Will Adding an Extra Bathroom Add Value to Your Home?

Buying a home is one of the smartest investment choices you can ever make. From having a roof over your head that you can call your own to knowing you can sell the home and possibly make money on it, there are many reasons to invest your money in a home purchase. Many people buy a home with the sole intention of being able to sell it one day and make money on it or to use it as a form of collateral to take out a loan. No matter your reason for purchasing a home, it is imperative that you be aware of ways to increase its value. One such way is by adding on an extra bathroom. Here is a close look at two reasons adding a bathroom onto your house can add to its overall value. 

Reason #1: It adds living space to your home

First of all, the larger the home, the more the living space, the more value it will have. Adding on a bathroom to your home is one of the simplest ways to add value to it. And thankfully, bathrooms tend to not be extremely large rooms in a home, making them rather inexpensive to add on. 

Reason #2: It adds convenience to the home

Another reason that adding on a bathroom to your home will add to its value is because it gives the house more convenience. Whether it be residents of the home or guests, having an extra bathroom can be of the utmost value, especially if there is only one other bathroom in the house. 

To learn more about adding value to your home and about home insurance, contact Paragon Independent Insurance Agency serving the Plano, TX area.