Remodeling a bathroom is one of the most popular home improvement projects. It's clear that you can add significant value and convenience to your home by remodeling a bathroom. However, most people are unaware of how much value bathroom remodeling adds to the overall equity in a home. This amount varies due to the circumstances surrounding each remodel.
The Type of Bathroom Remodel
The value that any particular bathroom remodel adds to a home will depend on the scope of the project, as well as the overall condition of the rest of the house. For example, if your home is older and there are other significant repairs needed, updating your bathroom will have the least impact on your home's value. In fact, you may see little to no added value by completing just a bathroom remodel if your home needs other work.
On the other hand, a home in good condition can see a significant …show more content…
If more square footage is added or living spaces changed significantly, then the value created by the bathroom remodel will be different.
Adding Bathrooms to Your Home
You will get the most added value if your bathroom remodel creates a bathroom that is not already in your home's specifications. The percentage will vary based upon the project. Adding a bathroom to existing square footage will result in different percentages than building an addition that includes a bathroom.
When adding a bathroom to your existing home, the most lucrative project is creating a master bathroom. Most owners prefer the convenience of a dedicated bathroom, so your home will be worth more and easier to market. In fact, this type of bathroom remodel is considered by experts to be the best value for your remodeling dollar. In most cases, you can expect to see a 100% return on the cost of the remodel. In other words, for every $1,000 you spend on the remodel, $1,000 of value is added to your
The Type of Bathroom Remodel
The value that any particular bathroom remodel adds to a home will depend on the scope of the project, as well as the overall condition of the rest of the house. For example, if your home is older and there are other significant repairs needed, updating your bathroom will have the least impact on your home's value. In fact, you may see little to no added value by completing just a bathroom remodel if your home needs other work.
On the other hand, a home in good condition can see a significant …show more content…
If more square footage is added or living spaces changed significantly, then the value created by the bathroom remodel will be different.
Adding Bathrooms to Your Home
You will get the most added value if your bathroom remodel creates a bathroom that is not already in your home's specifications. The percentage will vary based upon the project. Adding a bathroom to existing square footage will result in different percentages than building an addition that includes a bathroom.
When adding a bathroom to your existing home, the most lucrative project is creating a master bathroom. Most owners prefer the convenience of a dedicated bathroom, so your home will be worth more and easier to market. In fact, this type of bathroom remodel is considered by experts to be the best value for your remodeling dollar. In most cases, you can expect to see a 100% return on the cost of the remodel. In other words, for every $1,000 you spend on the remodel, $1,000 of value is added to your