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Lobster
 
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Default bathroom renovations and house value

neil leslie wrote:
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?


10K?? You're kidding! Are we talking gold-plated taps a la Sadaam
Hussein, or Dolphin?

It's impossible to give you an answer without knowing more info about
your home/location etc - is it a 25K terrace in S****horpe or a 5m
mansion in Surrey? The answers might be a bit different in those scenarios.

On average, yes a good bathroom adds value, but I really can't see you
recouping that expenditure on an average house.

David





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Dave Plowman (News)
 
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In article ,
neil leslie wrote:
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?


Interesting point. Next door has recently changed hands after only about 3
years. The previous owners bought it from an 80 year old who had
maintained it well, but not modernised much on a 100 year old house, only
as he needed. They changed the layout and installed a new fitted kitchen,
modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.

--
*Never test the depth of the water with both feet.*

Dave Plowman London SW
To e-mail, change noise into sound.
  #3   Report Post  
Lobster
 
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Dave Plowman (News) wrote:
In article ,
neil leslie wrote:

Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?



Interesting point. Next door has recently changed hands after only about 3
years. The previous owners bought it from an 80 year old who had
maintained it well, but not modernised much on a 100 year old house, only
as he needed. They changed the layout and installed a new fitted kitchen,
modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.


And your point is...? :-)

David

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Doctor Drivel
 
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"Dave Plowman (News)" wrote in message
...
In article ,
neil leslie wrote:
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?


Interesting point. Next door has recently changed hands after only about 3
years. The previous owners bought it from an 80 year old who had
maintained it well, but not modernised much on a 100 year old house, only
as he needed. They changed the layout and installed a new fitted kitchen,
modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.


What a totally pointless post. This is senility does to you.

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Dave Plowman (News)
 
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In article ,
Lobster wrote:
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?



Interesting point. Next door has recently changed hands after only
about 3 years. The previous owners bought it from an 80 year old who
had maintained it well, but not modernised much on a 100 year old
house, only as he needed. They changed the layout and installed a new
fitted kitchen, modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.


And your point is...? :-)


That the best bathroom in the world might add nothing to the value of the
house if the buyer intends to replace it with his own choice?

--
*Warning: Dates in Calendar are closer than they appear.

Dave Plowman London SW
To e-mail, change noise into sound.


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Dave Plowman (News)
 
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In article ws.net,
Doctor Drivel wrote:
The new owners have ripped all that out and replaced it with units to
their taste.


What a totally pointless post.


You'd know about that.

This is senility does to you.


And that. Now try adding something useful to the tread?

Oh dear. Twin 'combi's' might spoil the look of a 10 grand bathroom.

--
*How about "never"? Is "never" good for you?

Dave Plowman London SW
To e-mail, change noise into sound.
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Doctor Drivel
 
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Default


"Dave Plowman (News)" wrote in message
...
In article ws.net,
Doctor Drivel wrote:


The new owners have ripped all that out and replaced it with units to
their taste.


What a totally pointless post.


You'd know about that.


I do. It was totally pointless.

snip garbage


  #8   Report Post  
Doctor Drivel
 
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Default


"Lobster" wrote in message
...
Dave Plowman (News) wrote:
In article ,
neil leslie wrote:

Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?



Interesting point. Next door has recently changed hands after only about

3
years. The previous owners bought it from an 80 year old who had
maintained it well, but not modernised much on a 100 year old house,

only
as he needed. They changed the layout and installed a new fitted

kitchen,
modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.


And your point is...? :-)


Haven't you realised by now?

  #9   Report Post  
Doctor Drivel
 
Posts: n/a
Default


"Dave Plowman (News)" wrote in message
...
In article ,
Lobster wrote:
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?


Interesting point. Next door has recently changed hands after only
about 3 years. The previous owners bought it from an 80 year old who
had maintained it well, but not modernised much on a 100 year old
house, only as he needed. They changed the layout and installed a new
fitted kitchen, modernised the bathroom, and added a second one.

