When we’re working with Smithtown, NY homeowners, one of the most common questions we hear is, “Will a bathroom remodel increase my home value?” While there are several factors that determine how a project impacts your home value, generally speaking, the answer is yes.
Will a Bathroom Remodel Increase My Home’s Value?
According to the 2023 Cost vs Value report, here in the Smithtown, NY area, yes, a bathroom remodel can add value to your home. However, the amount of value it adds largely depends on the updates you do.
Here’s a closer look at how much added resale value you can expect, on average, for different bathroom projects:
- Mid-range bathroom remodel: $14,746
- Universal design bathroom remodel: $17,551
- Upscale bathroom remodel: $24,971
While a mid-range bathroom remodel has the smallest amount of added resale value, keep in mind that it’s generally the least expensive project, so the return on investment is actually the highest.
Bathroom Upgrades That Add the Most Value to Your Smithtown, NY Home
Largely considered the most important room in your home when it comes to prospective buyers, making sure your bathroom is in good shape is essential if you’re planning to sell in the near future.
But, if improving your home value is your main goal, the key to success is to focus on the most important upgrades first. Let’s explore some of the highest-value upgrades you can do to your bathroom.
First things first, you’ll want to focus on making functional changes rather than aesthetic ones. For example, if there are any plumbing issues like leaks, fixing those should be your top priority. After all, it doesn’t matter how pretty your bathroom looks if there are serious issues lurking beneath the surface.
If you plan to sell your house, you should have at least one bathtub in it. When choosing the right one for the space, we recommend choosing a high-quality acrylic material that is durable and easy to keep clean. Here at Bathroom Buddy Remodeling, we proudly install Jacuzzi® acrylic tubs that are available in a wide variety of styles and colors.
Another high-value bathroom remodeling project to consider is installing a new shower. These days, prospective buyers are looking for a modern shower area that is easy to maintain and has built-in storage options. Our Jacuzzi® showers fit the bill! They come in a number of color and pattern combinations so you can create a stylish space for a price that fits your budget.
Take a look around your bathroom, focusing on the floor. If it’s tile, the grout may be looking dirty or dingy after years of use. By replacing your flooring, you can give your home an instant boost in value. Remember to choose a durable, easy-to-clean material in a neutral color that will appeal to most buyers.
Another way to improve your home’s value is to create functional storage options around the space. We recommend putting small storage shelves in your tub or shower area as well as a vanity with plenty of storage space underneath.
Bathroom Remodeling Mistakes to Avoid
Unfortunately, not all bathroom remodels will improve your home’s overall value. Here are a few things to avoid when you’re renovating your space:
- Stay away from overly trendy colors and finishes. While they may look great now, they can start to look dated over time, leading to a lower home value.
- Don’t invest too much in high-end materials. Prospective buyers won’t always want to pay top dollar for high-end materials like marble. Remember that just because something is more expensive doesn’t always mean it will add more value.
- Don’t create a bathroom that clashes with the rest of your home. Yes, a beautiful, modern bathroom may look great, but if the rest of your home is a more traditional style, the updated bathroom could look out of place and appeal to fewer buyers.
Schedule Your Smithtown, NY Bathroom Remodeling Project
Now that you know the answer to the question, “Will a bathroom remodel increase my home’s value?” it’s time to get your project on the books! Our team provides value-boosting bathroom renovations throughout Smithtown, NY, and surrounding areas and we’d love to work on your home next.