In most homes today, the bathroom is one area where proud owners can showcase their pride and excellent taste in design. It is also an area where you can have total privacy, reconnect with your inner self, feel recharged from the hustle and bustle of a wearisome day, and enjoy a therapeutic bath.
A study has shown that for potential homebuyers, the bathroom is inevitably an area they pay special attention to — observing everything from the colour theme, quality of finishes, fixtures and faucets, to practical space layout.
This holds true whether the buyer is looking at a luxury 5-star home or an entry-level studio apartment. Bathrooms have an outsized impact on whether a home will be considered for purchase.
If you are a proud homeowner considering putting your property on the market and have a bathroom that is dated in design, you may want to consider improving or renovating your toilets. Doing so will dramatically enhance the value of your property.
Remodeling magazine has reported that on average, you will recover about 88% of the investment you put into upgrading your bathrooms. If you do not intend any other form of home improvement prior to listing your property for sale, simply giving your home a fresh coat of paint and upgrading your toilets will enhance the saleability of your home as a whole.
Depending on the extent of your upgrade, a basic overhaul for the purpose of putting your property on the market can cost about $2,500 per bathroom — and up to $5,000 for those who want the best of everything in luxury and indulgence.
For a deeper dive into bathroom planning, you may also like to read our companion guides on budgeting for the bathroom and how to plan and design your bathroom.