I was trying to sell my house but wasn't getting the right value for it. I called my uncle and asked him what to do. He visited my house and, after looking around, suggested that I get the bathroom renovated. After this, I asked him do bathroom renovations add value. Here is what he told me following that.
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Does Bathroom Remodel Increase Home Value?
My uncle told me that bathroom remodeling does increase the value of our home. He said that through a midrange bathroom remodeling, I could expect to see a 70.1% return on the investment. He also said that for an upscale bathroom remodel, I can get a 60.2% return.
He said that these are just average numbers and that the actual return on investment can vary depending on quite a few factors. Some of those factors, when it comes to does redoing bathroom add value are
The current condition and layout of the bathroom.
Quality of materials and finishes that I select for the renovation
The real estate market scenario in my area when selling the property.
He also added that while a bathroom remodel is a great way to increase the value of your home, it’s important to do your research. After that, hiring a reputable contractor is also necessary to ensure getting better results for the amount of money spent.
This is what my uncle told me when I asked him do bathroom renovations add value. I hope this helps.
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Do Bathroom Renovations Add Value?
Rahul
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2024-06-12T00:02:18+00:00 2024-06-12T00:02:19+00:00Comment
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