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You could always do what most people do, remodel your bathroom, because it's old and outdated or because you really want to remodel your bathroom and enjoy it, while you're living there.