Though one of the smallest rooms in the house, bathrooms can have a big impact on your home’s value. Outdated bathrooms can be a big turn off for potential buyers and an embarrassment for homeowners. But is remodeling a bathroom worth the expense? It sure can be in Seattle, Washington.
Seattle ROIs Outshine National Averages
Most Seattle homeowners are unaware of the unique advantage they have in the real estate market: exceptional ROIs. Seattle’s return on investments on remodeling projects outshine not only the national average but also the Pacific Coast average. And that’s across the board, not just for bathroom remodels.
According to the Remodeling 2019 Cost vs Value Report, the total average return on any remodeling project is a whopping 88.4%. The Pacific average of any remodeling project is only 77.9%, and the national average is a measly 68.6%. That means Seattle homeowners get to enjoy 20% greater returns on their investment than the majority of homeowners in the country!
What’s the ROI for Bathroom Remodels in Seattle?
Seattle’s ROIs are all great, but what about bathroom remodels specifically? The Cost vs Value Report groups bath remodels into three categories: midrange, upscale, and universal (accessible) design. A midrange remodel works with the existing floorplan and focuses on the cosmetic. An upscale upgrade also alters the layout, which may include moving plumbing and walls. A universal design makes the bathroom accessible, while making some cosmetic improvements.
With a midrange remodel, Seattle homeowners can expect an 89.6% return on investment. That’s huge! An upscale remodel has an average ROI of 79%, and 71.6% for an accessible bathroom remodel. It is typical for upscale and accessible remodels to have a lower return on investment because of the added costs. But even Seattle’s lowest ROI for bathroom remodels is nearly 10% higher than the national average.
Midrange vs Upscale Bathroom Remodel
Seattle bathroom remodels give a big bang for your buck, but that doesn’t mean you should spend freely on your renovation. It is still important to weigh the pros and cons of midrange cosmetic upgrades vs an upscale overhaul. Accessible bathroom remodels overlap these pros and cons, depending on the changes you make.
Pros of Cosmetic Upgrades to Bathroom:
- Most affordable design
- Highest ROI of any bathroom remodel design
- Faster renovation
Cons of Cosmetic Upgrades to Bathroom:
- Limited design options
- Must work with existing layout
- Less customizable
Pros of Upscale Overhaul of Bathroom:
- Customized to your dream bathroom
- Improved layout and functionality
- More personalized design
Cons of Upscale Overhaul of Bathroom:
- More costly
- Bigger renovation takes longer
- Lowest ROI (but still high in Seattle)
How Much Do Bathroom Remodels Cost in Seattle?
Professional bathroom remodels can cost anywhere from several thousand dollars to nearly $100,000. But the majority of midrange bathroom remodels fall between $10,000 to $25,000. With upscale bathrooms, the sky is the limit depending on what you want. The good news is you can work with the budget you have.
The best remodeling contractors Seattle has to offer will be able to make the most of your budget, and your investment. A series of smart decisions can lead to a spa-like bathroom without breaking the bank. For example, keeping your bathroom vanity but replacing the countertop can make it seem like an entirely new piece. And never underestimate the power of a fresh coat of paint!
What Bathroom Upgrades Add the Most Value?
This question is difficult to answer simply because it depends largely on your existing bathroom’s functionality. If your bathroom’s layout is awkward or cramped, then opening up walls and moving plumbing could be the most valuable investment. After all, a master suite bathroom where you can sit on the toilet and brush your teeth at the same time isn’t going to appeal to buyers. Nor do homeowners want to crowd around one sink to get ready in the morning.
But, in general, the following upgrades offer the best value:
- Fresh paint
- Double sinks
- Custom fixtures
- Custom lighting
- Double shower heads
- Ample storage
- Heated elements, like towel racks, benches, or flooring
Should I Remodel My Bathroom?
Thankfully, Seattle homeowners are able to answer this question more easily than most because they’ll see a solid return on their investment. So, if you are asking this question in Seattle, then the real question should be, “Do I want to remodel my bathroom?” If you do, we would love to help you maximize your ROI and personal enjoyment of your bathroom.
We’re not just remodeling contractors; Seattle is our home. We take pride in improving the lives of our neighbors and the value of our neighborhoods. Please Contact Us today to receive a preliminary quote for your bathroom remodel in Seattle. We’ll help make your dream home a reality.