Times have changed. And you can see our evolving sensibilities and preferences when you look at older homes.
Older home tend to have smaller garages, large dining rooms, simple kitchens – and fewer bathrooms.
While it may seem overwhelming to consider adding a bathroom to your home, it may make sense from both a practical and investment standpoint.
Here are a few factors to consider when weighing the decision.
There’s no getting around it. Adding a bathroom can be a costly process. To add the sink, toilet, and shower/bathtub is pricey on its own, but you will also have to connect the water supply lines to this new room.
If you are looking to convert an existing room into a bathroom, the cost is generally much lower as water supply lines are already routed to the room. However, if it’s an older home, they may need some work as well to get things up to standards.
Return on Investment
Today’s homebuyer loves a large number of bathrooms. So the potential to put your home into higher demand when it’s time to sell is worth a lot.
Most homebuyers have pretty stringent requirements when they start sorting out what they want in a house – and it usually involves determining how much square footage they need, how many rooms, and how many bathrooms.
So, going from one to two bathroom, two to three bathrooms, or three to four bathrooms can increase the demand – and selling price – for your home.
The National Association of Home Builders found that a new bathroom will boost your home value by roughly ten percent, helping you recoup a significant amount of your investment in a new bathroom when you sell.
While considering the financial aspect of adding a bathroom, if you plan to stay in your current home for a long period of time, it should also fit your needs.
If you live in an older home, chances are it has fewer bathrooms. While this may not be an issue for a single person or a couple without children, a family of four or those who anticipate older relatives moving in over time, can quickly find themselves tight on space.
If you tend to have family or friends over for frequent stays, an extra bathroom can feel luxurious. Your guests will feel more at home and it will have less of an impact on the family’s daily routine so everyone will feel they have enough space.
Current number of bathrooms
If your home has one bathroom, then a second bathroom can seem like a no-brainer, even if you live alone.
But after the second bathroom, it’s important to think about the purpose of this new bathroom and ask some key questions.
- Is it a bathroom for the kids?
- A guest bathroom?
- A luxurious master bathroom?
While it may seem a bit overwhelming, with some solid planning and the right help finding professionals to get it done, you can add new functionality to your home – and increase its value.
If you are considering adding a bathroom, come visit our showroom and talk to the experts at Agentis.
We’re ready to help – from drawing up plans and selecting fixtures – to making sure the work gets done within your budget and on schedule.