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How an Excellent Bathroom Design Can Increase a Property's Market Value

Written by Posted On Wednesday, 08 August 2018 07:18
How an Excellent Bathroom Design Can Increase a Property's Market Value

As a property agent who’s been in the industry for years, I’ve come across a number of homeowners who always ask me how they can sell their homes faster. Unfortunately, most of them are just too focused on selling their property without even considering how well their homes will fare in the market.

Frankly speaking, if you want to sell your home faster and at a reasonable value, you need to put some investments into it in the form of home renovations and improvements. If you want to increase the market value of your property, you need to enhance its overall aesthetics, and one of them comes in the form of an excellent bathroom design.

How can your bathroom affect your home’s market value?

It might sound surprising, but the bathroom is actually the second most important part of a property when it comes to valuation. In fact, by simply adding a three-piece bathroom to your house, you can experience a significant increase in your property’s market value.

According to the data by the Appraisal Institute of Canada, a good bathroom design is one of the most popular renovation projects with a recovery rate of 75%. This simply means that by spending $10,000 on a well-designed bathroom, you can increase the overall value of your property by $7,500.

Nowadays, most homeowners look for properties that come with an extra number of bathrooms. However, it’s not just all about quantity – it’s also about quality. A newly installed bathroom is extremely appealing to buyers, but you can always renovate old ones and make sure that they are well done.

The reason is due to the convenience and privacy it offers. No one wants to take a bath in a bathroom that doesn’t come with the functionalities one would look for in a typical setting. Additionally, as most individuals nowadays put emphasis on appearance, getting into an aesthetically unappealing bathroom might be rather inconvenient and off-putting.

A good-looking bathroom space should offer the necessary functionality and be aesthetically appealing at the same time. Tiny repairs such as replacing the tile gout or repainting the walls actually go a long way. You should also repair tiny chips in your bathtub or clean out the exhaust fan. In some cases, you can try replacing your old light fixtures with energy-efficient options.

What features do you need to create a well-designed bathroom?

bathroom design remodelling

Your bathroom’s appearance can actually have a significant impact on your property’s market value. While most homeowners just tend to paint the walls with white paint, it may often be considered as boring. Nowadays, softer colors are more preferred as they give off a relaxing vibe. Also, certain features like a power shower or a heated towel rail can be really appealing to buyers.

According to a report by Showers to You, there are 8 key bathroom features that add the most market value to a property. Needless to say, these are the features which you should add in your bathroom design to make it more appealing.

Quality wall and floor tiles with good grouting

Electric or power shower

Well sized fixtures

Heated towel rack

Sufficient lighting

Light color paint for ceiling/walls

Spacious cabinets

Underfloor heating

How to create a well-designed bathroom

A well-designed bathroom doesn’t just enhance a property’s market value, it also makes everyday living a lot more comfortable. In order to have a good-looking bathroom, here are some of the things you want to consider:

1. Faucets and fixtures

A leaky bathroom faucet can be a huge turn-off to a potential buyer. However, new and properly sealed faucets and fixtures can increase your bathroom’s overall value. You might want to consider brushed nickel finishes as they’re widely popular in the market and matches perfectly with slate-colored tiles.

Also, the better quality the cabinets where your fixtures sit on, the more likely that your property will get sold quickly.

2. Matching color schemes

Deciding on the right color scheme for your bathroom is a bit daunting, especially since there are endless possibilities out there. But I have one tip for you: apply neutral colors on your bathroom’s fixtures and surfaces. Doing so will allow you to add some highlights and visual interest along with various bathroom accessories like towels, curtains, and rugs. Also, you can easily change things whenever you want to.

3. Proper lighting

Proper lighting enhances the appearance of your bathroom way more than you’d think. By installing mirrors, light fixtures, and windows, you can give your bathroom a bright and warm atmosphere.

Among the most popular options are task lights or sconce hanging on the ceiling or walls due to their variety and the fact that they don’t take up too much space. Whenever possible, try adding a window to your bathroom to further improve overall lighting and ventilation.

4. Shower heads

The right choice of a shower head can be a huge improvement on your bathroom. Nowadays, there are tons of shower heads to choose from, each of them featuring various settings and features to provide you with a comfortable and enjoy luxurious shower experience. For instance, you can find a shower head that comes with six different settings or one that features gorgeous LED lights.

5. Ample storage

A well-designed bathroom fully maximizes awkward spaces with customized cabinets and compartments. Typically, a good bathroom will have plenty of storage space where you can store your bathroom essentials without introducing too much clutter. When planning for a bathroom renovation, you should consider both vertical and horizontal spaces. Both custom-made cabinets and drawers work best on tight and limited spaces.

6. Enough space

If you have limited space, the renovations you can make will be limited as well. If you want to modernize a traditional bathroom, you might be forced to make some adjustments. One example is removing your bathtub and replace it with a shower for more space.

Additionally, if your budget is likewise limited, it’s ideal to work with space you already have.

7. Proper ventilation

While an exhaust fan on your bathroom may not sound glamorous, it’s actually an essential addition. It helps to stunt the growth of mold, control humidity, and maintain good air quality. Aside from that, it also helps your cabinets and drawers last longer by preventing moisture damage.

A bathroom renovation significantly increases your home’s market value, thereby making it one of the most worthwhile investments if you plan to sell your property. Before you even get started, make sure you get in touch with an experienced contractor.

Just keep in mind that a poorly designed bathroom could greatly impact your property’s valuation, not to mention it can lead to major damage and serious repairs in the future. To avoid that, make sure you do it right along with the right contractors.

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Samantha Gibbs

I am an Architect by profession but my passion is for helping people in all aspects of Home Decoration Ideas by my blogs. Besides, I am the proud mom of 3 beautiful children. I love to write about anything related Rooms, DIY, Decoration and Ideas about Home Outdoor Living areas.

 

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