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How Much Does Remodeling Bathroom Increase Home Value
How Much Does Remodeling Bathroom Increase Home Value

Home Improvement

How Much Does Remodeling Bathroom Increase Home Value

You may be considering a bathroom remodel. You’re not alone! A whopping 82% of homeowners report that they are either extremely or very likely to remodel their bathrooms in the next five years.

So, what’s all the fuss? And more importantly, how much value will you get from your investment? Keep reading to find out. These are general estimates and may vary depending on your specific situation.

How Much Value Will A Bathroom Remodel Add To Your Home On Average?

Bathroom remodels are a great way to add value to your home. On average, a bathroom will add about 20% to the value of your home. A bathroom remodeling usually involves adding new fixtures, painting, and tiling.

Your home value could increase even more if you add a second bathroom. It is especially true if your home only has one bathroom. Adding a second bathroom can add as much as 30% to the value of your home.

Of course, the amount of value you’ll get from your investment will also depend on the quality of the artistry. Be sure to hire a qualified contractor who has experience with bathroom remodels.

If you plan on selling your home soon, then bathroom remodels are an excellent investment. However, if you are not planning on selling your home soon, you may want to wait on a bathroom remodel.

A bathroom remodeling can be pretty expensive and may not be worth the cost if you are not planning to sell your home soon.

What Are Some Of The Most Popular Bathroom Remodeling Projects?

Bathroom remodeling projects can range from simple cosmetic updates to major overhauls. Some of the most popular projects include installing new fixtures, updating the flooring, and repainting the walls.

These relatively inexpensive projects can significantly impact the overall look and feel of the space.

For those looking for a more significant change, a bathroom can involve gutting the space and starting from scratch. That may include adding or removing walls, relocating plumbing, and installing new fixtures and finishes.

While a complete remodel can be costly and time-consuming, it can completely transform an outdated or cramped bathroom into a spacious and relaxing retreat.

Materials And Finishes Offer The Best ROI

Of all the materials you could choose for your home renovation, some offer a better return on investment than others. If you’re looking to add value to your home, it’s worth considering materials and finishes that appeal to many potential buyers.

For example, neutral colors are always a safe bet, as they can help make a space feel more open and inviting.

Materials like hardwood floors and stone countertops are also highly sought-after, as they offer both durability and style. By choosing materials that offer the best return on investment, you can help to ensure that your home renovation is a success.

There are a few key things to keep in mind if you want to maximize your return on investment when it comes to bathroom remodels. Focus on projects that will appeal to a wide range of potential buyers. Then choose materials that are durable and stylish.

How Do You Know If You’re Overspending On Your Bathroom Remodel?

It’s no secret that bathroom remodels can be costly. But how do you know if you’re overspending? Here are a few signs to watch out for:

You’re Opting For Luxury Materials

You may be overspending if you’re spending more on materials than you need to. Luxury materials may not add value to your home and could make it harder to sell in the future.

You’re Not Considering Resale Value

If you’re not considering resale value, you may spend more than you’ll get back when you sell your home. It’s important to remember that not everyone will appreciate your taste in tile or fixtures, so it’s best to stick with neutral colors and classic styles.

You’re Renovating More Than You Need To

If you plan to sell your home soon, you may not need to do a  complete gut home remodeling. A few cosmetic updates may be all that’s necessary to boost your home’s value.

You’re Not Working With A Budget

It’s essential to have a budget before starting your project. Otherwise, you may end up spending more than you can afford. Be sure to get multiple estimates and compare them before making any final decisions.

Tips For Staying Within Budget While Renovating Your Bathroom

If you’re planning a bathroom renovation, it’s essential to stay mindful of your budget. Here are a few tips to help you save money while still getting the results you want:

  1. Repurpose what you can: If your existing bathroom fixtures are in good condition, there’s no need to replace them. Just give them a fresh coat of paint or new hardware to give them an updated look.
  2. Shop around for deals: Don’t just go with the first option you see. Compare prices at different stores and online to ensure you’re getting the best deal on your purchases.
  3. DIY when possible: When it comes to renovations, there’s a lot you can do yourself if you’re willing to put in the time and effort. Tackling some of the work yourself can help you save money on labor costs.
  4. Choose quality over quantity: It’s better to spend a little more on high-quality materials than to opt for cheaper options that need to be replaced sooner.
  5. “Is it time to look for a bathroom remodel near me?” Hiring a professional to help with your bathroom remodel can save you money in the long run. Contractors can help you avoid costly mistakes and ensure that the job is done right the first time.

Finding A Bathroom Remodel Contractor

A beautiful bathroom can add so much value to your home, both emotionally and monetarily. But before you can start enjoying your new oasis, you need to find the right contractor. Here are a few tips to help you find a bathroom remodel contractor that’s right for you:

  • First, ask your friends and family for recommendations. If someone you know has had a great experience with a contractor, they’ll be more than happy to give you their contact information.
  • Next, do some research online. Check out review sites like Angie’s List and HomeAdvisor to understand which contractors have good reviews and which ones to avoid.
  • Once you’ve narrowed down your options, it’s time to start making some calls. Ask each contractor for a quote, and ask about their experience with bathroom and kitchen remodeling.
  • Finally, choose the contractor that fits the job you need. They should be someone you can trust to do a good job and work with you to create the bathroom of your dreams.

By following these tips, you can be sure to find a qualified and reputable contractor to help with your bathroom remodel.

Begin Your Bathroom Remodel Now!

How much does remodeling a bathroom increase home value? The answer is, it depends. A mid-range or upscale bathroom will recoup about 70% of the cost when you sell your home.

If you’re looking for a more drastic change, such as adding on a new room or changing the layout of your entire bathroom, that number drops down to around 50%.

However, even if your return on investment isn’t as high as you’d hoped, remember that bathrooms are one of the most commonly used rooms in a house—so updating this space can still make your home more comfortable.

Ready to get started on your bathroom remodel? Contact us today for a free consultation.

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