How Much Value Does A Bathroom Add To Your Home

Adding a modest third bathroom.

How much value does a bathroom add to your home. They want to enjoy their space more and they want to add on more value to their property. But not all renovations add value equally and in fact some add a lot less than you might think. According to remodeling magazine the average bathroom remodel costs about 18 000 and yields a. The biggest culprit to devalue homes is limited bathroom access.

The good news is that the additional bathroom will add to your home s value and increase convenience. It s pretty easy to determine how much value a bathroom remodel will add to your home. Now that doesn t necessarily mean you need to do a complete overhaul and replace every last piece of tile from floor to ceiling. On an average if you want to turn an existing space into an 80 100 square foot bathroom the cost to add a bathroom to your home would be about 7 500.

This could reduce offers on your property by up to a staggering 20 000 the survey reveals. Consider two bathroom remodeling options a midrange bathroom addition can cost 47 000 with an increase in your home s market value of about 28 000. If done properly even a medium scale bathroom remodel can add significant resale value to your home. This new insight tells us the real value of investing in a good bathroom design.

If your home has the space to add a master bathroom to the master bedroom you may be more likely to receive interest from home buyers when it comes time to sell. Let s do some math. How about a bathroom renovation then it is going to increase the value of your home. A well designed master bathroom can earn you more than 100 percent of your investment if the new bathroom sets your home apart from others in the area that lack a master suite.

The national association of the remodeling industry nari states that a homeowner can expect to recoup up to 50 percent of the cost put into the project. How much value can a bathroom add to your home.