Is Remodeling A Bathroom Worth It?

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Is Remodeling A Bathroom Worth It?

bathroom-remodel

This time of year is very popular for homeowners to start considering home renovations. Whether your home is 10 years old or 40+ years old you have likely considered renovating your bathroom at some point. Homeowners put off renovations for many reasons such as the cost, concern about adding or not adding to their home’s resale value, and the length of time the remodel will take. Let’s look at some common reasons remodeling your bathroom is (or isn’t) worth it.

 

How Much Will It Cost?

 

The first thing you should consider when thinking about remodeling your bathroom is how much you will spend. It is very important to set a price that is comfortable for your budget but you also need to make sure that your budget is reasonable. There are different factors that contribute to the price of remodeling your bathroom such as the size of the bathroom, the quality of the fixtures you want, and how much of the bathroom you are considering renovating. Another important factor is the age of your home which could lead to unexpected costs such as having to upgrade the plumbing, electrical, or even the structural components of the bathroom. Barring any surprises, the average cost of a bathroom remodel is just under $18,000 which is something you definitely need to take into consideration when deciding if the bathroom remodel is worth it for you.

 

Will It Add Value To My Home?

 

If you are planning on selling your home this might be the most important reason to remodel your bathroom. You may get as much as 66 percent of your money back in the resale value of your home. However, if this is your goal you need to make sure that you are choosing a neutral design. In general sticking to neutral paint colors such as grays, whites, and beiges, and traditional fixture colors such as brushed nickel or oil rubbed bronze will ensure that you appeal to more buyers. If selling your home is your ultimate goal then its safe to say the bathroom remodel is likely worth it.

 

How Long Will It Take?

 

This is another question that has a lot of contributing factors to the answer. Again, the size of your bathroom will contribute to the amount of time your remodel takes. Additionally, the scale of the remodel will contribute to the amount of time it takes. Replacing the faucets, cabinet knobs, towel bars, and painting will obviously take much less time and effort than a complete gut job.

Lastly, how you intend to achieve the remodel will contribute to the amount of time it takes with a DIY remodel taking a lot more time than hiring a contractor. On average a small bathroom remodel takes about 23 days this is about 4.5 weeks if no weekend work is done. You are the only one who can decide if being without the bathroom that long is worth the benefits of the remodel.