Bathroom Improvements That Increase Rental Value

It’s no secret that properties with updated bathrooms tend to rent for more. Whether you’re a landlord or a homeowner interested in increasing the value of their rental home, bathroom improvements should be at the top of your list. Not sure what to focus on? Here are a few bathroom improvements that can help bump up the rental value:

Quick Fixes

Many quick fixes can restore the look and feel of your rental bathroom. Small details like new drawer pulls, refresh tile grout, and new caulk around your bathtub can go a long way. You may even want to consider replacing your toilet seat for a newer model or giving a worn sink a fresh coat of paint.

Add a Vanity

Give your bathroom a modern feel with a vanity. You can choose a wall-mounted option that offers more floor space and prevents water damage. Add a lighted vanity mirror as well to give your rental guests a more luxurious experience.

Lighting

Another simple option is to improve the lighting in the space. Adding fixtures to brighten up a bathroom can make a huge difference. Consider adding a lighted vent fan to minimize moisture buildup as well.

Paint

Replacing wallpaper or painting your bathroom walls can significantly improve the overall look of the space. To add a little character, add a wainscoting or tiling to the design.

Tile

Installing new tile or stone flooring can be tricky and time consuming, but it pays off in the long run. Guests love a beautiful and reliable tile floor that stands up to water damage and looks new year after year.

Fixtures & Faucets

Bathroom fixtures and faucets provide an opportunity to give your rental bathroom a style. Choose from several options, including oiled bronze or contemporary chrome. Make sure to select a style that’s both functional and attractive.

Insulation & Moisture Barriers

Finally, be sure to address any insulation and moisture barriers. Leaky pipes or lack of proper insulation can raise utility bills and cause damage to the environment. Consider having a professional come in to inspect the space and address any issues.

Bathroom Accessories & Décor

To really make your rental bathroom stand out, add a few accessories and items of décor. Things like shower caddies, candles, and a few pieces of art can help personalize the space.

Conclusion

Whether you’re a landlord or a homeowner interested in increasing the value of their rental property, a few simple bathroom improvements can go a long way. Remember to consider quick fixes like new drawer pulls, refresh tile grout, and new caulk; as well as more complex additions like a vanity, tile, and fixtures; and finish off with a few items of décor. Making the effort to spruce up your bathroom can make a huge difference in its value and will ensure your guests’ satisfaction.

Summary : Bathroom Improvements That Increase Rental Value

• New drawer pulls, refresh tile grout, and new caulk around your bathtub can go a long way.
• A vanity, lighted vanity mirror, and light fixtures can improve the look and feel of the bathroom.
• Consider replacing wallpaper or painting the walls, installing new tile or stone flooring, and updating fixtures and faucets.
• Be sure to address any insulation and moisture barriers as well.
• Finally, accessories and items of décor can help personalize the space.

By making a few simple changes to your bathroom, you can create a more attractive and luxurious experience for your rental guests – all while increasing the rental value of the property. What are you waiting for? Get started on your bathroom improvements today and reap the rewards of a more valuable rental property.

What does it cost to make bathroom improvements to increase rental value?

The cost of making bathroom improvements to increase rental value depends on the project and the size of the room. Basic updates like painting, replacing fixtures, and refinishing countertops can range from $500 to $2,000. Upgrades like adding tile or fixture upgrades may cost more. Installation of a new bathtub, toilet, and flooring can range from $2,000 to $5,000. It is also important to consider recommended energy-saving upgrades, like installing low-flow faucets, showerheads, and toilets. This can range from $500 to $1,000. Finally, depending on the size of the room, ventilation improvements may be necessary and can cost up to $2,000.

What factors should I consider when remodeling a bathroom to increase rental value?

1. Functionality: Make sure you are targeting the functionality of the bathroom before anything else, as people are likely to want a fully functioning bathroom in a rental property. This includes making sure all of the plumbing, electrical and other systems are updated and running properly.

2. Cleanliness: As well, you should ensure the bathroom is kept clean, and if necessary, fully redecorated to give it a “like new” feel.

3. Space: Bathrooms in rental properties should be fairly spacious so people have space to move around or relax and get ready. Consider if any of the existing space can be used better, such as adding a towel rack or installing a larger sink.

4. Style: Depending on the demographic the rental property is targeting, you should also consider the style of the bathroom. Is the style modern, traditional, or somewhere in between?

5. Storage Space: Wherever possible, try to add storage space to the area so people can store their belongings easily.

6. Lighting: Good lighting can make all the difference in a bathroom. Look at adding additional wall sconces, overhead lights, or even dimmer switches to set the mood.

7. Ventilation: Lastly, ventilation is important for a functional and healthy bathroom. Make sure your ventilation is up to code and working properly.

What type of bathroom upgrades will add the most value to my rental property?

1. Updated fixtures – Replacing outdated fixtures such as toilets, showers, and sinks with modern, high-efficiency models can significantly improve the look and value of a rental property.

2. Bathroom lighting – Adding new lighting fixtures, updating existing lighting fixtures, and changing out old lightbulbs to LED bulbs can add a touch of modernity to the bathroom while increasing the value of the property.

3. New tile – Replacing old, outdated tile with fresh, stylish tile can add a great touch of elegance to the bathroom while increasing the rental value of the property.

4. Fresh paint – A fresh coat of paint can repaint tired and stained walls, giving a clean and modern feel and increasing the value of the rental property.

5. Hot water heater – Increasing the efficiency of the hot water heater by installing a new, energy-saving model can reduce energy costs and increase the value of the rental property.