Can Adding a Bathroom Increase Your Home’s Value?

Every time you renovate your home, you should consider whether it will add enough value to your home to make the work worth your investment. This rule is especially true when it comes to bathroom remodeling and additions. Adding a bathroom can significantly increase the value of your home, but these home additions can also be costly.

 

So, is it worth it to tack on a bathroom to your existing home? It depends on a few factors. Below are a few factors to consider:

 

The Cost

To determine if the renovation is worth it, you must first know approximately how much it will cost. Will you have to add a foundation or roofing when you complete this remodel? If so, you should be aware that this can run a bit more than if you create a bathroom on existing foundation. Furthermore, you should consider how close your new bathroom will be to existing plumbing. The further away, the more work and money will be involved in creating your bathroom.

 

Just because you must add foundation, roofing, or plumbing doesn’t necessarily mean that adding a bathroom is a bad idea. It merely indicates that you must consider these costs when figuring the total cost of your bathroom remodeling.

 

The Potential Reward16

Once you have figured out how much the addition will cost you, it’s time to determine how much you can get back when you put your home on the market. You can ask a professional for help identifying this figure.

 

There are a few things that will go into deciding about how much you can make. You may think about when you will sell, specific neighborhood conditions, the design of your bathroom, and more.

 

In many cases, bathroom remodeling and home additions are significant investments in your home. Be sure to work with a trusted and professional contractor on this project. Doing so can ensure your return on investment and that you get a stunning bathroom.