Here’s How Much Value A Bathroom Remodel Can Add To Your Kansas City Home
Industry Studies Show That Remodeling Your Bathroom Can Increase Your Home’s Resale Value Substantially.
One thing many Kansas City homeowners overlook when weighing the costs of a bathroom remodel is how much value it can add to their home.
Homeowners who do take into account how much value a bathroom remodel adds to their home often realize that the “net cost” of doing a remodel is actually quite a bit less than they thought.
And now a respected annual survey from Remodeling Magazine is providing further evidence for this, especially for Kansas City area homeowners considering a bathroom remodel.
This comprehensive national study is done annually and is known as the Cost Vs. Value Report. The statistics in this report are broken down by region and even all the way down to the city level in many cases. What it reveals about Kansas City bathroom remodeling in 2021 is very interesting:
- For a mid-range bathroom remodel, the average resale value is about 60.1% of the total cost of the project. So as a very rough example, that means if you paid $20,000 for a bathroom remodel, you could reasonably expect to add about $12,000 to the value of your home.
- For an upscale bathroom remodel, homeowners can expect to get over half their value back – the survey predicts an average value increase of 54.8% of the cost of the project. So again, as a rough example, if you paid $55,000 for a bathroom remodel, you could roughly expect to see your home go up in value by over $30,140.
Of course, we do want to point out these are averages and examples, so we are not trying to claim that you should always expect to be exactly average—the increase in your home’s value could exceed or be below these predictions, but this is a good overall guide.
(And if you are wondering about the accuracy of this report, Remodeling Magazine takes great pains to make these statistics as truly independent as possible and has a methodology that is unbiased and rigorous).
If you would like to talk to us specifically about your bathroom remodeling project, Contact Us for a free consultation and quote.
How To Get The Most Value From YOUR Bathroom Remodel
Of course, averages are fine to talk about, but how do you make sure that you are getting the most from YOUR remodeling project? After all, you want to both enjoy your remodeling results and know that you are adding as much real value to your home as you can.
The best way to do that is to find a Kansas City bathroom remodeler that is passionate about quality. You want to always insist on finding a contractor who only uses high-quality materials that are installed by master craftsmen.
When you hear a remodeler talking to you exclusively about price, that means they are more focused on cheapness and not on true value.
Find a Kansas City bathroom remodeler that has a track record and reputation that shows they care about the value they are delivering for you and your home.
For more about us and how we do business, visit our Reputation page.
And if you’d like a free consultation and quote for your project, Contact Us.Tags: bathroom, bathroom remodeling, home improvement, home remodeling