If youโve been following the real estate market over the past couple of years, you probably know that homeowners could make a nice profit when they sold their homes. According to real estate insights for 2022, that may not be the case in the latter part of the year as interest rates rise and the market stabilizes.ย
For those who want to cash in while the market is hot and make home improvements thatโll ensure a quick home sale, these bathroom renovation ideas are a great place to start. Best of all, these projects offer the highest return on investment, meaning you can recoup some (if not all) of the cost when you sell.
Letโs take a look at the best bathroom renovation ideas with the highest ROI.ย
1. Bathtub
If your bathtub has seen better days or youโre interested in giving your bathroom a spa-like feel, a new bathtub is a great option – especially if youโre trying to appeal to families with children. Donโt get us wrong, a luxury shower might seem like the better option because they seem to ooze elegance and sophistication, what with the rainfall shower heads, stone slabs, and the likeโฆ But the tub is going to net you a higher ROI.
2. Vanity
There are countless styles of bathroom vanities you could choose from, but if youโre hoping to get a sizable ROI, youโll want to find a vanity that has a lot of storage space and plenty of counter space. If youโre working in the master bathroom, a vanity with double sinks are a big hit, but if youโre renovating a powder room or a guest bathroom, a pedestal sink is a good option as well.
3. Flooring
Of all the types of flooring you can put in the bathroom, you should never use carpeting or wood for obvious reasons. If you need to update the flooring in your bathroom, consider some kind of tile – ceramic or porcelain are popular options. But if youโre going for a high-end look, you can opt for natural stone floor tiles in either granite, marble, or travertine. If you want to make the tile pop, consider using a dark-colored grout instead of the traditional white.ย
4. Waterproofing
Waterproofing isnโt a glamorous renovation project and it isnโt going to add to the look of the space, but does mean that if your bathroom ever floods, it isnโt going to cause much (if any) damage. Ask your contractor about what you can do to waterproof your bathroom and then you can go from there. By doing this, youโre giving yourself peace of mind in knowing your home will be protected in the event of flooding due to a burst pipe or an overflowing tub.
5. Universal design elements
Universal design elements are intended to make the bathroom more accessible and safe for all types of people. Some universal design elements can include:
- Recessed storage space near the shower stall or toilet
- Technology designed to control shower temperature, lighting, humidity-sensing fans, etc.
- Install comfort-height toilets (taller than normal toilets) for those with mobility issues
- Wider doorways for wheelchair accessibility
- Towel hooks, easy-to-grab handles on cabinets, and single-lever faucets
Bathroom renovations make a world of a difference
Thereโs no shortage of things that we can do to our homes to improve the way it looks, feels and how well it functions. These five bathroom renovation ideas are a great place to start, especially if you are hoping to increase the value of your home when all is said and done!
