An extra bathroom will not only add functionality to your home but also boost the chances of getting a higher resale value in the future. But there are a few things to keep in mind before moving ahead with the project.
To be honest, you can never be sure about how much value adding a bathroom adds to a home. That depends on a lot of factors including the market conditions. Even so, a high-quality bathroom in a home is something that most home buyers want.
The process of adding a new bathroom is definitely more challenging than remodeling an existing one. But with the right professional guidance, adding a bathroom is a lot easier than you think.
If you’re considering adding a bathroom to your house with the hopes of increasing it’s sales value. We recommend hiring Curbio. The company specializes in relocation home renovations and best of all, they don’t charge you a dime until you sell your house.
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How Much Does Adding a Bathroom Increase Home Value?
To determine how much adding a bathroom increases home value, you need to do a cost vs value analysis. If the costs are much more than the expected increase in value. it may not be a wise investment.
If the choice is between adding a bedroom or a bathroom, think about what the buyers are looking for. If your home has three bedrooms and a single bathroom, adding a bathroom makes more sense.
In case the potential buyers are families with kids, they will prefer a home with two or more baths.
As per a recent survey by the National Association of Home Builders, most home buyers prefer two bathrooms. A significant number also prefer more than two bathrooms.
The first thing to consider is the average cost of adding a bathroom. The cost of a bathroom addition depends on whether you need a separate structure for it. The average cost for that kind of development is around $90,000. If you can transform an existing space into a bathroom, the costs will be lesser.
The average increase in your home value from adding a bathroom can be between 15% to 20%. The exact amount will depend on multiple factors like the location of your home and the quality of the new bathroom.
In general, you can expect to recoup around 50% to 60% of your renovation costs for an upscale bathroom addition. In the case of a mid-range bathroom addition, this can be as high as 70%.
How Much Is a Bathroom Worth On an Appraisal?
If you are looking to sell your home and your bathroom is old and damaged, a renovation or addition of a new bathroom is definitely a good option.
The size of the new bathroom and its quality will determine the appraisal value. The larger the size, the more appraisal value it will add. The amount will depend on the real estate market and also on the location.
Note, home appraisals take visible defects into account. So even if you cannot add a bathroom, fixing the problems in the existing bathroom and improving its overall appearance can help. Keep in mind that all upgrades or renovations need to be permanent in nature.
How Much Value Does a Master Bath Add?
A master bath is the largest bathroom in your home and includes a toilet, sink, and shower system with a hot and cold water supply. To maximize the value, the master bathroom should include a bathtub.
Generally, such a bathroom is artfully designed with features like built-in shelving and under-counter lights. A bathroom that is en-suite in the bedroom is also a desirable feature.
A master bath needs more investment and the costs will be higher if you are adding a new roof. While it is difficult to specify the value a master bathroom will add, the average increment can be anywhere between $20,000 to $50,000.
Beyond the financial returns, you need to consider the joy score of the functional space. This is the satisfaction or enjoyment that the homeowner gets from using the master bath. A NAR report suggests that the joy score of a bathroom renovation is 9.6 on a scale of 10.
Does a Walk In Shower Add Value?
In most cases, buyers will pay more for premium features like a walk-in shower, quartz countertops, underfloor heating, etc. Also, elderly home buyers usually prefer walk-in showers over walk-in tubs.
The overall design and the materials used in the shower will also impact the value.
That said, in areas where potential buyers are families with young children, a walk-in shower can reduce the home value. Families prefer a bathtub for bathing a child as it is more convenient without the chance of getting soaked.
How Much Does a Half Bath Add?
A typical half bath with a toilet and a sink can add around 10% to the value of a home. If you use an existing space, the costs for a new half bath will be around $8000 to $15000. You can expect to recover around 60% of your investment on a half bath. Besides, adding a half bath can also improve the overall livability of your home.
How to Make the Additional Bathroom Pay Off
There are a few ways to make an additional bathroom pay off and also improve the living experience.
- If your current bathroom has a shower, choose a bathtub for the new one. The best way to impress potential buyers is to choose a free-standing tub.
- Adding a bathroom to your master bedroom adds a lot of comfort for the inhabitants. But make sure that this is permissible as per the layout and your budget.
- While customized tiles make the bathroom look great, they will have a significant impact on the costs. Think of using customized tiles in combination with vinyl, or laminate tiles to keep the costs within control.
- Installing a high-quality mirror is a great way to increase the overall selling appeal of the bathroom. Not only do they make the bathroom more user-friendly, but also improve the lighting.
- Use high-efficiency showers, sinks, and toilets that are optimized for low flow. This will reduce the water bill and improve the overall value for potential buyers.
In case you do not have the budget to move ahead with the addition, taking the help of home improvement solution providers is a good idea.
Moreover, companies like Curbio offer pay-at-closing services, so you do not need to pay for the addition until the sale is complete. Not to mention the fact that your house will sell for more. Click below for more info!
FAQs – How Much Value Does Adding a Bathroom Add to Your Home
What adds the most value to a bathroom?
The space and the quality of materials used in the bathroom are two factors that add value. It is best to consider the local market and the buyer demographic to understand what works best in your locality.
Does a tiled shower add value to a home?
A tiled shower will add more value to a bathroom as long as it is installed correctly and matches the rest of the home decor.
Is it worth it to add a bathroom before selling my home?
The answer depends on multiple factors. It is important to study the housing market and understand what the buyers are looking for. In most cases, you will not get a positive ROI.
However, when the housing market is weak, an additional bathroom may help in attracting more buyers. But do not forget to consider other options like updating the kitchen or finishing the attic.
Final Thoughts
Note, you cannot expect a dollar-for-dollar return on any type of home renovation, including an added bathroom. But an extra bathroom can always be a positive addition to any home.
That said, the value addition from a bathroom also depends on the personal preference of the buyers. So keep the costs in check and do not over-improve your home in comparison with the neighboring properties.
If you are planning to relocate and need to sell your home quickly, it can get stressful to manage both ends. So, taking the help of the Agoyu app to find the best moving companies can ensure a hassle-free relocation experience.
