Whether you’re planning to sell your home or simply want to give your bathroom a fresh look, a bathroom renovation can help add value to your property. The most popular renovations have been reported to increase resale value by as much as 70%.
Remodeling a bathroom can be a daunting task. While there are some low-risk projects you can do on your own, larger renovations are best left to professionals. If you’re planning a major overhaul, make sure you book your contractor well in advance. Having a project done right the first time can save you from costly mistakes down the road.
You can start by deciding what you want to do. For example, a new floor can completely change the feel and utility of your bathroom. Vinyl flooring is a cheap and durable option that will last for years. Also, consider changing out your fixtures for a water-saving design. Choosing low-flow showerheads and toilets will lower your water bill.
To make the most of your budget, consider buying materials in bulk. Buying them during holiday sales will also help you save. Some big-box stores offer custom interior boxes that can be a good value. Likewise, painting is a low-cost option for those with a little DIY experience. Painter’s tape can streamline the look.
Bathrooms are highly susceptible to water damage. Even minor leaks can quickly become expensive problems if you don’t properly seal the pipes. However, repairing a clogged drain will prevent a major disaster. A new coat of paint can hide the signs of water damage. Keeping the bathroom cool can also reduce the risk of mold and mildew. Using Energy Star approved ventilation fans will help you deal with moisture issues.
Purchasing energy efficient items can help you increase your resale value and reduce your carbon footprint. Investing in LED lights, energy-efficient appliances and appliances with Bathroom Renovations Toronto energy-saving features will help you save money on utilities. This is one of the most important things you can do to increase the resale value of your home.
Another great way to boost the value of your bathroom is to improve its energy efficiency. Using energy-efficient appliances and fixtures is a smart move, especially in areas with a high cost of living. In fact, the National Association of Realtors reports that bathrooms with energy-efficient appliances and lighting can increase resale value by as high as 10 percent.
Despite the complexities involved, bathroom renovations can be rewarding and cost-effective. It’s a good idea to focus on the most valuable upgrades, such as a modern shower or toilet, before diving into a full-scale remodel. Luckily, most home renovators don’t regret their decision.
Before you begin your bathroom remodeling project, check out the latest remodeling trends. As building codes and weather conditions continue to change, renovating your home may be more expensive than you had originally thought. On the other hand, you may be able to save on the cost of the work by hiring subcontractors and scheduling your project during the off-season.
