If you're looking for a way to add value and functionality to your home, bathroom renovations can be a great investment. They can make your life more comfortable, and they also have the potential to boost the value of your property significantly. This makes them one of the best returns on investment (ROI) any homeowner could ask for. Here are some of the upgrades that will give you maximum return while still being reasonably priced.
Lighting and Ventilation
When it comes to bathroom renovations that yield a high return on investment, lighting and ventilation are arguably the best investments you can make. Ventilation upgrades such as fans, dehumidifiers, and air purifiers reduce moisture buildup from everyday activities like taking showers and washing hands and also help protect against mold growth in the long run.
Installing new lighting fixtures such as LED bulbs or warm recessed lights can give the overall room an entirely new look, offering both aesthetic appeal and improved visibility. Installing bathroom mirrors can also help make the room feel bigger and improve lighting by reflecting natural light in the entire bathroom. With low up-front costs and lasting benefits far into the future, investing in bathroom ventilation and lighting is a good investment.
Flooring
Upgrading your bathroom flooring can have a surprisingly large impact on the aesthetic of the room and your house and can significantly increase the value of your home if done correctly. Upgrading your bathroom flooring is also a great choice because it has a relatively low upfront cost and is easy to install.
If you're unsure what flooring will work best, consider consulting professionals like Easy Renovation about different flooring types and designs that can meet your needs and match your home's interior.
Efficiency
Energy efficiency should be a top priority in your renovation. Some practical ideas to make your bathroom more energy efficient include increasing the insulation in your bathroom walls, replacing old light fixtures with energy-efficient LEDs, installing low-flow toilets and showerheads, and upgrading to a smart thermostat. These upgrades will lower your energy costs over time and are also durable, saving you money in the long run.
Finishes
Upgrading the materials and colors used for features such as countertops, vanity sets, trim, and even door fixtures goes a long way toward improving the look of the space. Different finishes can also improve functionality by enabling access to drawers or making showering easier.
New finishes in the bathroom have been shown to greatly increase its resale value, which means that investing in them during a renovation pays off in added equity if you ever decide to move. Some popular choices are solid surface countertops such as acrylic or quartz. They are both easy on the eye, low maintenance and resistant to damage over time due to their durability.
Accessibility
Installing an accessible bathroom can significantly improve the lives of anyone living with physical disabilities and the elderly. For instance, for those who use wheelchairs or mobility devices, an accessible bathroom can provide a level of self-sufficiency that might not otherwise be possible.
It also allows family members to provide help and assistance in a safe and secure environment. Bathrooms designed for accessibility ensure that all users can access private facilities with dignity and respect.
Some useful accessibility features include grab bars, a walk-in tub, and a no-step shower. In some cases, installing these features may even qualify you for a rebate program or tax credit.
While every bathroom differs, certain features will generally result in a higher ROI for your home. These include finishings like tile and paint color, flooring type, appropriate lighting and ventilation, and making the space efficient and accessible. If you're planning to renovate your bathroom soon, keep these factors in mind to get the most bang for your buck. Always work with experienced professionals who can help you navigate the process and avoid any costly mistakes.