Is Remodeling a Bathroom Worth It?
Remodeling a bathroom is a significant investment. However, there are several factors to consider before deciding to embark on this task. A well-planned bathroom renovation can provide a high ROI. Moreover, eco-friendly alternatives are available. In this article, you will learn more about how to select eco-friendly products.
Costs
The costs of remodeling a bathroom vary greatly. The extent of the work may be as simple as changing the paint and towel bars or as complex as replacing a vanity or toilet. It is important to calculate the cost before beginning a remodel. A professional contractor will be able to provide you with an accurate quote.
The most obvious expenses will be for materials and labor. New plumbing and electrical fixtures can run you anywhere from $100 to $800. A new sink can cost upwards of $500. You will also have to pay to install a new light fixture or electrical outlet.
Benefits
One of the most popular rooms to remodel is the bathroom. We use this room multiple times per day, and a beautiful bathroom will improve our enjoyment of this space. It can also increase the value of your home. In fact, remodeling your bathroom can raise your home’s value by at least two thousand dollars. This will increase your returns on investment, and make selling your home much easier.
Upgrading your bathroom also improves the efficiency of the space. You’ll save energy and water and you’ll have a more convenient layout. Many newer bathrooms also come with energy-efficient appliances.
ROI
When remodeling a bathroom, a return on investment is an important consideration. For example, if you’re planning to sell your house, a bright and colorful bathroom may increase the value of your property by up to $2,800. However, if your budget won’t allow you to make such a significant renovation, you can still opt for a more neutral look that still has the potential to add to its value.
The ROI of bathroom remodeling depends on many factors, including the amount of money you’ll be spending and the location. In states with a high housing market, homeowners can expect a higher ROI.
Eco-friendly options
When you’re remodeling a bathroom, there are many ways to go green and save money. For example, re-circulating hot water systems and timed faucets save water and money. These bathroom design ideas can also decrease energy bills. The bathroom is one of the highest use areas in a home, so saving energy and water can make a big difference. Also, consider installing eco-friendly flooring like reclaimed wood or concrete. There are also less conventional choices like cork, bamboo, and rubber flooring.
Another eco-friendly option for a bathroom remodel involves installing an energy-efficient water heater. Heating water accounts for up to a fifth of a home’s energy use. For this reason, installing an energy-efficient water heater is a key element of an eco-friendly bathroom remodel.
