Best Bathroom Remodel For Resale Value

The 2020 cost vs.

Best bathroom remodel for resale value.

If you re contemplating investing in a major remodeling project the following 10 home improvement projects provide the best return on investment for homes nationwide according to remodeling magazine s 2019 cost vs. Cost of tub to shower conversion having a professional remodeler convert a standard 5 foot tub into a shower typically costs around 4 000 to 5 000 but bathroom remodels are one of the best bets you can make in terms of highest return on your investment. Remodeling a bathroom before resale can help attract more buyers but getting every dollar invested back at the time of resale is not guaranteed. Cosmetic changes are safer from an investment standpoint than modifications involving changed layouts or minor additions which can result in inefficient expenses.

Zillow data shows that bathroom remodels yield the biggest returns in terms of boosting your home s resale value. Value report from remodeling magazine looked at 101 u s. Keep in mind though that an upscale remodel won t bring the same high returns as a low to mid range one will. For the bathroom she recommends tans such as oatmeal or beige.

Bathroom relocating and replacing the tub and toilet and adding designer sinks and faucets a linen closet lighting a ceramic tile floor and exhaust fan for a cost of 26 052 which brings in 24 286 at resale. Remodeling a home bathroom averages a 60 65 return on investment while some homeowners report recouping over 100. For minor cosmetic changes you ll see a 1 71 increase in home value for every 1. How can you turn your bathroom into a top contender.

Markets and compared the average cost of 22 remodeling projects to see which retains its value at resale based on a. Consider these shower design ideas for your next bathroom remodel. For resale focus on the visuals. Remodeling projects that typically offer poor resale value 1.

Go beyond the standard and add unique features that will stand out to buyers features they never knew they wanted and won t want to live without. Value report shows that a mid range bathroom remodel generally costs about 19 000 an upscale remodel costs about 62 000. Other small details here and there can bring your renovation alive. The same rules apply to a bathroom remodel as to the kitchen.

According to the report bathrooms painted in these colors can raise the home sale price by about 283 while ill fitting colors such as dark brown can decrease in value by an average of 469.