Cost-vs-Value studies consistently reveal Kitchens and Baths recoup 77-85% of the remodeling cost at resale. For sellers, a little extra work can mean not only a difference in how much they can ask for their home but also if they get to the closing table at all. Most buyers will not invest in a house that has only one bathroom no matter how small the house. Adding a bathroom to a master bedroom is an extremely smart move and adding a few luxurious spa touches may just add the emotional spark that gets your home sold.

This week, Cherie, Rich and I talked with Krista Watterworth, the host and designer of HGTV’s Save My Bath. Krista has transformed dozens of America’s ugliest bathrooms into beautiful spaces that showcase her unique design aesthetic and has been featured in The New York Times, Newsday, NY Daily News, CNNMoney, and US News & World Report. Krista shared with us 7 points to consider when taking on a bath remodel that will practically pay for themselves:

1: Spa Appeal: Add a few luxury items such as exotic wood, a Japanese soaking tub, or a chromatherapy feature.
2: Size Matters: If you have a bathroom that is smaller than 8 ft. x 8 ft. consider enlarging.
3: Neutrals Nurture: Get rid of those green and pink fixtures.
4: Countertops Count: Granite is still number one for durability and Marble is beautiful but soft.
5: Go Green: Any time you can choose Earth friendly products everyone wins.
6: Avoid Headaches: Before you start any major projects, check to see if there is a concrete slab or lead pipes below the sub-floor.
7: Make an impression: To add value, create a master bath with over the top amenities; a walk-in closet with an island, his and hers vanities, an exercise area, a space for a chaise lounge, future buyers will definitely take a second look.

This week’s Real Estate Insight:

Get the advice of an experienced Real Estate Agent who knows the neighborhood and the impact of home improvements. Keep your improved home’s value just below the top value. The high-end homes will help buoy your home’s value while offsetting pressure from low-end homes.

Listen to the Podcast:

Listen to the entire show with guest Krista Watterworth here on our Podcast.

This entry was posted on Wednesday, February 27th, 2008 at 9:57 am and is filed under Real Estate Insight. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.