
You could be envisioning all the ways that your small bathroom could be better, and you also want that to increase the value of your home. With the right techniques, you can get the best of both worlds.
Many homebuyers today want to purchase a home with a functional and beautiful bathroom, even if it’s a small bathroom. If you can make your small bathroom remodel appealing to those types of people, you are going to see excellent results. If you want to start from scratch, you can always hire bathroom remodeling services to make your vision come to life.
There’s also the value in having your small bathroom transformed into a space that reflects your personality. You can enjoy your small bathroom for years after remodeling, and your dollar paid per year goes down and down to the point that it’s silly to doubt that small bathroom remodeling is a sound investment.
Remodeling Small Master Bathroom Ideas
Just because your home features a small master bathroom, doesn’t mean it can’t add some serious value. With a thoughtful and precise small bathroom renovation design, your small master bathroom can become glorious, and more appealing to homebuyers.
You want to try to make your small master bathroom seem more prominent when you remodel it. One great way to do that is to choose a white color that reflects more light and makes the bathroom brighter.
If you can find ways to make your small master bathroom just as functional and comfortable as a bigger one, you can raise the value of your home. Homebuyers look for master bathrooms that they will love using daily, so you need to appeal to the needs of everyone.
What Is The Return On Investment For Small Bathroom Remodeling?
When you talk about spending thousands or tens of thousands of dollars, you probably want to make sure you can have a nice return on that money. If you have enough bathroom renovation budget, you can surely achieve a decent outcome for that. With small bathroom remodeling, you can expect a good return on investment that could make the project worth while in this market.
You most likely want to know some hard numbers on small bathroom remodels and return on investment. The return on investments you can expect, depending on the type of remodeling you do are as follows:
- Basic Small Bathroom Remodel Return On Investment = 60-80 percent
- Mid-Level Small Bathroom Remodeling Return On Investment = 50-70 percent
- High-End Small Bathroom Remodeling Return On Investment = 40-60 percent
These numbers tell you that you get a higher dollar return on simple small bathroom remodels. On the flip side, you could feel more satisfied with a luxury small bathroom remodel, but the dollar return on investment won’t be as high.
How Much Should I Spend On My Small Bathroom Remodeling Project?
The amount you should spend on your bathroom remodel depends on how much you can afford and how you plan to use the bathroom. One of the first questions you need to ask yourself is if you plan to own your home and use your bathroom, or if you would like to sell your home in the near future.
If you plan to do small bathroom remodeling to improve the comfort of your home, you will be happier spending more on a luxurious bathroom remodel. You want to add personal touches to your own bathroom that will help you enjoy the space for decades. There are trendy bathroom renovation ideas you can count on to.
In case you want to sell your house sooner, a simple and low-cost bathroom remodel is your best option. More homebuyers will be able to imagine themselves in a basic bathroom than in a luxury bathroom and will be more likely to make an offer on your home.
How Much Does Small Bathroom Remodeling Cost?
A basic bathroom remodels can be completed for around $4,000 to $8,000. This would include low-cost bathroom fixtures that can make a bathroom functional, but not exceptional.
A mid-level small bathroom remodel can cost anywhere from $5,000 to $12,000 in the end. These types of bathrooms include more comfort features such as semi-custom bathroom cabinets and glass shower enclosures.
A high-end small bathroom remodeling project can cost from $8,000 up to $20,000. You can have everything you want to make a luxury small bathroom at these prices.
Is A DIY Small Bathroom Remodel A Good Investment?
If you have the skills and own the tools to do your own small bathroom remodeling, that can increase your return on investment by up to 60 percent. Labor costs are skyrocketing these days, and therefore you can save a big chunk of change doing the work yourself.
Be warned, bathroom remodeling is no easy project for beginners and mistakes can be costly. Novices can quickly get in over their head and end up blowing through their budget fast.
Trusting professionals to do your small bathroom remodeling project is the smart choice. It may be tempting to boost your returns by DIYing your small bathroom, but it is a gamble that sometimes doesn’t work out.
Should I Make My Small Bathroom Bigger?
This is another point where you should ask what you are willing to invest in your project. Expanding your bathroom is costly, and it could be out of many budgets.
It’s probably not worth it to make a bathroom bigger if you want to sell your house in the short term. Let the new buyer decide if a bigger bathroom is necessary.
On the other hand, if you can’t live with your small bathroom, doing an expansion is a worthwhile endeavor. You should be happy in your home, and having a bigger bathroom is one way you can get the full benefit of being a homeowner.
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