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Should I Update My Bathroom Before Selling

By Real Estate Team 0 Comment December 10, 2019

When it comes to selling a home, bathrooms can make or break a deal. So, should I update my bathroom before selling? Well, there are plenty of factors to consider. For instance, you need to bear in mind that bathroom updates won’t necessarily recoup your investment at resale, but they’re one of the higher return projects you can do.

Should I Update My Bathroom Before Selling

Are you planning to sell your home? Are you looking for homes to buy? Before you officially move on, you must consider some renovations before selling your home. In this post, we’ll discuss whether updating your bathroom before selling your home is a viable option. We’ll also consider the factors to consider when deciding to upgrade or not.

Should I Update My Bathroom Before Selling
Should I Update My Bathroom Before Selling

The Cost Factor

The cost of updating your bathroom will be based on several different things: how much you want to be changed, the materials and timeframe and who you use. The most critical factor to bear in mind though is that upscale remodels rarely bring the same high returns as low to mid-range ones. Consumer Reports recommends making simple improvements such as adding new toilets, installing new bathroom fixtures and re-caulking the tub over a full-blown remodel.

ROI For a Bathroom Remodel

Research has it that if a bathroom remodel is done properly, you can recoup about half of the cost you put into the project. The biggest factors to increase the value include modernizing features and creating a more functional space. 

The “Joy” Factor of Bathroom Remodeling

According to research findings, a new bathroom achieved the highest Joy Score of 10 and a remodeled one ranked closely at 9.6. Joy Scores show how satisfied or happy someone is with a project they’ve done in their home; a higher number translates to a higher satisfaction level.

Top Bathroom Updates with The Best ROI

 If you want to remodel your bathroom but don’t have the resources to break it down and start afresh, here are smaller projects that will give you the best ROI.

Vanity

Updating the vanity is one of the best projects to do for the biggest return – but it may be slightly more expensive than the others. Updating the vanity will typically also include the sink, faucet and countertops, which can eat into your budget. Most homebuyers are looking for granite countertops and vanities that hit a comfortable height so you want to pay close attention to the costs.

Flooring

Replacing the flooring will go a long way in giving your bathroom a new overall appearance. Affordable ceramic or porcelain style, or even vinyl, can be manufactured to resemble stone or classic wood but is still durable and completely waterproof to any level of moisture. For colder climate areas, you can attract buyers by adding radiant-heat mats under the bathroom flooring of your choice.

Tub/Shower

Should I Update My Bathroom Before Selling
Should I Update My Bathroom Before Selling

This is especially critical for a master bathroom. For instance, you can pull out the bathtub and install a larger, walk-in shower, which has become quite the trend. Soaking tubs are still a viable option if there’s space.

Bottom Line

Whether you are looking for a cheap home to buy or an expensive one, it is important to sell your current home for as much as possible. If you’re wondering “should I update my bathroom before selling?” The short answer is yes. If you want to sell your home fast, remodeling is the way to go. Although you’re not guaranteed to recoup all the money you spend on updating the bathroom at resale, buyers will be unable to resist a fresh, updated bathroom. 

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