The new owners have ripped all that out and replaced it with units to
their taste.


And your point is...? :-)


That


snip pointless off topic garbage


  #10   Report Post  
chris French
 
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In message , neil leslie
writes
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000.


Hope you plan on living there for while......

Any ideas on how much this would actually add in value to a house?


a lot less than 10 grand. Assuming a really crap bathroom like we had -
very scruffy, stained, dreadful pink colour, totally crap over bath
shower. etc. then I imagine that it might add a couple of grand if you
are lucky. but as has been said, much depends on the property etc.
However, more importantly I think, it will increase the saleability if
the house. A crap bathroom will put some buyers off which a decent
bathroom might otherwise attract. But a 10 grand bathroom won't increase
the saleability 3 times more than 3 grand one.

IMO, if you will probably be selling in the relatively (within say 3-4
years) then I would consider if the benefit of the useage and pleasure
you will get for those few years is worth the money it will cost ,
bearing in mind you won't get most of it back on sale. But if you plan
on living in the house for another 15 years say, go for whatever you
feel is worth it, it'll be pretty irrelevant in 15 years time.
--
Chris French



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Richard Faulkner
 
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In message , neil leslie
writes
Our bathroom is really rubbish and we're just about to spend a stupid
amount of money on doing it up; around £10,000. Any ideas on how much
this would actually add in value to a house?


Impossible to say - Objectively, it tends to cost me around £2,500 to
fit a smallish bathroom with bath, sink, WC, and thermostatic shower,
plus white tiling. Factor in something for hassle, and you might get to
say, £5,000 or so.

So, if a buyer is logical, sees your crappy bathroom, and works how much
it will cost to replace, you might get £5,000 less without the bathroom.

Subjectively - many people will see a crappy bathroom and not want to
but the house. How much would that lose you? Hard to say, but more
people wanting your house tends to get more money.

If anybody ever asked me if they should spend £10K on a new bathroom to
help sell their house, I would say dont bother - spend £2,500.

Answer- if you are thinking of selling your house - dont spend £10,000
on a bathroom. If you want a nice bathroom, exactly to your taste, which
you might use for the next 5 to 10 years, just do it and forget about
what it might add to your house.

All of this assumes that you have a fairly typical house.

--
Richard Faulkner
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Dave Plowman (News)
 
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In article ,
Richard Faulkner wrote:
Subjectively - many people will see a crappy bathroom and not want to
but the house. How much would that lose you? Hard to say, but more
people wanting your house tends to get more money.


It also might well depend on what sector the house is aimed at. Some first
time buyers might want somewhere they can move straight into. But then
others are forced by high prices to buy a wreck.
Some also prefer a new house for the same reason, while others prefer an
older one that they can make their own, as it were.

But it's generally accepted that most fittings don't recover their cost,
especially at the upper end price wise of such things. Bathrooms, kitchens
etc. Whereas things like fitting central heating where non existed, or
adding a garage generally will.

--
*Always borrow money from pessimists - they don't expect it back *

Dave Plowman London SW
To e-mail, change noise into sound.
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Harvey Van Sickle
 
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On 12 Aug 2005, Dave Plowman (News) wrote

In article ,
neil leslie wrote:
Our bathroom is really rubbish and we're just about to spend a
stupid amount of money on doing it up; around £10,000. Any ideas
on how much this would actually add in value to a house?


Interesting point. Next door has recently changed hands after only
about 3 years. The previous owners bought it from an 80 year old
who had maintained it well, but not modernised much on a 100 year
old house, only as he needed. They changed the layout and
installed a new fitted kitchen, modernised the bathroom, and added
a second one.

The new owners have ripped all that out and replaced it with units
to their taste.


I don't know how often this happens in standard houses, but it's a
well-known phenomenon in high-end real estate sales: buyers won't look
at the place without an all-singing-all-dancing new kitchen and
bathroom, but they invariably hire a decorator/designer who pulls it
all out and starts over.

