A Guide to High ROI Bathroom Renovation Projects
Posted by Justin Havre on Thursday, March 5th, 2020 at 9:12am.
Getting a solid return on investment (ROI) from home improvement projects is important for homeowners planning to sell or rent their Windsong home at some point in the future. Real estate and contracting professionals state that certain smart bathroom upgrades could potentially see anywhere between 60–70 percent ROI. These are the top bathroom remodeling projects recommended by the pros for high ROI.
Classic Elegant Stone Walls and Surrounds
Wallpaper and paint will add no value to a bath, but natural stone walls or even ceramic tiles can reap as much as a 50 percent return on investment. Natural stones can last for decades when well maintained, and they certainly add to the room's aesthetic appeal.
Naturally water-resistant stones will require routine cleaning and resealing. When attaching accessories to stone walls, special tools and extra care will be required to safely penetrate the materials without damaging them. Do note that stone tiles can get costly, but they are well worth the initial investment.
High ROI Bathroom Flooring Ideas
As with surrounds and walls, renovators cannot go wrong with stone flooring installations in bathrooms. Buyers readily pay more for the elegant look and feel of these natural elements that have a long lifespan and are typically simple to maintain. Popular options with the best financial return include:
- Quartzite
- Marble
- Flagstone
- Slate
- Travertine
- Limestone
Even if selling or renting isn't in the immediate future, these luxurious underfoot materials should be considered—if not only because stone is the best choice for under-flooring heating systems. No more chilly feet after the bath on cold days!
Reclaim Top Value for Top-of-the-Line Tub Installations
Tubs are no longer merely long trough-style containers with drain holes—many modern bathtubs and showers boast spa-like features and amenities. Bathing is essential but also can be a relaxing and luxurious experience, so premier tubs get top dollar from buyers.
Deep soaker tubs with massaging jets, dual baths and oversized showers that are perfect for sharing or solo indulgence…these investments see up to a 70 percent ROI. Innovative accessories and features that buyers desire the most include:
- Coloured LED lights
- Aromatherapy options
- Multiple water spigots and heads
- TV and music stations
- Steam features
Homeowners who still want to get a bit of bang for their buck but don't want to invest in high-dollar new installs can opt for more affordable re-glazing and overlays.
Show-Stopping Sinks and Vanities
Let's be honest: buyers won't give a second glance to a standard pre-fab sink and cabinet vanity. And they sure won't be inclined to pay extra for them.
So what sinks and vanities offer high ROI? Like designers, remodeling owners need to think out of the box and give the space a touch of class along with functionality. Trends vary between vanities and sinks, and most don't include a traditional drop-in setup.
Freestanding cabinets either open or enclosed create pleasing and convenient setups for free-standing sinks, which are the hottest bath trend with high ROI versus initial investment. The addition of designer label fixtures and focal-point bowls with colours are highly desired by today's homeowners.
Floating vanities are amazingly affordable to install, but are in demand thanks to their minimalist appearance. Because they are composed of long shelves of glass, wood, or marble that literally ‘hang' on the wall, these vanities appear to float. Eye-catching and classy, buyers can get 55-65 percent ROI depending on materials utilized.
These upscale bathroom renovations are wise investments if you're looking to enjoy the amenities or not, but to also get a bit of your cash back should you sell or take on tenants.