How Much Value Would a New Bathroom Add to Your House?
The bathroom is one of the most important rooms buyers look at when choosing a new property. Therefore, it makes sense that improving the bathroom could add potential extra value onto the home.
The question is, how much value would a new bathroom add to your house? Below, you’ll discover everything you need to know before deciding whether or not to make the investment.
Can a new bathroom add value?
The simple answer here is yes it can. Studies have even been carried out to determine how much value an additional bathroom could add. It was determined the property value could be increased by as much as £12,000. This will depend upon the region and the size and style of the bathroom.
You’ll need to take into account the cost of creating the additional bathroom too. Compare different professionals to ensure you’re getting the cheapest and most reliable service.
Do you need a new bathroom?
Seeing how much value you could add onto the home by adding a new bathroom, you may be tempted to do it. However, it’s important to establish whether the property actually needs a new bathroom.
It is possible to have too many bathrooms in the property. Ideally, houses should feature 2-3 bathrooms, depending upon its size. Larger houses will obviously get away with more bathrooms. If the property already has enough bathrooms, adding a new one could decrease its value. This is because the space could have been used for something the new buyers actually need.
What features should you focus on?
Whether you choose to add another bathroom, or renovate an existing one, there are certain features you’ll want to focus on.
For example, the main features of the bathroom are the toilet, bath/shower and sink. These are the biggest features of the room so you’ll want to make sure you choose them wisely. You can purchase luxurious yet affordable baths from The Bathroom Showroom.
You’ll also want to make sure that plenty of natural light gets into the room. This creates a more spacious look for smaller rooms. Placing mirrors strategically can also add a more spacious feel.
Having an additional bathroom in the property can help to boost it’s value. However, this is only if the property doesn’t already have enough bathrooms. You’ll also need to make sure that the new bathrooms is furnished to a high standard. The above are just some of the things you need to consider before deciding whether an extra bathroom is right for you.
This article does not necessarily reflect the opinions of the editors or management of EconoTimes