Will a Bathroom Remodel Add Value to My Home?
Homeowners today are interested in return on investment (ROI) when it comes to home remodeling. A professional remodel for your house will improve your homelife, but it will also add market value to the house should you decide to sell it in the future. When deciding on a home remodeling project, return on investment will likely play an important factor in your choices.
Working with an experienced remodeling contractor who can handle all of the aspects of the job is key to receiving the best ROI, as well as to receive the ideal remodel that you envisioned from the start.
Bathroom remodels and added value
The simple answer to the question ?Will a bathroom remodel add value to my house?? is yes. How much depends on the extent of the remodeling job?mid-range or upscale?and the talents of your contractor.
According to Remodeling magazine?s recent Cost vs. Value Report for 2014, a mid-range bathroom remodel can recoup 72.5% of its cost in added value for a home. An upscale remodel, which involves extensive new installations and plumbing replacements, can recoup 63.6% of its cost in added value. Both of these numbers show an increase from the 2013 numbers, indicating that bathroom remodels are becoming more attractive for potential home buyers and add greater value to homes than before? and the numbers will likely continue to grow in 2015.
Although the upscale bathroom remodel returns less on investment, keep in mind that it will return more for your family during the time you live in the house. As with any remodeling project, finding the balance of the various factors is key. Locating the right contractor is also key: if you turn to a remodeling contractor who handles all the tasks in-house, from design to plumbing to electricity, you will have a more cost-efficient and fast remodeling done, resulting in even higher return on investment. And when you hire a contractor with years of experience and a proven track record of beautiful remodeling projects, you will end up with the new bathroom that will enhance your life as well as the value of your home.
Striking Kitchen and Bath by Bell offers comprehensive remodeling services, starting with a free consultation for your project. For bathroom remodels in Franktown, CO, contact our specialists today or drop by our extensive showroom.
If you are looking for kitchen and bathroom remodels in Franktown, CO or the surrounding areas, look to the years of experience available from Striking Kitchen and Bath by Bell.