Is Bathroom Remodeling in Albuquerque Worth the Investment?
If nothing else, a bathroom remodel gives you the opportunity to transform, repair, and rejuvenate this precious space in your home. When wondering if your bathroom remodel is worth the investment, there are key questions to ask yourself and goals to establish.
At Yourson Construction, we specialize in bathroom remodeling in Albuquerque. We always ensure that your bathroom becomes everything you envisioned it to be. Give us a call to schedule an appointment.
Here are the questions you should ask yourself, the goals you should identify, and how to prepare for your bathroom remodel.
Ask Yourself These Questions
It really boils down to why you want to perform a bathroom remodel. Here are some questions to ask yourself that will help determine if remodeling your bathroom is worth the investment.
Am I trying to add more value to my home?
Do I want a new look?
What do I want to change about my bathroom?
What can I comfortably afford to pay for my remodel?
Am I willing and able to seek financing for this project?
How you answer these questions establishes your goals and better predicts whether your remodel would be worth it to you.
If Wanting to Improve Your Home’s Resale Value, Bathroom Remodels Aren’t the Best Choice
In 2019, the National Association of Realtors released a report discussing remodels’ financial impacts on home resale values.
Bathroom remodels, along with other home renovations, made little impact on resale values. Only 4% of homeowners reported that it helped them close a sale. Adding a bathroom only impacted sales by 1%.
Overall, expect to recoup 60% of a bathroom remodeling cost upon resale and only 50% on an additional bathroom.
If your goal involves improving the resale value of your home, a bathroom remodel won’t be worth the investment.
If Wanting to Remodel Your Bathroom for Your Personal Benefit, Then It’s the Best Choice
Depending on which statistics you want to look at, the average person spends anywhere from 125 to 200 hours a year in their bathroom. It makes sense that after all that time we spend there, we want this space to be comfortable, pleasing, and functioning.
If you want to repair lingering issues, improve the look of your bathroom, or just want to try something new, a bathroom remodel is definitely worth it.
Planning for a Bathroom Remodel
Planning your bathroom remodel helps you determine what you can afford and the options available.
What’s your budget?
Determining what you can afford helps you see what can be reasonably done. How much can you pay out-of-pocket? Can you comfortably afford financing options?
What do you want to remodel?
Remodeling involves many different aspects. What needs to be repaired? What needs to be replaced? What would you like to change and how?
What kind of materials are available?
Fixtures, paint, tile, and accessories come in a wide range of colors, styles, and materials. Do some research to determine what kind of materials you desire compared to what you can actually afford.
Are you comfortable performing the work yourself, or do you need to hire a bathroom remodeling contractor?
Everyone has different comfort levels and skills surrounding remodel projects. You might be able to save some money if you feel confident in doing some, if not all, of the remodeling yourself.
Even if you think you can handle the job, and especially if you know you can’t, it’s always a good idea to get a few quotes from bathroom remodeling contractors. That way, you’ll get a complete picture of all the costs involved in what you want to accomplish.
Trust Your Albuquerque Bathroom Remodel to the Experts
Yourson Construction has been remodeling Albuquerque’s bathrooms since 1991. Whether you need a home bathroom remodel or a commercial bathroom installation, our years of expertise mean you’ll receive a quality job meeting all of today’s building codes.
Contact us today to schedule your Albuquerque bathroom remodeling estimate!
