Are you wondering when to invest in a bathroom addition? This information, from us here at Wholesale Home Improvements in Denver, can help you decide. Bathrooms are an expensive investment, and in some cases they don’t add much resale value, ruining your return on investment. Here we’ll look at a few situations when it makes sense to add another bathroom to your home.
Home Prices Are On the Rise
Take a look at the pricing trend for homes in your neighborhood. If prices are increasing steadily, that new bathroom could improve your resale value by enough to make it worth it. If prices are stagnant, or if your house isn’t particularly charming to begin with, a brand new bathroom addition isn’t going to make much difference.
You Only Have One Bathroom
Having more than one bathroom is a huge selling point for buyers. Many buyers will not even look at a house that has only one bathroom. If you have a family and only one bathroom, you know exactly why.
Your bedroom to bathroom ratio is also essential. Buyers tend to prefer houses that have about the same number of bathrooms as bedrooms. Therefore, a three-bedroom house with only one bathroom is a situation where you should invest in a bathroom addition to attract buyers down the road.
Also, pay attention to your shower and tub count. The most versatile option is to have one of each. Families with young children will be looking for a tub to bathe the kids easily. Older folks, on the other hand, appreciate showers that are easier to get in and out of than slippery tubs.
Don’t Waste Your Time with a Half-Bath
If you do decide to go to all the work and effort to add a new bathroom, don’t bother with a half-bath. Build at least a three-quarter bath with a shower stall. The reason? You’ll get a better ROI. In general, a half bath offers a 10.5% increase in your home’s value. A full bath adds a more generous 20%.
It’s Worth It
You won’t hear families complaining about their new bathrooms after a remodel. You’ll never hear someone say they want to go back to sharing a bathroom. If you plan to live in your home for several years, the ROI when you invest in a bathroom addition might be your personal satisfaction. Sometimes it is simply worth it to make improvements to your home, regardless of the financial side.
We hope these ideas about when to invest in a bathroom addition have been helpful. Of course, if you have any questions or concerns feel free to talk to one of our friendly representatives here at Wholesale Home Improvements. We’ll help you design and install the perfect bathroom for your home. And we can help you do it without breaking the bank. We provide quality products at low prices so you can make your house the way you want it. Give us a call today and let’s get started.