What return on investment can you expect from a bath remodel?
Imagine waking up in the morning and walking into your bathroom to get ready for work. You know the room with the poor lighting, the dripping faucet, and the shower head that barely gets you wet. Great way to start the day!? Now imagine waking up and walking through that same door to a beautiful well lit room. A room that feels bigger because of more mirrors and a glass door where that old shower curtain was. A room that feels warmer because of heated tile floors. A shower with dual heads and body sprays that invigorate you and get you ready for that work day. Which room would you rather walk into? I think for most people that question is a “no brainer”. But the big questions are: how much does the second room cost and is it worth the investment.
There is no hard and fast answer to either question. There are however some averages we can look at. They are generally broken down into two categories.
The first is the mid-range bath remodel. This is generally considered to be a 5’ by 7-8’ room. Nationally the average cost of this remodel is $9,100.00 to $11,000.00. It would include replacing the bathtub with a new acrylic or porcelain over steel tub with new standard chrome fixtures. An acrylic or tile tub surround with a shower curtain or sliding doors on the high side. It would normally include a 30”-36” vanity with a cultured marble top and standard chrome fixtures. A new mirror and light and an exhaust fan are normally included as well as a new water saver toilet over a tile floor. According to many realtors and Home & Garden, depending on where you live you can expect your return on investment to be from 81 to 102% on the mid-range complete remodel. Not a bad investment!
The second category is the upscale bath remodel. Upscale is considered to be a 9’ by 9’ room or larger. Using national averages this job will cost $26,000.00 to $30,000. The upscale bath may include a garden or a whirlpool tub with roman tub faucets in a finish other than chrome. It may also include a 4’ by 4’ walk in shower with multiple shower heads, body sprays and a handheld shower. I heavy glass door is also widely used in this type of remodel. The shower walls are generally done in tile or stone as well as a tile floor with a heat mat underneath. A double bowl vanity with drawers and granite top with under mount bowls are the most popular for this type of remodel. 8” spread faucets are generally used for this type of bath. A fan and light and a comfort height elongated water saver toilet complete the look. Matching mirrors, lights and accessories (towel bars and etc.) are generally used. According to the National Association of Realtors you can expect a 69-85% return on investment for this type of remodel. Not as good as the mid-range, but still not bad.
The other factor to consider when deciding on whether or not to make the investment is the enjoyment factor from the use of your new room. There is no measurement for this, but it should be considered when deciding on whether or not to make the investment.