Will Renovating My Bathroom Add Value To My Property?

Thu 28 Mar 2024

When it comes to enhancing your home's appeal and functionality, few renovations hold as much potential as upgrading your bathroom. If you own a property in St Helens, you might be asking yourself: 'Will renovating my bathroom add value?' Well, our expert team at Burns and Reid all agree that a quality bathroom can add value.

A study by Direct Line Home Insurance revealed that updating a bathroom can increase the value of a property by almost £9,000. So, let's look at bathroom upgrades and explore why they are a sound investment for homeowners.

Best Renovations For Your Property

Your property's value can be influenced by many factors, including the condition of your home. Replacing kitchens or a new bathroom are two of the biggest expenses when it comes to renovations and two of the best! However, before embarking on a renovation project, weigh up how much value it might add and the potential return on investment (ROI) versus the costs involved.

The bathroom isn't just a functional space. It's a calming place where relaxation, self-care, and rejuvenation can happen. So let's explore the question, 'Will renovating my bathroom add value?' should you decide to sell your home in the future.

Enhanced Aesthetic Appeal

Aesthetics play a significant role in a bathroom's appeal, therefore a beautifully designed, modernised bathroom can create a lasting impression. Picture stylish fixtures, contemporary tiles, and a clean, inviting atmosphere with a fresh smell. These elements can instantly elevate your property's charm.

Improved Functionality

Functionality is paramount in any living space, and the bathroom is no exception. Outdated or inefficient fixtures or layouts can hinder daily life and deter potential future buyers. A thoughtfully planned renovation can optimise the layout, enhance storage options, and improve overall functionality. This makes your home more attractive and offers a more comfortable lifestyle for you and your family.

Energy Efficiency

The UK is increasingly focusing on sustainability and energy efficiency, so this means installing eco-friendly features can be wise. By adding low-flow toilets, LED lighting, and energy-efficient extractor systems, you can reduce utility bills and appeal to environmentally-conscious buyers.

Increased Property Desirability

Homes with multiple bathrooms are often more desirable, especially for larger families or those seeking added convenience. If your renovation involves adding an extra bathroom or converting a cloakroom into a shower room, it can boost appeal and value. For an up to date valuation of your property in St Helens, click here.

Staying Current with Market Trends

The property market in the UK is always evolving, and bathroom trends can influence your home's value. With this in mind, features like walk-in showers, freestanding bathtubs, and smart bathroom technology are becoming more sought after. Staying up-to-date with these trends can ensure your bathroom renovation fits with current buyer preferences, increasing your home's marketability.

Considerations for St Helens Homeowners

It's clear that the answer to 'Will renovating my bathroom add value' is yes! However, as a homeowner, you should approach your project with consideration.

Bathroom Budget and ROI

Establish a clear budget that reflects your property's overall value. Striking a balance between renovation costs and expected increases in property value is crucial. Research local property prices to gauge the potential ROI of your bathroom upgrade.

Bathroom Planning and Design

Effective planning and thoughtful design are essential for a successful bathroom renovation. Consulting with a professional designer can ensure your renovation results in a space that adds real value to your home.

Quality Workmanship

Investing in high-quality workmanship is vital to ensure your bathroom renovation stands the test of time. Cutting corners on materials or labour may lead to costly repairs later, which can negatively impact your home's value.

Building Regulations for Bathroom Renovations

Familiarise yourself with building regulations for bathroom renovations because failure to comply could mean complications and affect your home's value.

Enjoy Bathroom Benefits Now - And Plan for the Future

A bathroom renovation done well has the potential to add significant value to your home while also making your property more appealing to future buyers or tenants.

If you're a homeowner thinking about renovating your property in St Helens and are wondering how to improve the value of your home, get in touch with the team at Burns and Reid. We would love to hear from you and give you some guidance.

Frequently Asked Questions About Renovating a Bathroom Suite for Adding Value to Your Home

Will adding storage space in my bathroom increase my property's value?

Yes, adding storage space in your bathroom not only enhances functionality but also contributes positively to your home's appeal, potentially increasing its value.

How can a downstairs bathroom renovation impact the master bedroom's value?

A well-designed downstairs bathroom can add convenience to the master bedroom area, making it more attractive to potential buyers and potentially increasing the overall value of the property.

Does maximising floor space in the bathroom contribute to the property's desirability?

Absolutely, optimising floor space in the bathroom creates a more open and comfortable environment, increasing the desirability of your property and potentially boosting its value.

Will a loft conversion or outdoor space renovation add more valuable space to my property?

Yes, both loft conversions and outdoor space renovations can significantly increase the valuable space in your home, potentially leading to a higher property value.