A quarter of all sellers make some sort of improvement to a bathroom before selling. How much should you spend? It depends. Remodeling a bathroom before resale can help attract more buyers, but getting every dollar invested back at the time of resale is not guaranteed.
If you’re planning to sell, take a different approach. Focus on getting back the maximum return on your investment and stick to midrange materials. Bathroom remodels won’t necessarily recoup everything you spent to update it at resale, but they are one of the higher return projects you can do, second to a kitchen.
Simple and inexpensive updates and maintenance like re-caulking the tub and toilet, installing modernized fixtures, hanging a framed mirror above the vanity and replacing the toilet are minimal costs over a full-blown remodel.
Average Cost By Room Size*: Non-custom – $5,000-$30,000
Average Return*: 64.8-70.1 percent
When increasing your home’s value, it’s important to remember that the market you’re selling in plays a big role in the price of your home. Talk to a Fresh Start Realty market expert on the matter prior to listing!