Bathroom Renovation ROI

Many home renovations only increase the value of your home marginally compared to the cost of the renovation itself, so beware of the old idea that renovations make sense if you’re planning to sell. That said, bathrooms are different. According to figures compiled for 2011, bathroom remodelling typically boosts resale house value by almost two thirds the cost of construction. That’s not a 1:1 conversion, but few other renovations offer this kind of high return on investment. And this certainly makes sense when you think about it. Wasn’t the bathroom the place you looked at most closely that last time you checked out a house you were planning to buy? And how did the scungy bathrooms make you feel about the rest of the place? Read “DIY Bathroom Reno Supreme” to learn about an actual bathroom renovation project.

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Posted on July 16th, 2012

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