Does a Bathroom Remodeling Nashville Affect Home Value?
Can a Bathroom Remodeling Nashville remodel raise your home's value? According to the Cost vs. Value Report issued every year by Remodeling magazine, in 2015 homeowners saw a 70 percent return on investment for mid-range bathroom remodels costing approximately $11,707. If you have the available funds and want to increase your home's value in preparation for putting it on the market, or you simply want a fresh look, follow these bathroom remodel guidelines.
Plan a Budget
Unlike other rooms in your home where flooring, painting and trim are the only remodel concerns, such as a dining room, the Home Remodeling in Nashville has seemingly endless possibilities for blowing up your initial budget. From steam showers to custom tile work, the bill can easily creep into the high range. Most homeowners do not have tens of thousands of dollars on hand to dedicate to a bathroom, and as the remodel price goes up, the return on investment drops. Remodeling reports upscale bathroom remodels only have a 59.8 percent return.
Before determining the layout, investing in custom cabinetry, choosing the light fixtures and communicating your desires to a contractor, you should set a clear budget for the total remodel. Having a firm top price helps homeowners make wise decisions and avoid spending on frivolities they may regret later.
Determine Layout
Whenever a remodel involves moving plumbing, the cost skyrockets. Unless it is absolutely necessary, most experts agree that maintaining the same layout will save the homeowner a significant sum. The National Kitchen and Bath Association recommends leaving at least 18 inches from the centerline of a toilet to a wall or other fixture. They also recommend 30 inches between fixtures and walls. Consider a bathroom layout redesign if your bathroom falls significantly short of these suggestions.
Invest in Storage
As with many other spaces in the home and possibly more so in the bathroom, storage space is a vital element to a successful renovation. While stock bath vanities and cabinets may be less expensive, they cannot be customized to fit into a unique-sized bathroom. To put your bathroom remodel funds to good use, invest in custom-made cabinets accurately sized to maximize the
square footage of the room, if necessary. Besides giving you extra storage space, the bathroom cabinets will also be composed of long-lasting, high-quality wood, a step above the generic particle board that compose stock vanities and cabinets.
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