Increasing Real Estate Value: Additional Bathrooms

16 Oct

Increasing Real Estate Value Additional Bathrooms

In the realm of real estate, heavy competition is common. Home improvement is an excellent tool for attracting more potential buyers. One of the most common home improvement ideas that will immediately enhance the attractiveness of your home is having an additional bathroom installed. While the kitchen is widely considered the focal point of the average home buyer, bathrooms are becoming more important in that additions add serious value to a home; this is according to the NAHB of the National Association of Home Builders.

Based on home valuation estimations, half bath adds up to 10.5% on the home’s value, while full bathrooms add 20%!There are many cost valuations to consider when building an additional bathroom into your home. One of the things to consider is the region or location your home is in. According to Remodeling magazine, if you plan to have a new bathroom installed in your home on the West Coast, prepare for a cost of almost $50,000. Don’t be immediately discouraged by what you have to pay. The monetary gain will be reaped in the sale of the house.

For those with very tight budgets, don’t be discouraged if you aren’t able to afford an additional bathroom. If you can’t add a new one, remodel your existing bathrooms. This still increases the value of your home. Add new bathroom fixtures, re-paint, and install new bathroom flooring.

Jennifer Fields
Oklahoma City & Edmond Real Estate Agent
405.330.0031

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