Does A Bathroom Remodel Give Return On Investment?

In a reversal of recent trends, bathroom remodels are now more popular than kitchen renovations. According to Axcess News, twenty-five percent of homeowners are looking to upgrade the bath in 2018!

In general, bathroom upgrades are more manageable, less stressful and less disruptive than are kitchen renovations as they are usually smaller and less complicated projects. Also, bathroom renovations usually cost less and also take less time to complete.

Beyond your personal enjoyment of your home, it’s an especially good idea to reno the bathroom if you’re planning to sell your house. For starters, bathroom updates and upgrades tend to have a good return on investment.

According to Remodeling magazine’s 2018 Cost Vs. Value Report, a midrange bathroom remodel recoups 70.1 percent of its cost, compared to only 59 percent for a midrange kitchen remodel.

There’s also the simple fact that potential home buyers can be choosy. And while first time home buyers are more likely to consider a fixer upper, many established buyers are not willing to move into a project home.

What emerges is that a well done bathroom can be the tipping point in a home sale, while an out of date and rundown one can quickly turn off prospective buyers.

If you have low funds, concentrate on the visual – a fresh coat of paint, updated lighting, stylish hardware and fixtures. Or if you have a little more to spend, you can go all out.

For those with the budget to indulge, homeowners can take their bathroom to a spa-like level by including luxurious amenities such as shower body sprays and rain shower heads, specialized lighting, built-in audio speakers, and the most cutting edge toilets.

Whatever you spend on your bathroom remodel, expect to get some of it back… both in your personal enjoyment of the room, and as a positive effect on price, if you decide to sell your home!