We have a tiny master bathroom with relatively old fixtures. Additionally, we’ll need to do a little patchwork or completely replace the bath tub before selling. In fact, we’re not even using that shower right now (which is a nice change, since it’s a little claustrophobic with a cloudy shower door.
Now, we’re not necessarily moving anytime soon. However, we don’t want to put wear and tear on another bathroom that we may eventually (after a year or two) discover we’ll have to make the same decision over. Plus, I keep leaving my towel in the other bathroom.
I spoke with my mortgage broker and we have 2 options when we refinance at a lower rate: we could refinance the entire mortgage and wind up paying a few hundred (2-4) less each month OR we could add $5000 to the principal and pay $100 less each month. Either way, we pay less. The $5000 would go toward landscaping the front for curb appeal and less maintenance AND redoing the shower-tub of the master bathroom.
I think we should actually redo the master bath. On average, a bathroom remodel brings in 100% of its cost and could get a home to sell faster. If we do it now, we can enjoy it too. Basically, nothing too fancy or expensive or taste-specific, no moving things around, just something nicer/less dated than what is there, which will make the room more appealing. What I propose is, since we’d have to tear out tile, why not make the room seem larger? We make it a large shower (no tub) with new, higher fixtures (but relatively inexpensive). If we put in some frameless sliding doors, it could look like part of the room rather than a giant wall. In addition, since we’ll need more tile and the white tile with brown flecks always looks dirty, we could put in ceramic or porcelain tile that looks like pale ivory marble. We can paint the walls a slightly darker tone than the cream we have (so a pale, warm brown) or maybe the cream color will make it flow more seamlessly. Otherwise, the flooring is fine, so no need to change that, but if money’s left over, maybe a new vanity or vanity top or new sink faucet, and definitely spend a buck to put a new pull on the vanity door. It could be sooo nice to use while we still live here, and “updated master bath” is often a big eye-catcher, which could get us more traffic and a better sale.
Or we can use a whole lot of caulk and scrubbing and hope potential buyers will just be happy with it as it is.
If we stay here a year and a half, we may pay back some of that $5000, and we’ll still pay less than we already budget for. Once materials are in place, it should only take a couple of days, so it wouldn’t put us out much.
Then again, a few hundred less to pay a month could pay for caulk, patchwork, and landscaping. So it should be interesting to see what my husband decides (I’m putting the decision in his hands – he has 1 week).

