You take great pride in how your home looks, regularly maintaining and cleaning your roof, air ducts, and landscape. But what about your bathroom? Did you know that there are many ways to update your bathroom that will also provide a great return on investment (ROI) without breaking the bank?
Full bathroom remodels can be expensive and time-consuming, and if your home only has one bathroom, it can also leave you and your family inconvenienced for many months. People tend to think that a complete remodel will get them the most money back when they sell their homes, however, a full remodel can cost an average of $26,000 and only recoup you around $23,000 at time of sale. That’s only a 93% ROI. This doesn’t seem like much of a return after all the work and stress you will have to put into a large-scale remodel.
5 Bathroom Remodel Projects
Here are 5 bathroom improvements you can do that are less expensive than a full remodel, take less time, and will increase your home’s value the most.
1. New Bathroom Accessories
If cost is preventing you from doing a full-scale remodel on your bathroom, don’t worry. You can still make your bathroom feel newer and increase its value by changing out your bathroom fixtures and accessories. Switch out your old sink faucet for a touch faucet, add updated knobs or drawer handles to your cabinets and doors, and put in a rain or detachable shower head. These small changes can make all the difference to how fresh and new your bathroom feels to not only yourself, but to potential buyers.
2. Bath Conversion
If your bathroom tub or shower is no longer serving your needs, the grout is grimy, or if your old tub is taking up too much space in a smaller bathroom, you can do an easy, cost-effective bath conversion to turn your tub into a shower. This process is quick, needing little installation time and even less clean up, leaving your bathroom with a new, mold and chip-resistant shower that is easy to step in and out of. You can also convert your shower into a tub. Choosing the right bath or shower for a space (not to mention a newer bath or shower with updated safety features and color palette) can increase a home’s value.
3. Custom Bathtub Surrounds
Sometimes your budget can limit you to changing only a few things. If your tub is looking good, without any chips, nicks, rust, or discoloration, but the walls or tile surrounding your tub is what’s making it look dated, there is no need to replace more than the wall to upgrade your bathroom and your home value. Installing new bathroom walls is simple, with one-day bathroom surrounds custom installation, you can have a new and polished wall around your tub, updating the overall look and feel of the room.
4. Walk in Tub
If you are looking to update your bathtub into a tub that is safer for people to get in and out of, a walk-in tub may be the perfect upgrade for you. It comes with slip-resistant floors, and an easy to open and close door that allows you to simply walk in and out. This tub is great for older people, people with disabilities, or children. This addition to a home provides great return on investment, providing safer bath experiences for all.
5. Bathtub and Shower Replacement
Doing a smaller bathroom remodel like a bathroom replacement (also known as a bathroom retrofit) doesn’t have to empty your bank account. In fact, doing a bathtub or shower replacement will cost you much less than a full bathroom remodel (which, on average, can cost upwards of $15,000) and give you just as high of an ROI, if not more, than a full remodel. A bathroom replacement uses your existing pieces in your bathroom and custom fits new models to fit snugly over them, to give your bathroom that much-needed face-lift without all the demolition, mess, and cleanup. If you retrofit everything in your bathroom, from your tub to your sink, it will cost around $10,000, and give you a 103% ROI. A retrofit saves you time, money, and gets your life back to normal in as little as one day!
Are You Interested in Updating Your Bathroom to Improve Your Home’s Value?
Contact Bath Planet of Madison. We offer beautifully crafted showers, bathtubs, and secure ADA-compliant products at amazing prices, so everyone can have a safe, clean, and beautiful bathroom. Our skilled, professional, and courteous staff look forward to working with you to offer a custom strategy to make your home improvement dreams come true on a realistic and affordable budget.
Get free in-home assessment, with no-obligation financing options available. Bath Planet of Madison is based in Monroe, WI and proudly provides services throughout the Tri-State area.