Although a bathroom is a vital component of every house, it is often ignored when it comes to renovation projects. However, homeowners are finding that updating this area or constructing a new bathroom can significantly increase the value of your home or multi-family unit. Let’s take a quick look at why a bathroom renovation makes sense.
A Bathroom is an Essential Room
Unlike a study or a mini theatre, a bathroom is essential for every property. Prospective buyers or renters will carefully evaluate rooms that they need and frequently use. When you kick start a renovation project, it helps to keep your intended buyers in mind. Would they require additional lighting? Do certain fittings and fixtures need to be updated with their needs in mind?
Several Renovation Options in Store
When it comes to the bathroom, there are several options that you can incorporate into the project. For example, additional storage can be added for towels and other items, floors can be heated, or a shower seat can be installed. Larger bathrooms can accommodate a steam shower or even a new jacuzzi, especially in the master bath. Another quality addition is a double sink to accommodate shared bathrooms.
Well Maintained Bathrooms Fetch a Higher Price
Poorly maintained bathrooms will not only discourage buyers or renters from investing, but it will create lower unit or property prices. They may take into account the fact that additional repairs or fixes will need to be done after the property is rented or bought. Further, bathrooms can become a hazard if they are not maintained properly. Water damaged floors or broken fittings can be dangerous especially if children or older people need to use the area.
A bathroom that is aesthetically pleasing and functionally up-to-date will attract more buyers in the long run. It also offers great return on investment when compared to other renovation projects around the home.
Secure Professional Services To Get The Best Advantage
McMillin Contracting Services specializes in making beneficial enhancements to your bathrooms in order to make it more marketable. Their team of experts will suggest various options and provide a cost-effective solution that works within your budgets. Further, they take all the risk and stress out of the project, by coordinating with residents, vendors, community managers and in-house staff, leaving you to enjoy the end result.
The team is led by Patrick F. and Patrick L. McMillin, who have years of experience in the real estate sector and in managing both large and small-scale construction projects. You can leave it to their crew to handle the project from start to finish. Contact the team at McMillin Contracting Services for more details on bathroom renovations and how it can help increase the market value of your property.