Q: Lynly, my family will likely be moving in about three years from our home. We have done nice updating throughout the house, but our master bathroom is woefully in need of some updating as it was last updated in the early 80’s. Does it make sense to remodel?
A: While you will likely not recoup everything you put into your bathroom remodel, it may indeed be worth the time and effort. Furthermore, if your home can stand out from the competition when it does come time to sell, you may benefit from a shorter time on the market and higher sale price. Of course, until then, you can enjoy your bathroom.
According to Remodeling Online, their Cost Vs. Value Report, if a bathroom were remodeled and the house sold within one year, an average rate of return was 84.9%. The average spent was $12,918 with $10,970 recouped.
However, if the floorplan of your bathroom doesn’t need attention and your cabinets are in good shape, you may be able to get away with a much less-intensive remodel. Here are three simple upgrade ideas that can boost appeal relatively quickly…
1. Add a glass tile backsplash to an older sink/vanity.
Glass tile backsplashes are quite easy to install, and they instantly impart a newer feel to older bathrooms. The photo below shows how a new backsplash livens up an original 1970’s vanity.
2. Replace hardware, mirrors, and lighting.
Something as simple as a new faucet or modern style drawer handles can add pizzazz to an older vanity. If mirrors and lighting are dated, swap them out for a more contemporary style. Oiling a worn out oak cabinet with Danish Oil can revitalize the wood and make it look much newer.
3. Replace old flooring with resilient vinyl plank flooring.
‘Resilient’ tile and plank is a new generation of high quality vinyl that looks like tile and hardwood. It is easy to install and holds up well in areas that are prone to water damage, such as bathrooms and laundry rooms. Note: Interlocking planks may be easier to install than the self-stick variety, and they are also easier to remove later on.
If you’d like more ideas on what you might do to update other areas of your home, feel free to send me an email. I’d be happy to give you my opinion!