Is It Worth Renovating Your Bathroom Before Selling?
Whether or not it is worth renovating your bathroom before selling up depends on a number of factors, such as the condition of the bathroom, the potential ROI and the local real estate market.
Assessing the current condition of your bathroom should help you decide whether or not it is needed. For example, if your bathroom is outdated, in poor condition, or has functional issues, it might be worth getting a renovation to add value to the property and make it more attractive to potential buyers. However, not everyone will need to strip down their bathroom entirely. In a lot of cases, a few simple touches like replacing outdated fixtures or old flooring are enough to increase the appeal of your home.
You should also consider the potential return on investment from renovating the bathroom. Will the cost of the renovation be justified by the increase in the sale price or the speed of the sale? Make sure the renovation costs align with what you can potentially gain from a higher sale price.
Deciding if it’s worth renovating your bathroom before selling also comes down to the local real estate market. By this we mean, if newly renovated bathrooms are in high demand in your area, this could significantly boost the selling price, and therefore make the renovation completely worth it.
Benefits of Renovating Your Bathroom Before Selling
While these considerations are important, there are several benefits associated with renovating your bathroom before selling your home that might help you to make a more informed decision.
The benefits of renovating your bathroom include:
Increased property value
Improved bathroom aesthetics
A quicker sale
Competitive edge in the housing market
1. Increased Property Value
One significant benefit of renovating your bathroom, as with any room in the house, is that it can add value to your home. In fact, renovating a bathroom can add ‘between 4-5% to the value of your home’, emphasising how it can be a fantastic investment for many.
That said, how much value your bathroom renovation can add to your home will depend on a few factors, such as your location, the extent of the renovation and how well the renovation is carried out (labour & materials). Some additions and upgrades will bring in high ROIs of 70% or more, while others might actually turn off potential buyers, dragging your home’s value down.
This is why choosing high quality bathroom designers to design and install your bathroom is essential if you want to increase the value of your property for selling.
Another benefit of getting a bathroom renovation is that it gives you more leverage during sale negotiations, potentially allowing you to command a higher selling price or negotiate better terms.
2. Improved Bathroom Aesthetics
Another benefit of renovating your bathroom is that it can significantly improve the overall appearance of your home.
As one of the most used rooms in the house, it’s natural for a bathroom to have its fair share of wear and tear over the years. But if a bathroom is clearly old and un-aesthetically pleasing, it could put potential buyers off.
A beautifully renovated bathroom, however, creates a positive first impression during property viewings, setting a favourable tone for the rest of the home and making it more appealing to buyers.
This brings us nicely onto our third point…
3. A Quicker Sale
Bathrooms are among the first rooms potential buyers evaluate during a property viewing, and as a new, aesthetically pleasing bathroom can leave a lasting impression on potential buyers, your home will be much more desirable after a renovation.
When a house needs a lot of renovation work, potential buyers can be easily put off by the cost of future work and the hassle involved, especially families with children who are looking for move-in-ready homes. What’s more, they might even put a value on the effort that it would take to renovate your bathroom, meaning that they could take a chunk off the asking price as a result.
By having a newly renovated bathroom, you are therefore much more likely to have a faster sale than if it needed work in the future.
Additionally, a renovated bathroom naturally provides attractive content for property listings and descriptions whilst potentially even making your bathroom look larger, drawing in more attention and attracting more potential buyers.
4. Competitive Edge in the Housing Market
Lastly, renovating your bathroom can give your property a real competitive edge over similar homes on the market that may not have updated bathrooms, making it more appealing.
For example, a well-planned bathroom renovation can significantly improve the layout and functionality of the bathroom, providing efficient storage, better flow, and optimal use of space. All things that potential buyers consider when looking for a new home.
Many renovations also integrate energy-efficient fixtures, such as low-flow toilets and LED lighting, demonstrating the property's modernity and eco-consciousness which is super appealing to environmentally aware buyers.
If you decide to go ahead with a bathroom renovation, make sure you ask yourself these questions, especially if you’ve never taken on a renovation project before.
And there we have it! Hopefully this article has given you a better understanding of whether you should renovate your bathroom before selling your home. Discover more bathroom renovation tips on our design & renovations blog, including ‘tips for living through a bathroom renovation’ and ‘essential bathroom accessories’.
Cwtch Haus dedicates time and attention to understanding our customers’ lifestyles and habits to create a space that is perfectly tailored to their needs. We work to ensure that your space is not only beautiful but practical for your everyday use.
Get in touch for your free consultation from one of our experts.
Written by Kate Jones for Cwtch Haus.
