According to the National Association of the Remodeling Industry, if a bathroom remodel is tackled properly, homeowners will recoup 50% of the cost put into the project. The biggest factors to increase the value include updating worn-out items, modernizing fixtures, and replacing showers and tubs, tile and doors, to create a more functional space. You want your bathroom to be stylish too. A bathroom remodel or addition is one way to also improve the salability of your home or make it more practical for you and your family.
The average cost of a new bathroom remodel can vary widely, depending on the age of the home and how much plumbing or electrical work is required. Changing fixtures and adding a backsplash is much less costly than replacing everything, but you can expect to spend at least $3,000 to $12,000 on a basic remodel. The average is just under $18,000, according to Remodeling Magazine, but you may get about 66% of that cost back in the resale value of your home.
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