It’s likely that you won’t always get all of your money back on a bathroom remodel.
It’s a good idea to think about what kind of money you will be able to recover when planning a bathroom remodel. The home is typically the most valuable thing a person owns.
There are a couple different ways to survey the value of a bathroom remodel.
The Reality Of A Bathroom Remodel
The remodel of a bathroom can raise the value of a home. When you sell your home, you will most likely not see as much return as you spent on the renovation project.
What matters in terms of value of you remodel should be how happy it makes you, and how useful it is.
Cost vs. Value Report was released as a national study that surveyed the return of investment over twenty projects in the home. The report includes the return on an average and an upscale bathroom remodel.
The return on investment dollars with bathroom remodeling will fluctuate as home prices rise and fall. You can’t know for sure that you will make any money off of a remodel because of that. Havng said that, in this report, both the average and upscale bathrooms yeilded over fifty percent of a return on investment.
The result is our advice – if you are planning a remodel, focus on what you need. Consider your enjoyment of the changes and how much more livable your home will be. The ease of your every-day living is where the true value of a renovation is.
What Will You Value Most With A Bathroom Remodel?
What do you need? What do you desire most?The following issues are primary motivators for most bathroom remodel projects –
If you don’t want to move, but you’ve developed a new set of needs
You want to have more functionality in your home
You want new fixtures or a new floor plan
Those close to you tend to value what you do in a bathroom remodel.
What can you do to update your home in addition to a bathroom remodel? Remodeling your bathroom should be fun to use immediately. It’s likely that the new home buyer will appreciate the upgrades you made to your bathroom.
If you’re looking for ideas or an organization system, we’ve got it at Schoenwalder. We ae excited to help design the remodel you want.
Schoenwalder Plumbing provides bath remodel services to Waukesha WI and Lake Country, including Hartland, Delafield, Pewaukee, Brookfield, Elm Grove, New Berlin, Oconomowoc and Dousman.
Get in touch with us if you are looking to redo your bathroom.