Bathroom remodeling is one of the most popular home improvement projects. It's clear that you can add significant value and comfort to your home by remodeling the bathroom.
However, most people do not realize how much bathroom remodeling can add to the overall equity value of their homes. The value that each particular bathroom remodel adds to the home will depend on the scope of the project, as well as the overall condition of the rest of the house.
You will get the most value-added if the bathroom remodels you create are innovative and unique. The percentage will vary based on the project. Adding a bathroom to the existing square footage will produce a different percentage than building a new bathroom.
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When adding a bathroom to your existing home, the most profitable projects are creating the master bathroom. Most owners prefer the convenience of a dedicated bathroom.
In fact, this type of bathroom remodel is considered by experts to be the best value for your dollar investment. In most cases, you can expect to see a 100% refund of the cost of the remodel. In other words, for every $ 1,000 you spend on the remodel, $ 1,000 of value is added to your home.
While building the master bathroom in the house, many families do not have a spare room. Therefore, adding an additional bathroom is a widely-used option.
Again, an additional bedroom and full bath are the best value for your dollar investment. However, just building an extra bathroom can increase your home's value around 96% of the initial investment. If you add a complete master suite, you may see as much as 100%increase in the value of your home.