How much does a bathroom remodel increase home value 2022?
The Case for Investing in a Bathroom Remodel
If you’re like most people, your bathroom is one of the most important rooms in your home. It’s where you start and end your day, so it’s important that it’s a space that you enjoy spending time in. If your bathroom is in need of an update, you may be wondering whether or not a bathroom remodel is worth the investment. The answer, according to a recent study, is a resounding yes!
The Costs vs. The Returns
The average full bathroom remodel will cost $26,574 in 2022, with a return on investment of roughly 60% — about $15,944 — upon resale. A typical bathroom renovation increase a home’s resale value by more than enough to pay for the renovation in all 50 states. So, not only will you get to enjoy an updated bathroom for years to come, but you’ll also get your money back (and then some) when you eventually sell your home.
The Benefits of an Updated Bathroom
If you plan to sell your home in the near future, a bathroom remodel is a great way to increase its value. Even if you aren’t planning on selling anytime soon, an updated bathroom will be a pleasure to use for years to come. Whether you’re looking for a more modern aesthetic or simply want to make your small bathroom feel bigger, there are endless possibilities when it comes to remodeling your bathroom.
Making Your Dream Bathroom a Reality
Now that you know that investing in a bathroom remodel is a smart financial decision, it’s time to start planning your dream bathroom. If you’re not sure where to start, we recommend taking a look at some before-and-after photos for inspiration. Once you have an idea of what you want your new bathroom to look like, reach out to a local contractor or interior designer and get started on making your vision a reality.
A bathroom remodel is one of the best investments you can make in your home. Not only will it increase the value of your home should you decide to sell in the future, but it will also make day-to-day life more enjoyable for years to come. If your bathroom is in need of an update, there’s no time like the present to get started on making your dream bathroom a reality.