Not all home renovations are created equally. Some updates can add considerable value to a home, while others may not fully pay out at the time of resale. Additionally, there are other renovations that can actually have a negative impact when it comes time to sell your home.
Removing the bathtub
If you plan to sell your house at any time in the near future, then you may want to think twice about ditching your tub. This is especially true if it is the only bathtub in the house or the tub in the main bathroom. Why? Because the absence of a place to bathe small children will immediately disqualify your house for many homebuyers.
Alternative: If you really want to ditch your tub in favour of a standup shower, make this renovation in your ensuite only. There should always be a bathtub in your primary bathroom.
Enlarging the ensuite at the expense of another bedroom
While most homebuyers do love to see an expansive, spa-like ensuite in a home, stealing space from an adjacent bedroom or eliminating the bedroom all-together can work against you when it comes time to sell your home. More often than not, homebuyers place a higher value on having sufficient bedrooms in the home than on the presence of a large ensuite.
Alternative: If enlarging your bathroom means subtracting space from another room, look to your master rather than taking from another room. Many master bedrooms have pockets of unused space, so expanding your ensuite within the master can still leave you with sufficient space.
Adding a laundry suite
Having an upper floor laundry room is a dream for many homeowners. It eliminates all of the up and down and puts washing and drying facilities closer to the closets. However, you will find that many people are vehemently opposed to the idea. The threat of hose malfunctions and possible flooding, the heat from the dryer, and the machine noise and vibration disturbing sleeping children are just some of the reasons why 2nd floor laundry facilities don’t work for some families.
Alternative: If your laundry room presently resides in the basement, consider bringing it up to the mainfloor, rather than all the way up to the 2nd floor.
Adding a vessel sink
A vessel sink is the type of bathroom sink that looks like a washbasin sitting on top of the counter. These sinks have been on-trend for several years and can add an attractive, modern touch to your bathroom. The issue is that they tend to be a love it or hate it type of item (much like 2nd floor laundry rooms). So, you may end up alienating potential homebuyers who don’t like the look. Vessel sinks also tend to have a high splash point when water hits them too forcefully. This is something that homeowners with small children may consider to be a negative.
Alternative: Consider installing an undermount sink to update the look of your bathroom.
At the end of the day, your home is your home, and the best renovations are those that make you happy. Just try to keep your home’s resale potential in mind as you plan.
Published Darla Grant-Braid
*Article courtesy of EiEiHome