Renovation Cost in Raleigh
Financial Considerations and Profit from Investment
My comprehensive guide on bathroom renovation expenses delves into the intricate details that dictate the costs involved. Briefly, the 2024 Cost vs. Value report from Remodeling magazine suggests that renovating a primary bathroom may set you back between $25,000 to $65,000, while a secondary bathroom update could range from $12,000 to $25,000.
Considering a bathroom overhaul before putting your property on the market can seem extravagant, but it's a strategic move. Although the initial outlay may appear unnecessary, it's important to note that such improvements can lead to a return of almost 50% on your investment upon sale. For instance, investing $50,000 in remodeling can boost your property's market value by approximately $25,000. Plus, if you plan to keep your home, remember that these renovations contribute to a more comfortable and luxurious living space, ensuring the benefits are twofold.
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