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How Much Does a Bathroom Remodel Cost Vs. The Expected ROI?
Are you thinking about remodeling your bathroom, but wondering how much value it will actually add to your home?
Well, you’re in luck! This comprehensive guide will give you all the information you need to know about bathroom remodels, including how much value they can actually add to your home.
So, without further ado, let’s get started!
The Typical Cost of a Bathroom Remodel Vs. The ROI
The average cost of a bathroom remodel is around $10,000. However, this number can vary greatly depending on the size and scope of your project. For example, a minor bathroom remodel might only cost a few thousand dollars, while a major overhaul could cost upwards of $20,000 or more.
In terms of return on investment (ROI), bathroom remodels typically fall somewhere in the middle. They’re not as expensive as a kitchen remodel, but they also don’t offer the same high ROI. That being said, a well-done bathroom remodel can still offer a healthy return, with the average ROI coming in at around 60%.
So, if you’re planning on selling your home in the near future, a bathroom remodel could be a wise investment. Not only will it help your home sell faster, but you’re also likely to see a good return on your investment.
Bathroom Upgrades With the Best ROI Potential
If you’re planning a bathroom remodel and you want to get the most bang for your buck, there are certain upgrades that offer a higher ROI than others. These include:
- Replacing an old toilet with a new, high-efficiency model
- Installing a new bathroom vanity
- Upgrading your bathroom fixtures
- Installing new tile or flooring
- Adding new lighting
- Adding storage space
- Replacing an old bathtub with a new one
- Upgrading your bathroom mirror
Of course, the upgrades you choose will depend on your budget and the overall scope of your project. But, if you’re looking to get the most out of your bathroom remodel, these are some of the best upgrades to consider.
How to Get the Most Value Out of Your Bathroom Remodel
There are a few things you can do to ensure you get the most value out of your bathroom remodel. First and foremost, it’s important to focus on the things that will actually improve the function of your bathroom. For example, adding a double sink or a spa-like shower are both great ways to make your bathroom more functional and enjoyable to use.
In terms of aesthetics, it’s important to focus on creating a bathroom that looks clean, modern, and inviting. Steer clear of trends that will quickly go out of style, and instead opt for classic fixtures and finishes that will stand the test of time.
Finally, be sure to work with a reputable contractor who has experience completing bathroom remodels. A professional contractor will be able to help you navigate the remodeling process, and they’ll also be able to ensure that your project is completed on time and within budget.
A bathroom remodel will generally add value to your home, but the amount of value will vary depending on several factors. The most important factor is the quality of the remodel – if you do a high-quality, professional job, you can expect to see a significant return on investment. Other important factors include the location of your home, the current state of the housing market, and the needs of potential buyers. If you’re planning to sell your home in the near future, it’s definitely worth doing a bathroom remodel to increase its value.
If you are looking for the best and most reliable construction companies in Fresno, California, we can help you. Trademark offers the best quality products and leading kitchen, window, and bathroom remodelers. Our goal is to help you get the most out of your home. Contact us today to learn more and get started!