Bathroom Remodel Okc. On each flip project a decision must be made as to whether or not the bathroom(s) need to be remodeled. The decision to remodel the bathroom of an investment property is one of the biggest you’ll make as it will also result in one of the largest costs in terms of time and money. The net financial result is what should concern you. Will the remodeling yield a profit on it’s own, or at least contribute proportionately to the overall profit.
The Pros of Remodeling the Bathroom of an Investment House:
Give it the WOW factor! The Wow factor is probably the major reason you would renovate the bathroom. There are three rooms that you want to be impressive; and the bathroom is arguably number one. Mr. and Ms. Buyer will often make their decision based on the condition of the bathroom.
Whether you choose to remodel the whole thing or just replace certain components should be based partly on the criticality of the bathroom in the buy-decision. Done properly a bathroom renovation could well be the deciding factor between getting your price and not selling your house.
An ugly, poorly maintained bathroom will have the potential buyers lowering their pricing expectations disproportionate to the amount it would cost to renovate it. A buyer purchasing a renovated house has expectations that certain things are in good shape – that’s why they’re buying a house that’s already been renovated.
Whether it’s a facelift or a total gut, that one room can make or break the deal.
If you’re working with a very limited budget you can decide which particular parts of your bathroom that you would like remodeled, such as the tub or the toilet or the sink.
If money is not an issue, you may make the decision to remodel your whole bathroom. In addition to deciding what parts of your bathroom you would like remodeled, you will also have complete control over the products and materials used.
For instance, if you wish to replace the toilet, you can choose the quality which suits the budget. What matters is that it’s new. Knowing that the toilet is new and has never been used is a big deal to some people. They may think “I will replace that toilet someday”, but it’s good enough to help facilitate a good overall impression.
Bathroom remodelling can be relatively easy to do depending on the depth you want to go. It is something an average handyman can do by themselves in order to save expenses.
Although you can save yourself money by doing your own remodeling, you may not want to or you may be unable to do so. If that is the case, you still have a choice. That choice is seeking assistance from a professional contractor.
Despite costing more money, your bathroom will be remodeled professionally and often in less time.
It is also important to mention that bathroom remodeling projects can help to increase a home’s value. That is one of the biggest pros to having your bathroom remodeled. The increase in value, if there is one, will depend on a number of different factors. Those factors include what type of remodeling is done, as well as how well it is done. Whether you choose to hire the services of a professional bathroom remodeling expert or if you have prior home improvement experience, the decision to remodel your bathroom could significantly increase the value of your home.
Although there are a number of pros to bathroom remodeling, there are also a number of cons. Those cons mainly include the cost of doing so. When it comes to deciding whether or not you want to remodel your bathroom, you will have to make up your own mind; however, when doing so you may want to keep the above mentioned points in mind.
The Cons of Remodeling the Bathroom of an Investment House:
There are two major cons to remodelling for a flip; cost and the impact of a poor job.
If you are contemplating a bathroom remodeling project, these cons may make you want to rethink your decision.
The biggest con to remodeling is the cost, particularly if you go high end on your fixtures. Remodeling for resale is not the same as remodeling for yourself. You must keep this in mind for a flip. The character of the end result should match the character of the house not your idea of what the perfect bathroom should be. Remember, you are in this for profit.
The extent to which you remodel will affect the price as well. If you gut the bathroom down to the joists you will be looking at a lot more than if you simply replaced the toilet and added a tub surround. In addition to the cost of supplies and materials, you also need to determine whether or not there will be any additional costs. For instance, if you make the decision to have your bathroom professionally remodeled, you will need to pay a professional contractor. Although a professional contractor often produces better results, you will find the cost of hiring one fairly high.
In addition to the cost of bathroom remodeling, it is also important to note the time that it will take. How long a bathroom remodeling project lasts will all depend on what is being remodeling. If you are simply looking to replace your toilet, you will find that your remodeling project takes less time than it would if you were planning on remodeling your entire bathroom. The amount of time it takes for remodeling will also depend on how much time can be devoted to it. If you make the decision to hire a professional contractor to remodel your bathroom, the remodeling will likely be done quicker. In addition to knowing exactly what they are doing, professionals can usually devote more time to work than someone who is only doing the work on the side.
Another one of the many cons to remodeling your bathroom is what it can do to your home. As you may already know, it is possible for a bathroom remodeling project to increase the value of your home. While an increase is likely to occur, it is not guaranteed. If your home’s value does increase because of a bathroom remodeling project, it will all depend on how much remodeling was done and the result of that remodeling. A professional or quality remodeling job is likely to produce the best increase in value.
What you need to be aware of is what a poor remodeling project can do for your home. There is a chance that a poor bathroom remodeling project could also decrease the value of your home. The chances of that happening are slim, but there is always a chance.
As previously mentioned, when having your bathroom remodeled, you have a choice as to whether you want to do your own remodeling or a have a professional do it for you.
When it comes to bathroom remodeling, you will find that are more cons to do it yourself bathroom remodeling.
As you can see, there are a number of bathroom remodeling cons. Although it may seem as if it isn’t worth it to remodel your bathroom, there are also a number of bathroom remodeling pros. These pros include a new bathroom and the possibility of increasing your home’s value. If you are interested in remodeling your bathroom, only you can decide whether or not it would be worth it and given your skill set and time, what the best approach would be.
It doesn’t matter whether you have a big home or a small home. Your bathroom is one of the rooms you should invest in as many luxurious fixtures and amenities as you can.
Why A Bathroom is Worth Going Big
The bathroom can be a haven, a place where you take long soaks in the tub at the end of tiring days at work. Reason enough why a bathroom remodel is one of the best things you can do for you and your home.
