Sunday, July 30, 2017

Percentage of House Value to Spend on a Bathroom


Bathrooms Add Value to a House

Kitchens and bathrooms are what increase the value of a home. So if sufficient care is taken to have a bathroom that is well tiled and has the latest fittings, the value of the home goes up. This makes it much easier to sell or rent. A bathroom is the most expensive part of a house if you consider per unit area costs. This is because of the skilled labor required in its installation, like plumbers, tilers and probably electricians. Another factor that adds to the cost is the wide range of fittings available for the plumbing, water heating, storage cabinets and floor and wall tiles.
For those individuals that are wondering what percentage of their house value they should spend on a bathroom, experts say that you should limit the cost of your bathrooms to about 10 to 15 percent of the cost of the house. This value can be easily recouped in the sale of the house. If there is more than one bathroom in a house the percentage costs could go up, but this would in turn increase the resale value of the house.
While building a new house, it would be to your advantage to prepare detailed plans about how you intend to furnish the bathroom. This could add substantially to the cost of the house if you include fancy fittings and additions, like a spa or Jacuzzi.
Remodeling or Building New Bathrooms to Add Value to a House
Remodeling of bathrooms in an existing house can add to its resale value. Realty agents will tell you that a well maintained and equipped bathroom automatically adds to the selling point for the house. Costs of remodeling a bathroom can be from $5000 to $12000 depending on the type of fittings and gadgetry that you add to a bathroom.
Adding a new bathroom to a house would cost substantially more because of the cost of creating the room itself, with walls, foundation and roof. Sometimes homeowners decide to convert existing floor space, like a garage or attic, into a bathroom. The cost for this type of remodel would be governed by the distance required to create new plumbing for the water supply and drainage.
A well appointed bathroom would have hot and cold water plumbing, colored porcelain fittings, mixing faucets, a bath tub and sufficient storage space. Add-ons can be in the form of glass shower cabins, floor heating, forced ventilation, and anti-skid flooring. Provision of senior citizen aids can really impress a buyer.
A half bathroom in a house would have a sink and a toilet and is the general design used for additional bathrooms in a house. Costs of such bathrooms are generally much lower, but can add to the value of a house, especially if prospective clients are families with children.