Recouping Your Bathroom Remodeling Investment
It's hard to tell how much money you would actually get
back on any bathroom remodeling project, after you sell your home. I'm
not going to give you an exact number, because that would be impossible
for anyone to do, until you've actually sold your home.
Even after you sold your home, you would have to know what you would
have sold the home for with out the bathroom ever being remodeled. In
other words, I doubt if anyone could tell you how much money you're ever
going to recoup on your bathroom remodeling investment.
Whenever I see a statistic about bathroom remodeling, I often wonder
where they're getting their information from. I've seen some ridiculous
numbers in some of these home improvement or remodeling magazines and
even on some of their websites.
I'm not suggesting that this information isn't true, I'm just suggesting
that some of these numbers could give a homeowner who's interested in
remodeling their bathroom a false illusion about their bathroom
remodeling project, especially if you're looking at it as an investment.
Some of these numbers are pretty hard to swallow.
Here's what I'm suggesting to anyone who's interested in recouping a
certain amount of money from their bathroom remodeling investment. Try
to do a little more research in your area by contacting some real estate
professionals. These are usually the people that have a pretty good
understanding about remodeling investments in your area. They're in the
know, because they are actually selling these homes.
You could always do what most people do, remodel your bathroom, because
it's old and outdated or because you really want to remodel your
bathroom and enjoy it, while you're living there.