Although renovations in general can boost the value of your home, bathrooms in particular are a great investment that can really add some value and give people extra incentive to purchase your home. Our experts at JJ’s Plumbing explore the benefits of bathroom renovations in our blog below.
On average, bathroom renovations yield a 62% return rate, but you’re going to need to put in the work. If you only put minimal effort into your renovations, you’re not going to be able to get this generous of a return. Our staff can conduct comprehensive renovations for your bathroom that will get you an optimal return on your investment and boost your home’s value to make it competitive in the real estate market.
Projects that are in the mid-range of the price spectrum will net you the best returns – the higher-end projects that aim for the more luxurious accessories such as fog-free mirrors and towel warmers will definitely add some appeal to your home but they’ll take away from your profit in the long run.
When it comes to the specifics of your renovations, there are certain characteristics that are particularly appealing to potential buyers. For example, focus on neutral colors, as they will last longer and give more opportunity for personalization with accessories. It’s also a good idea to look at homes in your area and note the common characteristics in their bathrooms. Ask yourself questions such as: How many bathrooms is the norm? Is a full bath or a half bath necessary?
If you need a team of contractors that can perform proper bathroom renovations and boost your home’s value, our team at JJ’s Plumbing can help. Give us a call today at 1-604-479-2232 for a free quote.