What is the ROI on a bathroom remodel?

The return on investment (ROI) for a bathroom remodel can vary depending on several factors, such as the extent of the remodel, the quality of materials used, and the real estate market in the area. However, according to a 2021 report by Remodeling Magazine, the national average ROI for a midrange bathroom remodel was 61.6%, which means that homeowners recouped more than half of the cost of the remodel when they sold their home.

It's important to note that the ROI for a bathroom remodel can vary significantly based on factors such as the location of the home, the size of the remodel, and the specific improvements made. For example, upscale bathroom remodels tend to have a lower ROI than midrange remodels, with an average ROI of 48.3% according to the same report.

Ultimately, the ROI of a bathroom remodel should not be the only factor considered when deciding whether or not to undertake the project. A bathroom remodel can improve the functionality and aesthetics of your home and can enhance your quality of life while you live there, even if you do not recoup the full cost of the remodel when you sell your home.

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What is the ROI on a kitchen remodel?