This is a tough question because the answer isn’t always a simple yes or no. However, our home remodeling experts can help!
Do you renovate the bathroom before you sell, or just put it up on the market as is? That is a tough question because the answer isn’t always a simple yes or no. There are several things you need to consider before making the right call. So how do you know if you need to put the time and money into a bathroom remodel before putting your house up on the market?
What Does the Bathroom Currently Look Like?
There are a few things to consider as to the current state of the bathroom. It may only require a few minor improvements if upgraded recently and will likely be worth the investment.
However, if the bathroom needs a lot of work, you may want to list the house as-is. Otherwise, you might spend more time and money on the bathroom that you can ask for in added value.
Also, potential buyers may prefer to upgrade the bathroom to meet their personal specifications and style. You don’t want to upgrade the bathroom only to find that buyers don’t like how it looks.
How Much Will it Increase Your Home’s Value?
Another difficult task when assessing the worthiness of a bathroom remodel is the anticipated ROI (return on investment). You want to ensure that the amount of money you invest will result in a higher sale price that matches the upgrade cost.
So, for example, if you spend $9,000 for the bathroom remodel, the sale price of your house should increase in value by $9,000 or more. Figures will depend on the status of the current housing market. A negative ROI on your bathroom might be necessary if you’re dealing with a weak housing market. However, if the housing market is strong, the demand for your property might outweigh the availability of listed homes, and a complete bathroom upgrade might not be necessary.
Consider Making Smaller Improvements
When it comes to upgrading your bathroom before you sell, sometimes less is more. It may be wise to make smaller bathroom improvements. Having the tile regrouted or new faucets installed for the shower and sink. While these improvements may not increase the value of your home, they may make your home more appealing.
How AAA Remodeling Can Help!
For more than 50 years, we have helped St. Louis homeowners with their bathroom remodeling projects. We offer expert advice and design solutions to make your decision easier. With quality craftsmanship and components, a bathroom remodel can have a 90% return on investment. Call our bathroom remodeling specialists today to get your free estimate and discuss remodeling ideas that fit into your budget.