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Planning to move within 5 years, better to remodel a bathroom or just wait and let new owners do it?

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June 05 - Glendora
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Can you post a photo of the bathroom?
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June 05
If you want to get the best price for your home in the quickest time on the market it is almost always best to update, particularly bathrooms and kitchens as they provide the best return of investment.  Updates will impact the time on the market.  Updates should cut that time considerably in comparison to if you do not do the updates.

Updates are a good investment as long as you are practical.  The assistance of a professional prior to doing the updates to insure you do not price yourself out of your local area market with too elaborate of updates is advised.  Getting that advice now instead of regretting that you did not later is wise.


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June 05
Pro and con
Pro-you enjoy it for 5 years
Con-If there are damages you need to redo the bathroom later.
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June 05
Hi,

If you remodel now, you can enjoy it while you still live there.

Kind regards,

Arpad
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June 05
If you are not planning to move for 5 years, the predominant reason to do the a bathroom remodel project now would be to allow you enjoyment of the use of the updates between now and the time you move.  This is a good reason to do it now.  I can't tell you how many of my sellers have consulted with me prior to listing, and have done the remodel projects I have recommended right before listing their homes to sell.  They always remark that they wished they had done it at least a year sooner so they could have gotten some enjoyment out of it.  But I suspect that your REAL question is, "Should YOU do it?  Or should you put it on the market as it is, and let the BUYER plan on doing it?"  The answer to that is pretty easy.  Buyers rarely have money to do remodels after move in.  For a large percentage of buyers, the down payment, closing and moving costs consume most of their funds. 

When you list your home to sell, it essentially becomes entered into a beauty contest, and the prettiest contestants win.  If you want your home to be a "winner" in the buyers eyes, you will do your best to eliminate their "objections" - the biggies being dated kitchens and bathrooms.  Prior to beginning any renovations or updating, it's always best to consult with a reputable professional full time agent, that does a lot of sales in your price point, and is familiar with what buyers expect in your area.  Sometimes sellers overspend on the wrong items, and don't spend funds where they would be better utilized.
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June 05
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A light bathroom remodel is often not that expensive if you focus on things that make the most impact. Replacing dated countertop, fixtures, lights and/or sink can make a huge difference and return more on sale than they cost. Those things can also be material cost only if you are able to do them yourself.

If you have a dated full tiled shower, floor tub area, that can be more expensive to replace so you have to decide if it is worth the money or not. Sometimes you can do a surface redo with a solid material or larger sized replacement tiles for a reasonable cost, but the best thing to do is get bids and see if you feel it is worth it.
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June 05
If you are planning to move in 5 years, then it's more of a decision based on whether you would prefer a remodeled bathroom until then. Otherwise, I would advise waiting on the remodel until you are closer to your selling date.
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June 05
Hi,

That is a good question. In general kitchen, bath & master suite are the most important areas in a home to be in very good condition to attract buyers.  With that said, the remodeling, style, cost & eventual expected price are all factors that will need to be taken into consideration to make the best marketing strategy.

Please feel free to either call or email me. I am a certified staging specialist if you would like for me to come by & discuss the overall project with you.

Best wishes.
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June 05
 
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