Now that you have decided to put your home up for
sale, you want to make sure you get the best return you can on your investment.
Often, one of the best ways to do this is to renovate. The two rooms most
likely to add value to your home are the bathroom and kitchen as they are used
most frequently. If you have to choose between the two, usually the bathroom is
the best option.
This article will explore the factors to take into
consideration when giving your bathroom a revamp:
Market
Do your research and take into account the value
of your home in relation to others on the market in your neighbourhood. If at
all possible, take a look around inside, especially at their bathroom and ask
yourself how does yours compare? Also, compare houses and see what makes one
house worth more than the other? Perhaps one has a recently reconditioned
bathroom, whereas the other doesn’t?
Budget
Bathrooms will often require structural as well as
cosmetic improvements. Thoroughly inspect the condition of all plumbing,
surfaces and fittings. Prioritise things like rising damp, leaks and broken
tiles. Then decide if you have the ability to do the work yourself or hire a
professional. Remember to keep your bathroom renovation costs in line with the
overall value of the house.
Quality
Avoid poor workmanship and cheap products. You are
better to do less and make it top quality than do more and have it look
substandard. It will give prospective buyers a lower opinion of your home and
make them less inclined to buy it. Even if you are on a very tight budget you
can at least add quality taps, showerheads and possibly replace the shower door
or toilet seat.
Size
Take into account the size of the bathroom compared
to the size of the house. If your bathroom is currently quite small, consider a
home extension. As this will increase the house size, it will also help to
increase the resale value. You could also reduce the size of adjoining rooms
but only if this doesn’t greatly affect their function.
Functionality
Bathrooms need to be practical and to make
efficient use of the available space. Everything needs to be accessible. Simply
replacing the cabinetry with better storage and shelving options can make a big
difference to how buyers perceive the room. Adding more natural light by
changing the windows or adding a skylight could have a very positive effect on
the sale value but check that the cost doesn’t eat up all your profit.
Style and Taste
The general tone and style of the bathroom should be
relatively consistent with the rest of the house. Add interest by using feature
tiles, alcoves or shelves for plants or use creative splashes of colour.
Overall, a bathroom revamp could be the biggest
factor in putting more money in your pocket when you sell. However if you are
going to do it, be sure to do it well.
No comments:
Post a Comment