Typically, bathrooms have the potential to add between 4-5% onto your home’s value. But this can go up or down, depending on how you execute your design and build.
While adding on a new bathroom might not give you the same kind of returns as renovating your kitchen, not having enough bathrooms can be a leading cause of buyers being put off a property. If you find yourself getting annoyed that you keep finding the bathroom engaged every morning, you can bet potential buyers aren’t going to want to take that off your hands.
So if you think your home could do with a bathroom makeover, here’s what to consider...
How much does a new bathroom cost?
If you already have the space, then creating a new bathroom can cost between £2500 - £6000. However, if you need to convert a loft, or add an extension, that price jumps to between £25,000 - £50,000.
These are just rough estimates, no two projects are the same, so it’s worth speaking to a professional when it comes to budgeting. However, as you can see, having an extension costs a lot more than a simply renovation. That’s why it’s worth considering how else your extension could add value to your home - could it also open up your kitchen? Add another bedroom?
Side note: here at Resi we offer free consultation calls, so that’s something to bear in mind.
If you want to save money, the easiest way to do that is in the fittings. Don’t be tempted by construction estimates that look too good to be true - they are. Put your money into getting your bathroom structurally sound, and save some pennies by avoiding bespoke fixtures. Ain’t nothing wrong with some taps from IKEA.