Should I Renovate My Bathroom Before Selling My Home?
Are you getting ready to put your home on the market? Are you worried that your old and outdated bathroom will deter potential buyers, and are you trying to decide if it’s worth the investment to renovate it? This is a common conundrum for home sellers who want their properties to stand out but don’t want to ultimately lose money in the process. So the question is, do the benefits of renovating your bathroom before selling your home outweigh the costs?
Let’s look at the factors to consider when deciding whether to upgrade your bathroom before listing your home.
Benefits of Ensuring Your Home is Move-In Ready
Homes that are move-in ready often sell faster and at a higher price than those requiring immediate renovations. An outdated bathroom can be a major turnoff for buyers, as it may give the impression that the home has not been well-maintained. Some of the common issues in outdated bathrooms, such as old fixtures, dated colors, and the presence of mold and mildew, can scare away potential buyers who are hoping for a move-in-ready property.
The Cons of Renovating Before Selling
While renovating a bathroom can improve your home’s appeal and make it more attractive to potential buyers, it may not always provide a positive return on investment (ROI). Buyers may have unique style preferences, so it may be more beneficial to let them renovate the bathroom to suit their tastes. Additionally, installing a walk-in shower, while appealing to some, could deter families with young children who require a bathtub for bathing.
Expected Return on Investment for Bathroom Renovation Projects
According to the 2023 Cost vs. Value Report compiled by Remodeling Magazine, if you pay for a midrange bathroom remodel before selling your home, you can expect to recoup an average of 66.7% of the project cost through a higher sale price. However, for an upscale bathroom remodeling project, the percentage dips to 36.7. This indicates that a midrange remodel provides a better ROI when compared to an upscale remodel, making it a more cost-effective option for homeowners who are looking to sell.
Finding a Reliable Bathroom Renovation Company
If you decide to move forward with your bathroom renovation project, the first—and perhaps most important—step is selecting a bathroom renovation company. If you want to ensure that the project results fit your goals, you must look for certain qualities, like a company with a proven track record of completing projects on time and within budget. Additionally, you should choose a company that offers a warranty on its workmanship and uses top-quality materials. Finally, read customer reviews and ask for referrals to ensure you’re working with a reputable company.
The MaxHome Difference
MaxHome is an experienced bathroom renovation company that has served more than 20,000 satisfied customers in the Houston, New Orleans, Pensacola, Mobile, and Baton Rouge areas. If you’re ready to move forward with a bathroom upgrade that will increase your home’s attractiveness to buyers while offering a significant ROI, we’re ready to help. We offer premium bathtubs, showers, and walk-in tubs, and we can complete many bathroom renovation projects in as little as one day.
Contact MaxHome today to get started.
From the initial call to the final installation not a problem. What a wonderful Company to deal with. I recommend it very highly.
