Bathroom renovations have regularly been shown to increase a property’s value and draw in the majority of buyers. With modern trends rapidly evolving, it’s essential that your property keeps up to standard to attract buyers nowadays. If you’re someone who hopes to receive a great return on investment or merely increase your property’s overall value, it may be time to consider a bathroom renovation.
How Much Value Do Bathroom Renovations Add to Your Property?
A bathroom renovation will increase your property’s resale value by 60–67%. This is especially true if your bathroom furniture is old, out-of-date, or damaged in some other manner. Midrange renovations recover 67.2% of their expenses upon resale, compared to premium renovations, which recover 60.2%.`
Why Bathroom Renovations Add Value to Your Property
Home and property owners are spending more on bathroom renovations each day. In fact, a survey found that when it comes to upgrades of home systems, bathrooms remain the most popular.
One of the most practical rooms in a house or property is the bathroom. Buyers’ perceptions of a property and their willingness to pay for it are greatly influenced by how well its various components perform their individual jobs and how appealing they are to the eye, especially the bathroom.
Health and sanitation depend on bathrooms. We spend a lot of time there because that is where we go to tend to many of our physical necessities. People anticipate that their bathrooms will be warm and welcoming and want the space to give them energy before work, comfort when using the restrooms at work, and aid in relaxation after work. Today’s buyers are also interested in modern aesthetics and are dissatisfied with antiquated features in a home, particularly in the bathroom. For this reason, if you want to raise the value of your property, you should consider bathroom renovations.
At Sawtell Bathrooms, we are dedicated to delivering nothing short of high-quality, exceptional-value bathroom renovations. Our experienced and skilled team focuses on both quality and value and can guarantee that we’ll take care of everything for you. Contact our team today to get your bathroom renovated with the best of the best.