Increasing the size of your bathroom, or at least making the room look bigger, is a great way to add value. Replacing a bathtub with a glass shower gives the appearance of more space. Installing brighter lamps or adding wall sconces around the mirror is another way to make the room look bigger. While many bathroom renovations can increase the value of your home, there are some improvements you should consider as a high priority and others that you may want to skip altogether.
And on a scale of one to ten, NAR reports that the joy score of a bathroom renovation is 9.6, both for homeowners who hire a professional to do their remodel and for those who undertake the project on their own. Value Report, yields from mid-range and high-end bathroom renovations are, for the most part, increasing. If you absolutely need to remodel the bathroom in your Dallas area home, a mid-range bathroom remodel can generate a return of 72.7 percent. However, this is not always the case; for example, if your house has two bedrooms and two bathrooms, a third bedroom could add more value than a bathroom renovation.
On average, remodeling a bathroom could increase home values by 66% of what is spent on renovation. If you're thinking about taking the leap, it may help to know that for most home renovators a bathroom improvement is far from regrettable. Here are the 5 bathroom renovation projects that stretch your money further, both by themselves and together with each other. Generally speaking, a bathroom renovation or addition could generate twice as much return on investment as a new room.
As a homeowner, you may need to decide between upgrading an existing bathroom or adding a new bathroom to the house, or you might be wondering if it's worth adding a bathroom in the first place. A homeowner should never make the mistake of thinking that all bathroom renovations will add value to their home or that they will see a healthy return on their investment regardless of the materials used or the changes made. Renovating a bathroom doesn't have to be an unattainable milestone, as long as you get your batteries on and work with professionals who specialize in this type of work. For example, if you have a house with only one bathroom or a disproportionate number of bedrooms and bathrooms, adding an extra bathroom can be a smart move.
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 job.
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