It’s important to consider your return on investment, or ROI, when looking into remodeling your home. And many people ask whether a bathroom or kitchen remodel will get them more resale value for their home. The answer isn’t so straight forward. There are a few considerations to make, as every home is not the same.
Is one non-functional? If your bathroom has leaky tiles or your kitchen has electrical issues, these things can show up in an inspection. It’s beneficial to tackle these projects first, so you don’t end up having to pay for it later on down the line.
Your ROI depends on if it’s a mid-range or upscale remodeling project. Mid-range kitchen projects usually return 80% of the cost during resale, while upscale projects return around 69%. Mid-range bathroom projects return 74% of the cost and upscale projects return 63%.
A quality bathroom or kitchen remodel can really do a lot for your home’s value. When you sit down with your remodeling company, ask them about your ROI. They should be able to tell you what you can expect to get back from your remodel. And if you’re still looking for a bathroom or kitchen remodeling company, check out Bath Plus Kitchen Remodeling. We are a full-service remodeling company, serving Northern Virginia. Review our projects and customer testimonials to get a feel for the quality work we do. We can help you get the best resale value on your home with a bath and kitchen remodel. Give us a call today for a free estimate.