We all know that updating the kitchen when selling your home is a must. You tell yourself you’ve put some money into the kitchen, the bathrooms will sell as they are. Let the new homeowner do the remodeling, they’ll want to change everything anyways. Not so fast! With all of the design information that is available, buyers today are very savvy and expect much more when purchasing a home.
A home is purchased on emotion. When someone steps into the bathroom after it has been beautifully remodeled and they see themselves living there, this emotion dictates the purchase of your home over another. However, if a buyer steps into your “as-is” bathroom, they immediately start calculating how much it will cost to remodel the bathroom themselves. Bottom line, this means the money will be deducted from the purchase price of the home. That is if you’re lucky enough to get that low ball offer. Most potential home buyers will just move onto the next home that already has the remodeled bathroom. Potential buyers are willing to pay the asking price or above just to have this already completed.
According to the National Association of Realtors, the very least you can expect is a 64.1% return of investment from a home with a remodeled bathroom (http://www.realtor.org/field-guides/field-guide-to-remodeling). Remodeled bathrooms will not only sell help your home, but is a good, solid investment.
Remodeling a bathroom will help sell your home!
So, the moral of this story is this. A bathroom remodel is a solid investment and will increase the value of your home. The reasons to remodel far outweigh the reasons not to remodel – the bathroom is the most scrutinized room of the house.
Last but not least, leave it to the professionals to do the work and just reap the rewards! Enjoy your new bathroom now, then sell your home later!