“Bathing in Luxury” couldn’t be smarter: Did you know that many notable sources on investment strategy have cited bathroom remodeling as one of the top two ways to increase the value of your home? Along with kitchen remodeling, bathroom remodeling projects continually make the top of the list. That’s right….According to “Remodeling Online”, remodeling your bathroom has one of the highest cost/value ratios of almost any home improvement project. It also increases the appraisal value of your home by significantly more than the amount of the actual cost of the bathroom project. Where else can you invest your money with such a return, AND enjoy using the investment vehicle in literally, “Just One Week”?
Whether you intend to resell your home in the near future or not, flexible and competitive financing programs make the investment aspect of a bathroom remodeling project even more appealing. Relatively low monthly payment plans make any dream bathroom attainable… and you can pay the balance of the loan off when you sell your home. A beautiful space to use every day. A sound investment. A reasonable expenditure. Now that’s “bathing in dreams”.
For return on investment, the best home renovation is to upgrade an old bathroom. Kitchens come in second.
The return on investment on a mid-range bath modernization is 102% of its cost. Kitchens can add about 90% of their costs to the home’s value.
Another home improvement that can pay off is window replacement. Not only does this job return about 90% on investment when the house is resold, it saves on energy bills every year.
As a rule, upscale improvements pay off at lower rates than mid-range or inexpensive ones. And making a house bigger and more luxurious that those of your neighbors will also cost a lot more than they’ll return when the house is sold.