Most commonly, when a homeowner considers home renovations, it is generally for one or both of the “standard” reasons – they want to enjoy the space more (better suited for their needs or to make the space more efficient), and they want to add more value to their property. However, not all renovations are considered equal in the value they add, some renovations may not add as much value as one might expect. What most people do not realise is that Bathroom Renovations are not only usually the first renovation a homeowner does, Bathroom Renovations add the most value to your property per square foot.
Any homeowner should sit down and realistically think about the initial cost and the expected return rate on any project before starting. Rarely, if ever, does one get a full 100% return on improvement investments. Often the improvements that get the most return are upgrading garage doors, and roof or siding upgrades on the exterior of the home, while bathroom and kitchen upgrades get the most return on the interior.
We will focus specifically on Bathroom Renovations, since, no matter your lifestyle, the bathroom is a crucial element to any home, and often the first to break down or show signs of wear.
For any renovation that involves plumbing, you should always call a professional to do the work. Not only are you assured the work will be done correctly, but you are also covered if something were to go wrong. By calling a professional, you will spend more initially, but the expert quality of the work will prove to be worth the extra money.
Here are a few renovations that can help upgrade your bathroom on any budget:
1. Fresh Paint
The simplest -and cheapest- bathroom renovation is a new coat of paint. Not only will it update the entire look of the bathroom, but it can also prevent mould, mildew, and other types of water damage. (However, if there is water damage, you will want to address the cause of it, not just the side effects.)
2. New Plumbing Fixtures
Fixtures break down over time because of constant use, they can also be less efficient, outdated, and make the room look smaller or less inviting. Since everyone will spend a lot of time in the bathroom on a daily basis, the bathroom should be comfortable and work properly for one’s needs. A new faucet or showerhead may be in order for smaller fixes, or upgrading the toilet or vanity may be considered for larger renovations. Often, people choose to get rid of old plastic bathtub/shower surrounds and choose to go with tile showers or stand-alone bathtubs.
3. Flooring
For a bigger renovation, updating flooring is generally a good idea. Floors can break down over time because of the moisture and humidity in a bathroom, and any flooring upgrades automatically add value to the home. Exchanging old vinyl or laminate flooring for tile or other materials will drastically change any bathroom space and make it feel completely different.