However, the ROI of a bathroom renovation often follows the same pattern as kitchen renovations. In terms of return on investment, exterior renovations are the ones that rule and have done so for the past 30 years, according to the Remodeling report. In fact, four of the top five jobs with an ROI greater than 100 percent are outdoor improvements. Bathroom renovations will recover between 87.7 and 93.5 percent of your investment, according to the report Cost vs.
Just like in the kitchen, don't go crazy. Install new accessories, illuminate the room with paint and put grout back in the bathtub. A new mirror and lamps can easily transform the look of a bathroom. An updated bathroom is an important selling point for any home. When renovating, incorporate elegant surfaces to create a bright space that makes cleaning easy.
According to the same report from the National Remodeling Industry Association, realtors estimate that homeowners can recover up to 57% of the cost of renovating a bathroom if they sell their home. Your home's heating, ventilation, and air conditioning (HVAC) are the components that keep everything running. These are some of the most important elements to keep. In addition, realtors estimate that homeowners can recover 85% of the cost of an HVAC replacement if they sell their home.
The return on investment offered by home improvements can vary significantly, from more than 100 percent to as little as 20 percent, depending on the specific type of project you undertake. It's also a good idea to make sure that the improvements you make are consistent with those to the rest of your home. Adding insulation to the attic is one of the best investments in the home, since it often recovers all its cost in added value to the housing.
