Bathroom Remodel San Diego
Are Bathroom Remodels Worth the Investment?
San Diego has a prime real estate market for bathroom remodels and updates. Whether you are looking to remodel your forever home or flip an investment property, you can add value to the home by making smart remodeling decisions. It is well-known that kitchen remodeling increases the market value as well as a personal value to a home, but many make the mistake of putting bathroom renovations on the back burner. Bathrooms may be one of the smallest rooms in the house, but they can give you a big bang for your buck.
Bathroom Remodels Return On Investment
Bathroom remodels have an excellent Return On Investment (ROI), especially in the San Diego area. According to the Remodeling 2019 Cost vs. Value Report for San Diego, the ROI of bathroom remodeling is actually slightly higher than that of kitchen remodels. Both kitchen and bathroom remodels have an impressive ROI of over 60%, with bathroom remodels ranging from 63-67%.
Midrange Vs Upscale Bathroom Remodels
A midrange bathroom remodel brings in a 67.1% ROI in the current San Diego market. An upscale bathroom remodel clocks in at 63.1%. What is surprising about these numbers is the difference between midrange vs upscale remodels ROI: it is only 4%. Typically, upscale remodels of any kind have a significantly smaller ROI than midrange upgrades with a 10-20% gap. With the relatively insignificant difference of 4%, San Diego bathroom remodelers do not have to compromise as much between personal value and market value.
Market Value vs Personal Value of Bathroom Remodels
Upscale bathroom remodels usually lean more towards personal value over market value. This means that upscale remodels are usually only good investments for homeowners who plan to enjoy the newly remodeled space for a long time. However, this is not the case with San Diego bathroom remodels.
Market Value of Bathroom Remodels and Design in San Diego
Usually, homeowners are warned to not “price it out of the market”. Real estate agents use this catch phrase to tell you to not go overboard on your projects because you will only get so much back when you sell the home. It is recommended to compromise on what you want versus what the real estate market wants. But with only a 4% difference in ROI, San Diego homeowners do not have to sacrifice personal value for the sake of market value when renovating bathrooms.
When making remodeling decisions, you must consider more than the market value of any upgrades. You must consider what makes your house feel like a home. Even if you are flipping the house, you have to keep in mind your project will be someone’s home. You need to choose bathroom designs and functionality that brings the most personal value. Don’t deny yourself the claw-footed tub you have always dreamed of for the sake of numbers on a spreadsheet. It is harder to quantify, but the personal value must factor into your bathroom remodel design. Contact us today for a free estimate for bath, tile, shower, counter, design, and remodeling. Simply read our testimonials to see what others recommend.
What is the Cost of Bathroom Remodels in San Diego?
As you may suspect, the cost of bathroom remodeling varies from project to project. More accurately, it varies from budget to budget. Whether it is repainting the tile, flooring, counter, walls, replacing the tub or shower, or stripping it down to the studs, and the design, you can gain value with any size budget. San Diego bathroom remodeling contractors can work with you to get the most out of every dollar. But you must be careful who you hire to make sure you get the job done right. A bad design contractor can cost you more time and money than you have.
How Do I Know if a Contractor is Good or Bad?
There are too many horror stories of contractors who have left homeowners worse off than they started. There are certain things you need to consider and red flags to watch out for when hiring a design contractor to renovate your bathroom. You do not want your bathroom remodel investment to turn into a money pit.
Licensed and Insured
First and foremost, you should only consider remodeling contractors who are licensed and insured. You can verify a bathroom contractor’s license to check information, including complaint disclosure. Your contractor should also carry both liability and worker’s compensation insurance.
Liability Insurance
Liability insurance protects you in the event the contractor causes damage to your home. For example, if your contractor’s work on your upstairs bathroom remodeling causes the bathtub to crash through the floor, his liability insurance will cover the damage.
Worker’s Compensation
Worker’s Compensation covers the contractor’s employees if any should be injured while on the job. You don’t want a simple bathroom remodel to turn into a high dollar medical claim.
Highly Rated Reviews
With Yelp, Google Reviews, Angie’s List, and more at your fingertips, you should see what past customers are saying about the contractors you are considering. You can save yourself a lot of money by learning from other people’s mistakes.
Cheaper is Not Better
A good rule of thumb is to throw away any project quote that is significantly less than the next in line. If you find yourself saying, “Wow, these guys are so much cheaper than the rest”, you can almost guarantee they either missed something or have unscrupulous methods. These low-ball bids will cost you more money in the long run.
Should I Remodel My Bathroom?
Bathroom remodels have great personal and market value. The return on investment is equivalent to that of a kitchen remodel but at a much lower cost. Depending on what you get done; the tile, counter, flooring, design, shower, you'll definitely benefit. So, a bathroom remodel is a great choice for those who want to make a drastic change with more manageable costs. San Diego bathroom remodels and design upgrades also have the added perk of maintaining their ROI regardless of the level of upgrade. You can get the bathroom of your dreams while adding real value to your home.
Get in touch today for a free estimate for our services regarding bath, tile, shower, counter, design, and remodeling. Please read our testimonials to see what others recommend. Contact us today for a free estimate!
Original article and pictures take https://www.edisonhomeimprovement.com/bathroom-remodel-san-diego site
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