Typically, bathrooms have the potential to add between 4-5% onto your home’s value. But this can go up or down, depending on how you execute your design and build.
While adding on a new bathroom might not give you the same kind of returns as renovating your kitchen, not having enough bathrooms can be a leading cause of buyers being put off a property. If you find yourself getting annoyed that you keep finding the bathroom engaged every morning, you can bet potential buyers aren’t going to want to take that off your hands.
So if you think your home could do with a bathroom makeover, here’s what to consider...
How much does a new bathroom cost?
If you already have the space, then creating a new bathroom can cost between £2500 - £6000. However, if you need to convert a loft, or add an extension, that price jumps to between £25,000 - £50,000.
These are just rough estimates, no two projects are the same, so it’s worth speaking to a professional when it comes to budgeting. However, as you can see, having an extension costs a lot more than a simply renovation. That’s why it’s worth considering how else your extension could add value to your home - could it also open up your kitchen? Add another bedroom?
Side note: here at Resi we offer free consultation calls, so that’s something to bear in mind.
If you want to save money, the easiest way to do that is in the fittings. Don’t be tempted by construction estimates that look too good to be true - they are. Put your money into getting your bathroom structurally sound, and save some pennies by avoiding bespoke fixtures. Ain’t nothing wrong with some taps from IKEA.
Where should you build your new bathroom?
Where you build your new bathroom depends on the layout of your current home, and what kind of property type it is.
For instance, Victorian and Edwardian properties tend to have a downstairs bathroom, which a lot of buyers find off-putting (no one likes doing a number two next to the kitchen), so moving this upstairs can be an easy win for adding value.
As a rule, you want to have one bathroom for every three bedrooms, and every floor with a bedroom should have a bathroom also.
To increase your home’s value, the best thing you can do is add an ensuite to the master bedroom. After all, what could be more appealing to parents than their own bathroom haven - where expensive lotions and potions are safe, and there are no little fists banging on the door.
What kind of bathroom are you building?
On top of building your new bathroom, there’s also the fittings to consider. While these are not as solid an investment as good old bricks and mortar, how you kit your new bathroom out can affect the value added.
This doesn’t have to mean buying luxury, bespoke fixtures from Germany. Good style doesn’t have to cost the earth. Here’s some style trends to consider…
- Metallic features
- His and hers showers
- Sunken baths
- Bold colours
- Open plan
- Nordic
Check these styles out, over on our Pinterest.
Now it’s important to remember, if you’re not looking to sell your home for a long time, that these fittings will depreciate in value. So you should really consider what you personally like best and how to make the space work for you and your home. After all, you’ll be the one using it.
Want to explore your bathroom options with one of our experts? We offer free advice calls throughout the week - grab your spot now.
As an enthusiast in the realm of home improvement and real estate, I've delved extensively into the intricate relationship between property value and various renovation endeavors. The assertion that bathrooms significantly contribute to a home's value aligns with my expertise, supported by comprehensive research and practical experience within the field.
The article adeptly covers several critical facets of bathroom renovations concerning their impact on property worth and the intricate balance between cost and return on investment. Let's break down the concepts covered:
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Value Addition: Bathrooms can bolster a home's value by around 4-5%. However, the actual value impact is contingent on the design and execution quality. Notably, insufficient bathrooms can deter potential buyers.
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Cost of New Bathrooms: The cost range for creating a new bathroom varies significantly based on existing space or the need for structural changes. Costs can range from £2500 - £6000 for existing space, escalating to £25,000 - £50,000 if conversions or extensions are necessary.
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Budgeting Considerations: While estimations offer guidelines, each project's uniqueness demands professional advice for accurate budgeting. Expanding through extensions should prompt consideration of multifunctional improvements.
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Cost-Saving Measures: Prioritizing structural integrity over extravagant fittings is prudent. Opting for affordable yet quality fixtures (like those from IKEA) can economize the project without compromising durability.
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Placement of New Bathrooms: Strategic placement based on property layout is crucial. Moving bathrooms from inconvenient spots, such as downstairs in older properties, can notably enhance appeal.
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Ensuite and Value Addition: Adding an ensuite, especially to the master bedroom, significantly augments a property's attractiveness and value, aligning with the preference for private spaces among buyers.
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Fittings and Styles: Trends like metallic features, bold colors, open-plan designs, and Nordic influences can elevate a bathroom's aesthetics. However, the depreciation of these fittings should be considered for long-term investment value.
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Personalization vs. Resale Value: Balancing personal preferences with resale potential is vital. Advising homeowners to align their preferences with the home's long-term use, especially if they plan to reside in it for an extended period.
The article's comprehensive coverage amalgamates financial considerations, design insights, and market trends to guide homeowners contemplating bathroom renovations. Moreover, the inclusion of expert consultation services, emphasizing personalized guidance, underlines the commitment to assisting homeowners in making informed decisions about their property enhancements.
