According to market researchers, the home improvement services market will reach $585.3 billion by 2030. It's estimated that the industry will grow at a compound annual growth rate of 6.2% from 2021 to 2030.
One of the most common renovation projects in a home is the bathrooms. Although it can be stressful and costly with proper planning and research, it can be a great return on investment. Continue reading to learn about the benefits of renovating a bathroom.
Adding Value to Your Home
Renovating an outdated bathroom with new floors and backsplash, a tub, toilet, or sink can significantly increase the value of your home. Not only does it add monetary value, but it enhances the appearance and utility of the space. For instance, you can install a bathtub in your bathroom where you can relax after a long day at work. Perhaps, you install heated tile floors to keep your feet warm on cold weather days.
If you live with an older family member, the bathroom could be a difficult space to navigate without support. Consider accommodating the bathroom to be safer by changing from a bathtub to a walk-in shower or adding additional guardrails and handles near the toilet. The extra support can help them get up from sitting on the toilet and out of the shower without the risk of losing balance and falling or slipping.
Technology has advanced significantly in the last ten years. Plenty of modern appliances in the market today can help you save more on your energy bills. For instance, older toilets used several litres of water for every flush. Modern toilets can use less than a litre, thus reducing your water bills.
Another simple change is upgrading to LED lighting to minimize energy costs. LED lights use 50% less electricity and emit less heat than traditional bulbs.
Increase Your Bathroom Space
Is your bathroom too small? Work with a contractor to expand the bathroom and rearrange some fixtures to increase the space and accommodate your requirements. For some families, it’s adding in a tub and extra storage space. For another family, it’s installing double vanity for more countertops space to get ready.
Count On Us For Tiles and Backsplash
The cost of a bathroom renovation varies depending on what you’re looking to get done. It's essential to get quotations from more than one contractor and supplier. That way, you can choose options that fit your budget. If you’re in the market for new tiles and backsplashes in Calgary, contact Flesher Marble and Tile. We offer quality tiles and installation services at affordable prices.