Should I Paint My Bathroom To Help Me Sell My Home?
It’s no secret that making minor and major renovation before putting your home on the market can help you sell it faster and for more money.
But what renovations are worth it?
From repairing your roof to painting the exterior of your home, there are a number of worthwhile renovations that can boost your home’s value.
One area of your home that you may be unsure of is your bathroom. Will repainting or making renovations to such a small area of your home make much of a difference? Let’s look at whether or not painting your bathroom before selling your home is worth the trouble.
Why Bother with Renovations?
For some people, renovations may not be worth it. If your main concern is to sell your home as quickly as possible, renovations aren’t practical.
However, if you have the luxury of time, renovations are a great way to maximize your return. This is particularly important if your mortgage isn’t paid off. There are a variety of home improvements you can make which will add significant value to your home and outweigh your costs.
If you’re looking to maximize the value of your home before a sale, home improvements are a must.
Should You Paint Your Bathroom?
Whether or not you should paint your bathroom depends on a few factors.
If your bathroom is in bad shape, repainting is a great idea. If the paint is worn, faded, and peeling, it may give off the impression that you haven’t taken care of your home. Additionally, bold colors like bright yellows and greens aren’t for everyone. When buyers your home, they want to be able to see themselves living in it. That can be difficult if the colors inside your home aren’t appealing.
However, the color alone may not have a big impact on the value of your home — at least not as big as other factors. Zillow reported that bathrooms painted in shades like tan and beige only sold for about $280 more than other houses, on average. Bathrooms painted in less appealing colors, like dark-brown, sold for about $470 less, on average. When you’re talking about selling a home worth over $100,000, these changes aren’t very significant.
The color of your bathroom may not significantly affect your home’s value, but that doesn’t mean it’s not worth it to repaint. While you may only be able to increase your sale price by a few hundred dollars, afresh coat of paint can do a lot to attract potential buyers. It gives the impression that you care for your home and have made an effort to make improvements before selling. This can build buyer confidence and help them trust that their new home will be in good condition.
The bottom line is that painting your bathroom may not be worth it if your only concern is adding monetary value, but if you have the time and money to do it, it can add a little bit of value and make your home appealing to more house hunters.
Other Renovations to Consider
Beyond painting your bathroom, there are several renovations you can consider making to add value to your home, including:
- Repairing your roof
- Fixing appliances
- Repairing and replacing windows and doors
- Fixing safety equipment
- Taking care of safety issues
- Repainting the exterior of your home
These changes, among others, can be a great way to quickly and cost-effectively add value to your home before putting it on the market.