Five Bathroom Fix-ups That Pay for Themselves ... Over & Over
Posted: February 27, 2019 by Anna Jotham
Bathroom fix-ups remain a top home improvement project for many home buyers. In fact, statistics from the National Association of REALTORS® (NAR) indicate that nearly 60 percent of home owners are targeting the master bathroom for their remodel.
It’s a smart investment, too. According to NAR, "homeowners who take on remodeling projects gain equity and more resale value in their home."
But what if you don’t have $20,000 to spend on adding a complete new bathroom? Renovations can be worthwhile, increasing home value by just under $10,000. Even a simple spruce-up can bring you a triple return on investment.
Following are five simple bathroom fix-ups that are bound to improve not just resale value but also ease of sale.
Replace a toilet seat or install a new pedestal sink. Each can be done for less than $100 while still making a significant visual improvement.
Paint where needed. A can of paint can be purchased for less than $50 but can take a bathroom with peeling, cracking walls and make it look new again.
Re-grout discolored or chipping tile. If the tiles are falling apart, consider a prefabricated tub and shower surround. You may be talking a bit more investment (surrounds including tubs can exceed $1,000), but you’ll get a healthy return on it.
Scrub it from top to bottom. With an afternoon and less than $20 of cleaning supplies, you can have it sparkling again and making a great first impression.
Use vinyl to cover an old, discolored floor. It may not be wood, ceramic or stone, but it can mimic those materials well and will look better than what you have. Oftentimes, vinyl can be installed right over the top of existing flooring. Best of all, you can often find beautiful vinyl for around $1 per square foot.