The national average ROI for bathroom remodeling is 70.1%. Bathroom remodeling is a great way to increase the value of your home and give you a sizable return on investment. Some sources cite the ROI for a remodeling of less than 102%. The most important aspects to consider are functionality, beauty and design.
A mid-range remodel is the only type of cost universally designed bathroom remodel surveyed in the report, but it offers the highest performance of any bathroom remodeling project. Routinely, housing experts cite bathroom remodeling as one of the best renovation projects you can undertake if you want to increase your home's resale value and appeal to potential buyers. Real estate agents know from experience that renovated bathrooms can make your home stand out and attract buyers, while old and dated fixtures can reduce its appeal. 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.
However, you'll almost certainly enjoy your renovated bathroom more than if you lived in an old-fashioned space. 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. Modernize professionals can help you connect with trusted local contractors who will help you build the bathroom you've always wanted and maximize your bathroom remodel ROI. 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 your bathroom fixtures are fit to work, a remodel may not be on your immediate radar, but a careful inspection like the one your home will undergo if it is brought to the market can reveal issues that could make a bathroom remodel the best thing for you. Most properties with renovated bathrooms sell at a higher price and faster than homes that require major upgrades. Lastly, a major bathroom renovation may not fit your budget or long-term goals, and that's OK. Bathroom renovations tend to attract more buyers and generate some of the highest ROIs when they increase the value of a home.
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