Bathroom renovations have a high return-on-investment (ROI). You can expect to recoup about 70% of what you spend on bathroom renovations. Why? Besides being a room that’s widely used and used by all – it can also have several purposes. It is the part of your home that’s associated with personal hygiene and is the place where self-care occurs. In recent years, homes with multiple bathrooms, expansive bathrooms, and bathrooms that resemble a spa-like persona have become increasingly sought after. But, where should you focus your budget for the highest bathroom renovations ROI? Find out our thoughts below.
Bathroom renovations ROI for bathtubs
Bathtubs often offer a higher ROI, particularly if you plan on selling your home to a potential buyer with kids. There also is an appeal factor to a bathroom setup with a deep soaker tub. It can provide a spa-like feeling to the bathroom renovation. Whether you are replacing an old shower or bathtub, purchasing a high-quality tub is a great option.
If you are not planning on selling anytime soon and ROI is less of a concern to you, a luxury shower is a wise investment – but bathtubs have broader appeal since they can be used to shower or bathe.
Bathroom renovations ROI with an upgraded vanity
Replacing your old vanity with a modern one is a great way to refresh the look of your bathroom and add more storage, so it’s a win-win. Full-sized, “his and hers” vanities provide the best ROI for master baths, but smaller vanities or pedestal sinks may be more appropriate for other bathrooms in your home.
New flooring & in-floor heat for increased bathroom renovation ROI
New porcelain, marble, or ceramic tile flooring can improve the style of your bathroom, and they offer excellent ROI since they are durable, waterproof, and stain resistant.
In-floor heat adds comfort for you now and provides lots of appeal to potential buyers in the future – think about how cold floors can get during harsh Manitoba winters!
Home renovation ROI – fresh paint goes a long way
Even a simple paint job can help improve the ROI of your bathroom renovation. We recommend light and neutral colours like white, beige, and light grey, as these colours will make the room feel more spacious and welcoming, particularly when paired with natural light.
Bathroom renovation ROI updated fixtures and finishes
Replacing old or dated bathroom fixtures like showerheads, faucets, toilets, and vanity handles is a low-cost way to improve the overall appeal of your bathroom. Whether you do this project on its own or as part of a full bathroom renovation, your overall ROI is sure to benefit.
Contact Dash Builders to plan your Winnipeg bathroom renovation today!
At Dash Builders, we specialize in bathroom renovations in Winnipeg, and we can help you create the bathroom you’ve always wanted – while maximizing your renovation ROI. Our licensed, bonded, and insured home renovations experts will work with you through every step of the process. To learn more, call us at 204-509-7574 or contact us online to schedule a free, no-commitment consultation.