CommonWealth Real Estate Your Way, Brodheadsville
Pocono and Lehigh Valley Real Estate Blog

Bathroom Upgrades Pay Off

October 7, 2009 by · Leave a Comment 

Are you looking to buy a single family home in the Poconos, but it doesn’t have the bathroom space you were looking for?  While the home you are looking at may be 1 of only 20% of homes that do not have a second bathroom, consider the idea of buying with the plan to make bathroom upgrades within the home.  Bathroom Upgrades Pay Off!

More than 80 percent of new single-family homes have at least two bathrooms, which occupy an average of 300 square feet of floor space, or 12 percent of the total area, according to a study by the National Association of Home Builders.

The home builder’s study reports a major return on value for extra bathrooms: “When the number of bathrooms is approximately equal to the number of bedrooms, an additional half-bath adds about 10 percent to the home’s value, and one additional bath adds about 19 percent.

A mid-range bathroom remodel, which costs $10,500 on average nationwide, repays a home buyer at least 100 percent of the outlay when the property is sold, the home buyer study concludes.

(Source: REALTOR Magazine – Daily Real Estate News 10/5/09)

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