Planning a bathroom remodel? Achieving a good return on investment (ROI) requires careful planning, quality materials, and skilled execution. It’s about making the right choices to add value to your home over time. Read on as exterior remodeling contractor Maris Home Improvements guides you on how to ensure your project is beautiful and financially beneficial.
Set a Budget
First and foremost, setting a realistic budget for your remodel is crucial for a good ROI. The cost should reflect your home’s overall value to avoid over-improvement. The rule of thumb is to spend no more than 5% to 10% of your home’s value on a master bathroom remodel.
Carefully Plan Your Remodel
Having a clear vision and a plan will minimize the chances of unnecessary costs. Detailed planning should involve sketching your design ideas, picking a color scheme, and choosing fixtures and finishes. Use professionals in the field to ensure that everything is accurately measured, the materials are the correct fit and nothing is left to chance.
Opt for Value-Added Features
Some bathroom features can significantly increase your home’s value. These are:
- Energy-Efficient Updates – Features like LED lighting, energy-efficient ventilation fans, and low-flow toilets and showerheads not only save on energy costs but are increasingly attractive to buyers.
- Adequate Storage – Adding storage cabinets, wall shelves and even expanding closet space can make your remodel more functional and appealing.
- Neutral Decor – While personal flair is important, sticking to neutral and widely appealing decor can increase your ROI.
Prioritize Essential Repairs
Before delving into cosmetic improvements, address any underlying issues first. Plumbing, wiring updates, and water damage repair should always be your priorities. Ignoring these could lead to expensive damage down the road, reducing your remodel’s ROI.
Add Luxurious Touches Wisely
Luxury can add value, but only if done wisely. A jetted tub or a steam shower can add a touch of extravagance and raise your home’s worth. But remember, luxury features should be appropriate to your home’s value and the neighborhood standard.
Partner With A Trusted Professional
Maximizing your bathroom remodel’s ROI often involves the expertise of a trained professional. Whether you are looking for a fencing contractor or a bathroom remodeler, experienced experts will give you professional advice. They can guide you through the process, recommend the right materials, and ensure the work done is of the highest standard, giving you the most value for your money.
Get a Great ROI on Your Bathroom Remodel With Us
Improving your bathroom’s look and functionality can significantly increase your home’s value, especially when done right. However, professional guidance is key to achieving a high ROI. If you’re in Chesterfield, MO, and need help with your bathroom remodel, call Maris Home Improvements Inc. at (636) 778-4343 or visit our contact page. In addition, we’re also siding replacement specialists, ready to help with your siding needs.