It's an easy calculation for a developer to make (cost vs quicker
sale), but it's a lot more difficult when when people want to combine
their own wishes as a householder with trying to make a quid on the
improvement.

The OP's got to figure out which hat he's wearing -- owner or developer
-- before he can decide whether a 10K bathroom represents a good
"investment".

--
Cheers,
Harvey
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Andrew Gabriel
 
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In article ,
Richard Faulkner writes:

Impossible to say - Objectively, it tends to cost me around £2,500 to
fit a smallish bathroom with bath, sink, WC, and thermostatic shower,
plus white tiling. Factor in something for hassle, and you might get to
say, £5,000 or so.


Well, I did one a couple of years ago, and this is a breakdown
from memory. I may have forgotten a few things, but I doubt I
got anywhere near £2000 on the parts. Labour was all my own.
I did buy the parts over the course of a year, which meant I
could look out for special offers.

Kawaldi Bath + fittings + P&P £120
Bath taps £40
Bath panel £70
Washbasin £80
Tap + waste £40
WC £100
Thermostaic shower mixer £80
Shower screen £80
Flooring + skirting £120
Wall tiles £60
Extractor + isolator £25
Lights £40
Shaver socket £20
Mirror £50
Cupboards/worktop £130
Pipework + plumbing fittings £150
Cable, earth bonding, etc £10
Door £8
Door furniture £15
Loo roll holder, towel rack £30
Paint £20
Fan heater + FCU £30
Radiator £54

which is coming in at under £1500. (Actually, the fan heater and
radiator were reused from previous bathroom.)

Other significant items which some people would want to add to these
would be curtains/blinds, and a heated towel rail.

OP didn't say how he was spending £10,000. If this is being paid to
a chain of national bathroom fitters, then bear in mind this is more
likely to be a £3,000 bathroom (including labour) and £7,000
profit/commission, of which the latter does exactly nothing for the
value of the house.

--
Andrew Gabriel
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Matt
 
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"Dave Plowman (News)" wrote:

But it's generally accepted that most fittings don't recover their cost,
especially at the upper end price wise of such things. Bathrooms, kitchens
etc. Whereas things like fitting central heating where non existed, or
adding a garage generally will.


In a widely quoted survey last year, the change that increased the
value of a property the most (more accurately retained the highest %
of the cost), was surprisingly, off street parking.

Apparently council flats with externally fitted water heaters were
cited as the single item most devaluing the value of the property ;-)


--


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Dave Plowman (News)
 
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In article ,
Matt wrote:
But it's generally accepted that most fittings don't recover their cost,
especially at the upper end price wise of such things. Bathrooms, kitchens
etc. Whereas things like fitting central heating where non existed, or
adding a garage generally will.


In a widely quoted survey last year, the change that increased the
value of a property the most (more accurately retained the highest %
of the cost), was surprisingly, off street parking.


I can believe that - although it's not often possible to provide it
afterwards, as it were.

Apparently council flats with externally fitted water heaters were
cited as the single item most devaluing the value of the property ;-)


No surprise there then. ;-)

--
*He's not dead - he's electroencephalographically challenged

Dave Plowman London SW
To e-mail, change noise into sound.
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Doctor Drivel
 
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"Dave Plowman (News)" wrote in message
...
In article ,
Matt wrote:
But it's generally accepted that most fittings don't recover their

cost,
especially at the upper end price wise of such things. Bathrooms,

kitchens
etc. Whereas things like fitting central heating where non existed, or
adding a garage generally will.


In a widely quoted survey last year, the change that increased the
value of a property the most (more accurately retained the highest %
of the cost), was surprisingly, off street parking.


I can believe that - although it's not often possible to provide it
afterwards, as it were.

Apparently council flats with externally fitted water heaters were
cited as the single item most devaluing the value of the property ;-)


You should have all your gas appliances outside as they regularly explode.

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