February 23, 2012

Bathroom Benefits: Additions

It’s a buyer’s market — this is an unfortunate truth for sellers, a promise of weak bids and high demands. Consumers are craving more than the standard properties; they’re instead wanting perfection (for bargain prices). And this translates into constant revisions and renovations for even the most seemingly ideal structures… including yours.

Your home needs more than pristine decor to attract attention. It instead needs space. Buyers are wanting convenience with their purchases and square footage is forever in demand — never more so than the inches found in an extra bathroom.

The most profitable addition a seller can make is one of a bathroom. These spaces (despite often being among the smallest rooms in the house) can generate great interest from consumers: sparking thoughts of family friendly homes and endless storage capabilities. It’s recommended therefore to add an extra one — or two — within a property.

The average bathroom addition requires 40 square feet (though half-baths demand only 20). It is essential that you have the necessary space for this addition — whether through working within the established structure or creating a new one. Be sure the plumbing can be redirected as needed and also remember to include certain elements within the room to make it appealing to buyers: such as a soaking tub, updated fixtures, double sinks and wide counter-tops.

While some may think such elements to be unnecessary, bathrooms will soon prove to be ideal — generating an average 90 percent return for most homes. This increases the value of each house considerably and allows sellers to raise their prices.

And that is forever wanted in real estate.