8 Bathroom Renovations That Will Hurt Your Home’s Value
You’ve undoubtedly heard the saying: “Kitchens and bathrooms sell houses.” And it’s true. Nothing will appeal to buyers more than clean, fresh, modern kitchens and baths.
If you’re about to embark on a bathroom remodel, it’s important to know your goal. Are you undertaking this project to suit your family and your tastes for years to come, or do you have an eye on selling your property now or in just a few years?
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If your answer is the latter, you’ll want to choose colors and products that have mass appeal and reflect the size and scale of your home. Otherwise, your investment in your bathroom actually could cause the value of your home to drop.
“One renovation that reduces a home’s value related to the bathroom is making it too luxurious, especially if the property is on the lower price range and the renovated bathroom does not match the overall home style,” said Daniela Andreevska, the vice president of content for Mashvisor, a real estate data analytics company. “Luxury bathrooms with expensive tiles, dark colors and a freestanding bath can be great, but they belong to spacious, traditional, luxurious properties. But redesigning the bathroom of a relatively small, modern, affordable home is a huge mistake.”
Here are some bathroom remodeling no-no’s that could lead to a drop in your home’s value.