The Benefits and ROI of a Bathroom Addition
Thinking about adding another bathroom to your home? Your family might be growing, you’re adding a finished basement, or maybe just wanting to put spare space to good use in your home.
Not only will adding a bathroom give you a chance to build one of your dreams, you also could get a high return on investment and a multitude of other benefits along with it.
How much does a bathroom remodel cost?
The price of a bathroom addition will depend on what you want done and the size of your bathroom. Adding a full bath will cost more than a half bath, for example, and you need to consider if you’re wanting to rearrange plumbing, move a wall, or create a bathroom from the existing floor plan.
To determine exactly how much your new bathroom will cost, call NextGen Remodeling for a free estimate. Our team will visit your home, take a look at your bathroom, and learn about your goals for the remodel.
Then, we’ll provide you with a line-by-line estimate for the project, including labor and materials and answer your questions right away.
What’s the total return on investment?
So, what exactly is the ROI on a bathroom addition? Again, there’s not really a straightforward answer. It depends on the quality of the remodel and materials.
On average, however, you can expect a bathroom to increase the value of a home in a median price range by about 5.7 percent.
But the return on investment doesn’t just have to do with the monetary value. There are several benefits that come along with adding a bathroom.
An extra bathroom can make your home feel more efficient, eliminating fights over who gets the bathroom. It also makes life easier when hosting parties and visitors. This way, guests can have their own space, and you won’t have to worry about sharing yours with everyone.
Between increasing your home value and improving the comfort of your home for your family and guests, adding a bathroom to your home comes with a phenomenal return on investment. Read about more ways to get a good ROI for your bathroom remodel.
What should you consider before starting your bathroom remodeling?
Layout and bathroom placement
Once you’ve decided on your budget, it’s time to consider where to put the additional bathroom and what fixtures to include. The placement of your bathroom is crucial. A poorly placed bathroom can cause flow issues in your home, or make it more difficult to route plumbing.
Even if you don’t think you have room in your house to add a bathroom, consider spaces like at the end of a hallway, under the stairs, or even in a large pantry you no longer use. You don’t have to add square footage to your home to add a bathroom.
You might add a half-bath at the end of a hallway, or use an existing bedroom to create a full bathroom. If your floor plan allows it, you might add your bathroom between two existing bedrooms.
If your closet is extra large and takes up more space than it needs to, use that extra square footage for a bathroom. If you don’t think you’ll have enough storage space, you can always be sure to add a small linen closet or maximize shelving and cabinets for additional storage options elsewhere in the house.
If adding a bathroom to your existing layout feels too cramped, consider taking some room from the backyard for an extra bathroom – a house addition!
Looking for contractors to help with a bathroom remodel near you? Here at NextGen Remodeling, we can turn your dreams into a reality with a bathroom remodel, whether it’s a simple update, a complete bathroom overhaul, or an addition.
Features to add value
Now that you know where your bathroom will be, it’s time to decide what features to include. The fixtures and materials you use can also help increase the value of your home.
Consider adding granite or marble countertops for a sleek, upscale look. Quartz and dolomite are also in-demand materials that look impeccable and wear well. Use high-quality materials, especially for wood and metals. Cheap, low-quality materials can rust and warp in moist spaces like bathrooms. Consider a glamorous freestanding soaking tub, or double sinks to maximize the impact of your new bathroom.
Don’t want to add one? Renovate an existing one!
If you don’t have the space to add a new bathroom, consider renovating an existing one.
There are plenty of small bathroom remodel ideas that can still add value to your home. Upgrade the faucets and fixtures, swap out an outdated tub for a new one, or remodel it from the ground up. Even half-bathroom renovations can bring about a dramatic change in your home.
Looking for experienced contractors for kitchen and bathroom remodels in Kansas City?
NextGen Remodeling is here for you. Our estimate process is quick and easy, and you can even upload or send us other quotes you’ve received so we can compare our estimate to others, line by line.
Call us today if you have questions, or if you’d like to request an estimate for your bathroom remodel in Kansas City and beyond.