How Much Does a Bathroom Remodel Add to a House’s Value?
If you’re considering bathroom renovations, you’re probably wondering if a new bathroom can improve your property’s worth. So, does a bathroom remodel increase home value? Yes, bathroom remodels are a high-ROI home renovation project. Updating or overhauling your bathroom can have a large impact on your home’s resale price.
How much does a bathroom renovation increase your home’s value, exactly?
Here’s what you need to know.
How Much Value Does a Bathroom Remodel Add?
The price of your bathroom remodeling will vary depending on the age of your home and the extent of the work needed. As a general rule, a brand-new bathroom with a basic design costs about $3,000 to $12,000, with the average being a bit less than $18,000. When you sell the home, you can expect to get about 66% of that cost back in resale value.
If you’re looking for ways to get the most bang for your buck, add more value to the bathroom by replacing the tile floor, updating cabinets and fixtures, and adding high-end modern-style appliances, like a jacuzzi tub, bidet toilet seat, or macerating toilet.
These things are popular with potential buyers and will help your bathroom become the selling point it should be.