A bathroom remodel can make a home more functional and aesthetically pleasing as well as increase the value of the property. For those considering selling a home or simply want to refresh the space, a bathroom renovation is a smart financial decision.
The cost of a bathroom remodel depends on a variety of factors, most notably the project scope. According to the Remodeling 2022 Cost vs. Value Report, the average cost of a mid-range bathroom remodel was approximately $27,00. A small bathroom remodel or powder room update would be even more affordable. And, homeowners don’t need to add luxury fixtures or high-end features to reap the benefits—in fact, higher-priced upscale bathroom remodels have a lower estimated ROI than modest refreshes. And, according the report, homeowners can expect to recoup nearly $16,000 of that cost at resale for an ROI of nearly 60 percent.
Learn about estimated costs, fixture suggestions, and material shopping tips to get the most return on a bathroom remodel investment.