The answer is quite simple, yes! Remodeling your bathroom offers a number of benefits, the most important being the added value to your home. In addition to the kitchen, the bathroom is the one room in the house that gets the most attention when it comes to used space, remodeling or home improvements.
If you have read any of the latest trends about remodeling your bathroom, you will quickly discover the cost to remodel can quickly run into a large sum of money. Many people see remodeling their bathroom as an investment, and if or when they resell their home they will profit from their initial investment.
Most real estate agents will tell you remodeling the kitchen or bathroom is a good investment and a wise choice, as these two rooms are what can sell a home. Potential buyers tend to look for extravagant kitchens and bathrooms.
A real estate agent will also tell you once you reach a certain point you can throw money away remodeling your kitchen or bathroom, as it no longer increases the value of your home. When you reach this point, careful analysis should be made on any remodeling project decisions. This will avoid throwing money away or can save you much grief later down the road.
The first thing to consider is whether you wish to simply renovate, knock-out-walls, replace or put-in-custom-plumbing type of remodel. A typical bathroom upgrade would be removing and replacing new updated fixtures of the home owner’s choice. A new vanity would also be installed, using pre-manufactured assemblies.
The room would be painted and new flooring would be installed. The new install would consist of existing plumbing. The ceiling or walls would not be changed or updated. This does not does include removal or replacement walls.
A complete bathroom remodel would be much more expensive. It would include all the above, plus a new exhaust fan system, new lighting vanity and mirrors; all of the home owner’s choice. The existing plumbing would be utilized. The contractor would paint the walls and install a new flooring of the owner choice.
If you go for the whole bathroom remodeling job, you are talking serious money. If you plan on the contractor doing everything as previously listed, in addition to more and better amenities. Add a new shower enclosure, install tile in the bathtub and shower area, as well as new electric and plumbing would be installed up to code.
Regardless if you plan on doing the work yourself or you hire a professional contractor, always set a reasonable budget and stay within your limitations.
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