If you’re considering a bathroom renovation for your St. Charles, IL home, you can expect to increase the value of your home. According to Zillow, remodeling your bathroom provides the biggest boost to your home’s resale value. You may be wondering just how much your return on investment will be with a bathroom renovation, but that will depend on a number of factors.
Size of the Bathroom
Renovating a powder room or smaller bathroom will generally cost less than a updating the bathroom that is part of an ensuite, but that doesn’t mean that the bathroom renovation in your St. Charles, IL home isn’t adding as much value. In some cases, spending less money on the project gives a better return on your investment in the long run.
Type of Renovations
Knowing where to spend your money on a bathroom renovation is important in determining how much you’ll recoup when you go to sell your house. If you don’t plan to move soon, it will be important to create a space that you love, but that doesn’t mean you can’t or shouldn’t also consider what will add to resale value in the future.
Increasing the size of the bathroom, or even giving the appearance that the room is larger, will add value to your home. In addition, adding new tile and cabinets to your bathroom renovation checklist is a great way to ensure a better return on investment for your St. Charles, IL home.
Bathrooms that have a lot of bright, natural light are more attractive to buyers, so you should consider ways to improve natural lighting during the planning stages of your bathroom renovation.
Working with the Right Contractor
A good contractor will know what features of a bathroom renovation will yield the best results, both for your needs as well as future resale value. Balancing these is important, especially if you’re planning to stay in your home for a while. Having a design team that can provide you direction so you get the look and features you want while sticking to your budget, is an important part of recouping your costs down the line.
When choosing a contractor for your bathroom renovation in St. Charles, IL, don’t be afraid to ask questions, such as what upgrades they recommend based on your bathroom, where to put your dollars to make the most impact, and what design elements are likely to stand the test of time.
When thinking about your next home remodeling project for your St. Charles, IL home, a bathroom renovation is a great way to make upgrades you’ll not only enjoy, but will profit from in the future. For a free consultation, call Slaten Residential at (630) 584-2255.