How much value does a renovated bathroom add
While reality TV may paint a picture that home renovation is one of the most popular DIY pastimes for Aussies, the desire to actually buy a property for the purposes of doing it yourself has been dwindling in recent years with property Investors becoming less interested in this approach. Buyers are also increasingly fussy when it comes to the main staples of the home with the bathroom one of the biggest selling points for a potential purchaser. If you are going to sell your home, renovation of a bathroom is one of the best investments you can make.
How much value does a renovated Bathroom add?
Depending on the scale of your bathroom renovation, even a minor cosmetic face lift like installing new fixtures and fittings could add value to your property. A complete renovation could even add tens of thousands in perceived property value.
What are the best value home renovations?
Kitchens and Bathrooms are the two of the biggest recommendations that can add significant value to your home according to realtors and property investors. Other kinds of renovations can include pools, repainting, extensions and major outdoor fixtures. In terms of return of initial cost of investment, most of these pale in comparison to the impact of a freshly renovated bathroom or Kitchen however.
What is the average bathroom reno cost?
According to Openagent, In 2018 the Housing Industry Association (HIA) released the kitchens and bathroom renovation report which found that the average cost of a bathroom renovation in Australia was $17,522. This report takes into account both cosmetic and structural renovations.
Why renovate your bathroom?
It’s not always monetary gain when people choose to renovate their bathroom. Beside the obvious value proposition carried into your property, people renovate for many reasons including making better use of space, better functionality or just have to cater to a growing family.
Your local bathroom renovation experts
If you have any questions regarding bathroom renovations or think it may be time for an upgrade, give the qualified team at Mastercraft Tiling & Bathroom Renovations a call on 1300 260 870 or complete our bathroom renovation enquiry form and we can help you with all your bathroom renovation needs.
Don’t forget to checkout our guide 9 Reasons Why You Should Renovate Your Bathroom.
- 10 signs you might need a bathroom renovation
- 3 Common Mistakes with Bathroom Renovations
- 3 crucial questions to ask when planning a renovation
- 9 Reasons Why You Should Renovate Your Bathroom
- Bathroom design options you might not have considered
- Bathroom Renovation Steps
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