Will a Bath Remodel Increase My Home’s Value?

Bathroom RemodelSpring is just around the corner and the lure of a new home has you thinking about putting yours on the market. Your neighbor added a new bathroom last year and you’re wondering if you should upgrade yours before you sell. Logically, a new bathroom should increase the value of your home, right?

From 2006 through 2012, the return on a bathroom remodel investment averaged around 62%, according to the cost vs. value report prepared by Remodeling magazine while a bathroom addition garnered only 51%. Beginning in 2013, however, those numbers began trending up, so a bathroom remodel in 2014 is hovering near 72% and an addition is at 60% ROI. Even so, you will be spending more money than you can expect in return. That being said, there are great reasons to go ahead with a remodel, and your professional real estate agent can help you decide if it is a good investment for you.

One reason is that if several similar homes are on the market in your neighborhood, an upgraded bath may help yours sell more quickly. After all, when comparing side by side, who doesn’t want a clean, fresh bath? Busy buyers looking to move in quickly won’t want to do the upgrade themselves. Another reason to consider updating your bath is to attract a different type of buyer. Flippers, investors and DIY-homeowners will want the bones of the house to be in great shape, but will probably offer a lower price because they plan to make upgrades and changes themselves. Qualified buyers that want move-in ready conditions will appreciate not having to worry about upgrading, remodeling or renovating.

If you and your professional real estate agent determine that a bath upgrade will improve your sale, be sure to do it right. Do not attempt a DIY project you’ve never done before just to save a few bucks. Poorly installed flooring may cost you a sale. Remember, some changes do have more appeal than others. For instance, if you only have one bath, consider putting in a double sink. Couples, families and even roommates appreciate multiple sinks when trying to get out the door in the morning. Even a small bath can accommodate a double sink with the right choice. A new eco-friendly toilet is a nice touch too. Simple changes and give your bath a fresh look without a lot of expense. Consider fresh paint, a new rain-style showerhead, new classy but neutral shower curtain, updated faucets, or a new toilet. Don’t skimp on lighting. According to Alicia Garceau at HGTV, a bathroom remodel should include task lighting for applying makeup or shaving, ambient lighting—that bounces off walls—to soften shadows, accent lighting to give depth and dimension, and decorative lighting to add luxury or play up an architectural feature.

Contact us and we’ll help you determine your home’s value and how to prepare it to sell.

Aaron Zapata is the broker-owner of Zapata Realty, Inc. located in Yorba Linda, CA. He has been a licensed broker for over a decade. His growing practice includes residential and apartment sales in Southern California.

Aaron holds a degree in Biblical and Theological studies from BIOLA University and a Masters of Business Administration (MBA) from Cal State Fullerton.  He has been quoted by the Los Angeles Times, Orange County Register, and the Associated Press and is an author and speaker. He is also maintains designations and memberships with nearly a dozen organizations aimed at raising the standards and ethics in the real estate industry.  He gives each client his focused attention with the simple purpose of doing what is best for them. Nearly all of his business comes from referrals from his satisfied clients helping him to stay in the top 1% nationwide.

Aaron lives in Yorba Linda with his wife Dawn. They have been married for 18 years and have two boys and a Beagle named Sadie.  He is an active member of Friends Church in Yorba Linda as a Board Member, and the Chamber of Commerce where he serves as the Chamber’s Network Connection President.  In the summer of 2013 he travelled to India with his oldest son to care for and educate the poorest of the poor.

Aaron Zapata
Aaron@ZapataRealty.com
714-660-2122  x 1001 Office
@AtoZRE (Twitter)
facebook.com/AtoZRealEstate  (Facebook)
instagram.com/AtoZRealEstate (Instagram)
youtube.com/AtoZRealEstate (YouTube)

Join The Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Compare listings

Compare
Call Now ButtonCall Aaron Zapata