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Updated almost 2 years ago on . Most recent reply

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Jenny Milu
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How to determine if remodel costs will hold for future sale of home?

Jenny Milu
Posted

We are considering doing a full master bath remodel. Our current master bath is okay, it's small, and the shower is tiny, we were quoted about $40k to expand the bathroom a bit as well as do a full upgrade. Is there anyway to know that this investment into the home will continue to hold its value when it comes time to sell the property in the future? 

  • Jenny Milu
  • Most Popular Reply

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    216
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    Bill J Fay
    • Lender
    • San Diego
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    Bill J Fay
    • Lender
    • San Diego
    Replied

    It sounds like this is more than just an ROI, but an investment in personal enjoyment as well. $40k is a higher end bathroom remodel. I would get a few estimates before pulling the trigger. At the end of the day, if you have the funds to do a remodel that you will use, do it. It will add to the value of your home, but your ROI will depend on the rest of the house, the market you are in, and when you go to sell.

  • Bill J Fay
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