On top of that, bathroom remodeling gives you an 80% to 90% return on investment should you ever decide to sell your home. Whether it’s a partial upgrade or a complete overhaul, a bathroom remodel is one worthwhile project you should seriously consider investing in.
Deciding on the Scope of Your Bathroom Remodeling Project
The minute you start on your bathroom remodeling project, it can result in either one of two things: you’ll have that gleaming, tiled paradise of a bathroom you’ve always wanted to have or you’ll end up having a half-assembled mess of old and new bathroom fixtures. To prevent the second scenario, you should decide on the scope of your bathroom remodeling project before you start anything.
Based on your budget, the span of time you have, and the size of your bathroom and its current state, you have several options for remodeling your bathroom:
- Option 1. Do a surface-level bathroom remodeling. This is an option when your bathroom fixtures, the knobs on the faucets and such, are still in good condition but your bathtub and/or your shower stall is looking a little shabby. When that’s the case, a surface-level bathroom remodeling can give you the feel of a whole new bathroom, without the price tag. It’s a great project to take on if you don’t have the budget for a complete overhaul just yet. The rule of thumb to follow here is, “Cover, don’t replace.” Replacement adds to the time and costs of a remodel because you’re paying to have what’s there already removed. Covering uses the structure of what’s already there and simply gives it a new face. Some of the not-so-pricey items you need to invest in when doing a surface-level bathroom remodeling include prefabricated shower units, bathtub or shower liners, bathtub refinishing, and easy-to-install wainscoting.
- Option 2. Change the layout of your bathroom. Similar to how you sometimes rearrange the placement of furniture in your living room, kitchen, or bedroom to give it a new feel, you can rearrange the plumbing fixtures in your bathroom. This project is a bit more difficult to take on than a surface-level remodel. Bathroom fixtures such as the sink, shower stall, bathtub, and cabinets are not easily moved, and will require the services of a licensed plumber, a carpenter, and possibly an electrician. However, once the professionals are done, you can save a little money by rearranging things like towel racks and bars, shelves, trash cans, and miscellaneous bath accessories yourself. There will be a bigger change to the overall look of your bathroom once you’re finished.
- Option 3. Be American – Make your bathroom bigger.If you’re feeling patriotic, and have the space to spare, you can extend the area of your toilet and bath. It’s as American as apple pie. If you only have a shower stall, you can tear down a non-load-bearing wall and give yourself a proper bathtub. If you already have a bathtub, punch out some closet space from the next room, and give yourself a whirlpool tub. Whatever size bathroom you’ve got, there are always options for going bigger. (A sauna maybe…?)
- Option 4. A complete bathroom overhaul. If nothing else is going to do it for you, there’s always the final option of a complete overhaul of your existing bathroom. Tear everything out, right down to the bear studs, and completely redo the space. Of the bathroom remodeling projects we’ve discussed, this is potentially the most tedious, the most expensive and the most disruptive to you and your family. However, if done properly, you can create a perfect place for you to escape your everyday, and add thousands of dollars to the value of your home.
Factors to Consider When Remodeling Your Bathroom
After you’ve determined the size and scope of the bathroom remodeling project you’re going to take on, there are several things you’re going to need to contend with before work can even begin:
- Your remodeling budget Life is full of the unexpected. That’s why most people have an emergency fund. Too often people look at the money sitting in their emergency fund and decide to include it in their remodeling budget. This is a mistake. Remodeling projects are a favorite for Murphy ‘s Law. If you decide to invest your emergency fund in your remodeling project, you all but guarantee something will go wrong in the middle of the project that’ll drain that fund and leave you with a half re-finished bathroom. If you don’t have the funds for a complete bathroom remodel in your account right now, settle for something less ambitious that you can afford and still improve the look of your bathroom. You don’t want to have to stop the contractor from coming in your house when the project’s only half way done because you no longer have the funds to pay for labor.
- Designing to YOUR dream bathroom This has more to do with design than anything else, but it is the foundation on which the rest of your decisions will depend. To help yourself through this process, go through the following mental exercise. Close your eyes. Picture your dream house: the lawn, the fence, the windows, the door. In your mind’s eye, walk through the door, up the stairs, through the master bedroom and into your perfect bathroom. Now this is your dream house. Your idea of a perfect bathroom is completely up to you. For you, a great bathroom may be simple; a bathroom with gleaming, all-white surfaces and brass for all the fixtures. On the other hand, it could be something more chic, like your own personal spa. The point is, the idea for this perfect bathroom is yours, and yours alone. Everyone else involved in the project from this point forward should be focused on giving you your vision, not theirs. Whatever scope of project you’ve chosen to undertake, the end should be as close to your dream as it can be.
- The materials to be used The choice of materials for your bathroom remodeling project will be driven by your budget and the remodeled look you want your bathroom to have. You can choose the color, design, and type of materials used for the bathroom’s countertops, faucets, flooring, shower, sink, and other parts. Whether you’re hiring a contractor or doing the bathroom remodeling yourself, you have the final say as homeowner on the materials to be used for the project, but a lot will be dictated by your budget. Even though you may want travertine marble, be prepared to compromise. Porcelain tiles can look pretty good when you’re staring at your bottom line.
A Final Word About Bathroom Remodeling
All in all, the success of a bathroom remodeling project boils down to planning. As long as you know what your budget limitations are and the scope of the remodeling project, there’s no reason you can’t have that tiled, cool, gleaming haven of a bathroom you’ve always wanted.
Michael Orehowsky was all but born to be a plumber. His father, Mike Sr., began his career as a professionally licensed plumber in 1986, when Mike was four years old. Growing up, Mike learned from his father the keys to running a successful plumbing company in Northern Virginia: Take care of your customers, and be true to your word.
Article Source: http://EzineArticles.com/6232242