Are you considering remodeling your bathroom but not sure if it's worth the investment? Data from Zillow shows that bathroom removals produce the highest returns in terms of increasing the resale value of your home. Investing in a custom kitchen or bathroom remodel is a great idea for homeowners who want to enjoy the improved appearance of luxury for the next 10 years, as well as increase the value of their home. Local and national industry statistics indicate that resale values have increased between 60 and 70%, on average, compared to the initial investment in remodeling. In some cases, the increase in resale value after a custom remodel has been much greater. The National Remodeling Industry Association reports that a quality bathroom remodel will recover 50% of the cost you invest in the project.
Whether you're eager to remodel and are just looking for the perfect excuse, or if you suspect it's time to make changes, these reasons to invest in a bathroom remodel will give you the justification you need to take the plunge. According to Glenn, this is one of the best projects to get the most benefit from remodeling a bathroom that increases the value of the home. Bathroom remodeling has more flexibility compared to other home renovations, and there are strategies to save money and maximize ROI. You can expect to recover an average of about two-thirds of your investment in a bathroom remodel when you sell your home. If you plan to sell your home sometime in the near future, you'll likely enjoy a higher ROI on renovation work if you hire a licensed and experienced bathroom remodeler near you to complete the work.
A bathroom renovation in your home is an opportunity to build the luxurious bathroom of your dreams or prepare your home for the market. In addition, real estate agents will tell you that the kitchen and master bathroom often represent the two most “favorite” rooms during home screenings. If your bathroom accessories work well, a remodel may not be on your immediate radar, but a careful inspection, such as the one your home will undergo if released on the market, can reveal problems that could make the bathroom remodel in your best interest. Housing experts routinely consider bathroom remodeling to be one of the best renovation projects you can undertake if you want to increase the resale value of your home and its appeal to potential buyers. The report also estimates that bathroom renovations recover approximately 71% of their value-added costs to the home, while adding a new bathroom recovers 63% of its cost. Find out today how TriFection can help you make the kitchen, bathroom, or complete remodel of your dream home a reality.
A custom kitchen or bathroom makes the house much more attractive to potential buyers and is an excellent way to increase its value.
