When renovating your bathroom, aim for a luxurious space that is inviting, relaxing, and highly functional. On average, you can expect an additional $1.71 increase in the value of your home for every dollar you invest in the home’s bathrooms. Note that this is only an estimation.
The typical ROI to expect from a bathroom is 60% to 70% and renovation costs can range from $6,000 to $60,000, with the average being around $18,000. However, like kitchen renovations, the ROI from a bathroom remodel does not increase with how much money you spend on the project. Midscale renovations regularly outperform upscale renovations. Here are the bathroom projects with the highest returns: - Improved lighting, with mood lighting and lots of natural light
- Installing a walk-in shower with glass doors and rainfall shower head
- Adding water-saving and energy-friendly features
- Replacing the sink, faucets, and vanity
- Repainting the bathroom
- Replacing or repainting the cabinets
- Adding smart storage
- Installing heated floors
- Replacing the toilet
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