Bathroom Remodels Increase Home Value Fact or Myth?

We know you would like a simple answer to that question, but Kotz Heating, Cooling & Plumbing has found it’s just not the case. Just about all realtors will tell you updated bathrooms are important and can often be the difference in making a sale. If you are looking to add to the value of your home a bathroom remodel is a good place to start.

Return On Investment

However, let’s not turn this into a fairy tale. We’re not here to say you will get a dollar-for-dollar return on your investment. Our experience is, you can expect about a 50% return on the money you put into the bathroom. That is one of the higher ROI ratios for any home renovation project, but there are many variables.

Average Cost

As with almost any home improvement, a quick online search will show you an extremely wide cost range for a bathroom remodel. According to Remodeling Magazine, a mid-range bathroom remodel in 2018 cost $19,000. It was $62,000 for an upscale project. In percentage terms, the return on investment will almost always be lower for an upscale project. Remember to make sure the project matches the rest of your home. It doesn’t make sense to invest in a luxury bathroom if the rest of the house is more modest.

They’re Called Professionals For A Reason

A complete bathroom remodel is a very ambitious project for even skilled do-it-yourselfers. There are just too many pitfalls. Mistakes, or less than ideal workmanship, can quickly reduce your return on investment and may even have a negative effect on your home’s value. There are many advantages to having a professional designer/contractor handle any home renovations.

Style:

A designer’s job is to know what the current popular styles are. The last thing you want is a bathroom that looks dated.

Less Stress:

When you hire a designer who’s backed with the tools and vendors needed to get the job done, you alleviate the stress of filing permits, shipping and receiving products, understanding code compliance, and any other unseen issues that may arise.

Done On Time:

When professionals are involved the work is almost always done on schedule. Their livelihoods depend on it. We have seen many DIY projects that take forever to complete because well-intentioned homeowners aren’t able to dedicate the time needed to finish the project.