When it comes to home improvements, the conversation often circles around the question of value—specifically, how much does a bathroom renovation add to the value of your home? It’s a relevant question, especially in the tough housing market of Hamilton, Canada, where homeowners prefer maximizing their property’s appeal and worth.
This article will give you a clearer picture of how bathroom remodels can increase a home’s value in Hamilton.
The average cost of bathroom renovation in Hamilton, Canada, can vary depending on a few factors. However, a typical bathroom remodel can range from CAD 3,000 to over CAD 20,000.
For instance, a basic, small bathroom remodel where you’re simply changing fixtures and a fresh coat of paint might cost around CAD 3,000 to 5,000. This usually includes changing out the toilet, vanity, light fixtures, and possibly the flooring. A more extensive remodel involving high-end fixtures, custom cabinetry, new plumbing, tile work, or expansion of the bathroom might cost CAD 10,000 to 20,000 or more.
Keep in mind that these are just estimates, and the actual cost can increase if you encounter any unexpected problems, such as water damage or outdated plumbing that needs to stay up to code. Talk to your contractor for a more accurate quote.
Whether you’re updating fixtures like faucets and lighting fixtures or expanding your dream bathroom’s footprint by incorporating additional storage or a new layout, these decisions can significantly impact the overall value and outcome of the project. However, ensure that it’s a well-designed renovation plan that meets your desired price point.
Using a wide range of high-quality and durable materials in your renovation enhances its value and increases its appeal to potential buyers. Customers are often drawn to items that last long and are made with superior materials, as they perceive them to offer better quality and longevity.
This attention to detail in material selection can set your bathroom apart in a competitive market, attracting discerning buyers looking for reliability and longevity in their purchases.
Skilled contractors bring a high level of precision, ensuring that all installations and renovations are done correctly and to the highest standards. Remember that poor quality can lead to problems down the line, such as leaks or mould, which can detract from the value of your home rather than enhance it.
On the other hand, bathroom renovation contractors who can execute the renovation project flawlessly can boost its functionality and aesthetic appeal. Their ability to deliver on time and within budget affects the project’s final cost, influencing the return on investment.
Choosing the right bathroom renovation experts can mean the difference between a project that enhances the value of your home and one that does not.
The local real estate market significantly influences the outcome of your renovation project in terms of added value. Understanding the market trends, demand for certain features and neighbourhood dynamics can help you make informed decisions that maximize ROI on a bathroom remodel project.
A complete bathroom renovation before selling a home can be an excellent investment, often showing a significant return on the money spent. Bathrooms, alongside kitchens, are among the most closely inspected rooms by prospective buyers. A modern, well-appointed bathroom can not only make your property more appealing but also increase its overall value.
Research suggests that homeowners can recoup a substantial percentage of their investment in a bathroom remodel at the time of sale. However, you should focus on renovations that enhance appeal and functionality without overspending. Simple upgrades like fresh paint, new fixtures, and updated lighting can dramatically improve a bathroom’s appearance without a full-scale renovation.
The first step starts with planning and designing the bathroom. Determine what improvements and modifications are required. Consider the style and layout, select colours and decide on the functionalities.
Also, consider using energy-efficient appliances, water-saving devices and high-vent functions for your bathroom fan. The planning stage also includes setting a budget based on the size of the renovation, the amount of work needed and the types of materials you plan to use. Don’t forget to consider the entire bathroom renovation costs to ensure you don’t lack the materials or features.
Depending on your local regulations, you may need permits for certain types of work, including electrical, plumbing or structural changes. They ensure that the work will be inspected and comply with building codes. Check with your local government offices or a trusted contractor to see what’s necessary.
Once the permits are received and the renovation is approved, the next step is demolishing the old bathroom by hiring a dedicated team of experts. This involves stripping off the existing bathroom fixtures and pieces, such as the tub, tiles, floor, vanity and toilet. Ensure your contractor uses safety gear to prevent injury.
Once the plumbing and electrical work is inspected and approved, it’s time to install the drywall and apply the primer and paint. You should use moisture and mildew-resistant paint due to the high humidity levels in the bathroom.
The next step is to install the flooring and walls. Wet areas need non-porous wall and floor tiles to prevent water absorption. Ensure you use waterproof adhesives.
Install the bathtub (if using) and showering area. Don’t forget about the shower heads and taps. If you’re using a glass enclosure, have it custom-made to fit your bathroom. After that, install the vanity, which includes the bathroom sink and taps, cabinetry and countertops.
Ensure you install the toilet correctly to prevent any potential leaks. You can opt for a more modern-looking one-piece toilet that you can clean more easily or choose a two-piece toilet if you are on a budget.
Finish up with the smaller details — installing mirrors, light fixtures, towel racks, hand towel rings, toilet paper holders and cabinets or shelves for storage.
After finishing all the work, check each component carefully to give you peace of mind. Ensure the plumbing and electrical fixtures are working properly, check the water flow in sinks, showers and tubs, and ensure the drain system works well.
The final step in the bathroom remodel process is a cleanup. Properly discard or recycle debris and then clean the newly installed factors.
Renovating your bathroom can be valuable, especially in Hamilton’s competitive real estate market. Not only does it enhance your living experience, but it also contributes to your home’s overall value. While it is complex to determine the exact ROI on bathroom remodels, considered improvements tend to yield a favourable return.
If you need to talk to a professional bathroom contractor, look for Ambrosio Construction & Renovations. We have the knowledge that will help answer your questions about bathroom remodelling, from the entire costs up to assisting with the bathroom designs. We also create barrier-free bathrooms to create a safer space, and we only use industry-leading materials to make your bathroom last longer.
Contact us for an estimate for your bathroom renovation project.