your remodeling budget – Life is full of the unexpected. That’s why most people have an emergency fund. Too often people look at the money sitting in their emergency fund and decide to include it in their remodeling budget. This is a mistake. Remodeling projects are a favorite for Murphy ’s Law. If you decide to invest your emergency fund in your remodeling project, you all but guarantee something will go wrong in the middle of the project that’ll drain that fund and leave you with a half re-finished bathroom.
The Pros of Remodeling the Bathroom of an Investment House – Give it the WOW factor! The Wow factor is probably the major reason you would renovate the bathroom. There are three rooms that you want to be impressive; and the bathroom is arguably number one. Mr. and Ms. Buyer will often make their decision based on the condition of the bathroom.
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Uncomfortable to Luxe – Before. The 1970s fixtures and finishes had seen better days and the toilet and tub were uncomfortable. After. The black-and-white ceramic tiles on the floor make a fun and fresh statement in the narrow space. Designer Susan Klimala of The Kitchen Studio of Glen Ellyn then added in more black, white and gray features to keep the palette calm and inviting. The most dramatic change comes at the end of the room, where Klimala replaced the brown tub with a sleek white tub and sliding glass door.
Another one of the many cons to remodeling your bathroom is what it can do to your home. As you may already know, it is possible for a bathroom remodeling project to increase the value of your home. While an increase is likely to occur, it is not guaranteed. If your home’s value does increase because of a bathroom remodeling project, it will all depend on how much remodeling was done and the result of that remodeling. A professional or quality remodeling job is likely to produce the best increase in value.
Closed-In to Spacious – Before. The owners thought the existing 1980s style didn’t do enough to complement the beautiful views outside the window. And they didn’t love the dark shower stall or the laminate countertop. After. The new custom floating vanity made from walnut instantly catches the eye. Designer Rachelle Gervais complemented the vanity with a walnut-framed mirror that reflects light from the window and skylight throughout the room. To the right, Gervais replaced the shower stall with a glass one, which keeps the room feeling open and lets the homeowners take in the grand view while they shower.