Summary
Kitchens and bathrooms are the first rooms buyers check, and a mid-range bath remodel recovers about 80% of its cost nationally. Watch the 34-second clip.
Does a new bathroom actually pay off when you sell? In this 34-second clip, William Mullikin and Cam Young talk about resale value and why buyers look at bathrooms first.
What you’ll hear in this clip
- A national cost-vs-value report puts a mid-range bathroom remodel at about 80% of its cost recovered at resale.
- Kitchens and bathrooms are the first two places buyers look.
- A tired bathroom can make a buyer pass on the whole house.
- Cam’s experience: putting the project off tends to make it cost more later.
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Video transcript
I always tell my customers, every year you put this project off, you're adding a thousand, thirteen hundred dollars to that project.
So, they're talking about in here also the resale value. If you put twenty-six thousand in, you can in theory keep around eighty percent of your money.
The biggest thing is, when you're selling your home, where are the first two places that somebody goes to look when they go to buy a home?
Kitchens and baths.
Kitchens and bathrooms. If you go in there and you don't have a good-looking bathroom, that prospective buyer passes on your house immediately. They're done with it. So, yeah, bathrooms are such an important part of your house.
Sources
This guide applies to: Bath Fitter Arkansas, Bath Fitter Augusta, Bath Fitter Columbia, Bath Fitter Memphis, Bath Fitter Oklahoma, Bath Fitter Tri Cities, Bath Fitter Upstate SC/Western NC.