We all want to customize our homes to suit our tastes, be it with curtains, paint color or wallpaper. But when that extends beyond décor into remodeling, it can become expensive. Bathroom renovations are the most common and, along with kitchens, among the priciest projects to take on.
Is it worth the money? A study by House Method, a website that provides guides and information for homeowners, examined the value of bathroom remodels to help answer the question. To put it simply: For a gut bathroom renovation, the answer is usually yes.
In 2022, the study reports, the average full bathroom remodel costs $26,574, for which homeowners can expect a return on investment upon resale of roughly 60 percent — about $15,944. In all 50 states, an average bathroom makeover increased a home’s resale value by more than enough to pay for the renovation.
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