How Much Value Does a New Bathroom Add?

Any homeowner knows that their home is a long-term investment. But when looking to add value to their properties, it can be a bit unclear which improvement project would provide the highest return. One common query is: Does a new bathroom add value to my home? The simple answer is yes, it generally does.  

But how much value does a new bathroom add, and which specific improvements contribute most to that value? Let's dive deeper into this topic. Remember that the numbers cited below are estimates, and the actual value of your project may vary.  ‍

The Value of Adding a Bathroom

Average Resale Value Increase  ‍

Opendoor research indicates that adding a full bathroom has an average resale value increase of 5.7% or around $18,000. On the other hand, the value of adding a half-bath was approximately 2.9%, which translates to an increase of $9,000. ‍

Average ROI for Bathroom Additions

To put it in perspective, an investment in a midrange bathroom addition, which typically costs around $63,986, would recoup about 51.8% of the cost upon resale, contributing around $33,160 to the property's value. For an upscale bathroom addition, one could expect to spend around $114,773 and recoup 51.5% of the cost, increasing the property value by about $59,136, according to Remodeling Magazine’s 2022 Cost vs. Value Report. ‍

Bathroom Elements That Add Value

Showers

Consider adding a shower to increase your home’s value. According to Consumer Reports, walk-in showers can increase resale value by 1-2%.  ‍

Bathroom Vanities

A bathroom vanity, particularly a double vanity configuration, is a much-desired bathroom upgrade. The vanity serves as a stylish centerpiece and functional storage solution. According to a HomeLight report, a double vanity was 2021’s number one desired bathroom upgrade, with 65% of surveyed agents noting that this upgrade appeals to buyers. ‍

Flooring

Upgrading the bathroom flooring can also contribute to increased home value. According to Realtor, new flooring can increase home value by 2.5%. Some of the best materials for bathroom flooring are hardwood and stone tile. Heated floors can add an extra sense of extravagance and comfort. ‍

Lighting

Consumer Reports states that opting for energy-efficient LED lights could add between 1-3% of value to your home. Illuminating the bathroom with tastefully chosen LED lights can help create a luxurious ambiance while also being cost-effective in the long run. ‍

Paint

A fresh coat of paint can do wonders for your bathroom, adding between 1-2% to your home's value according to Consumer Reports. Neutral color schemes and high-quality paints offer the most appeal. ‍

Toilets

The toilet is an essential element of any bathroom. Upgrading to a modern, water-efficient model can add about 5% to the home's value, according to Checkatrade. ‍

Faucets

Depending on the material and construction of the faucet, this upgrade could add approximately 1-3% increase to a home’s value according to HomeLight.

Trends In Bathroom Design

The design of your bathroom, while functional, is also a key factor in determining its value and appeal. Thus, it is crucial to stay informed about current and upcoming trends in bathroom design. In 2023, we see several emerging styles, technologies, and luxury bathroom ideas that are becoming increasingly popular among homeowners and prospective buyers. ‍

Integrated Lighting

Lighting is becoming an integral part of the bathroom design with LED lights being incorporated into luxury medicine cabinets, mirrors, and vanity cabinets. This trend adds an extra layer of functionality and ambiance to the bathroom. ‍

Spa-Inspired Aesthetics

With the bathroom increasingly viewed as a personal sanctuary, spa-inspired designs are becoming more prevalent. These can involve features like large soaking tubs, rainfall showerheads, and natural materials such as stone and wood. The aim is to recreate the luxurious and soothing ambiance of a spa, turning the bathroom into a space for relaxation and rejuvenation. ‍

Art Deco Inspiration

Art Deco, known for its bold geometric designs, rich colors, and lavish ornamentation, is also resurfacing in bathroom design. Bathrooms adorned in the Art Deco style often feature striking color schemes, statement lighting fixtures, and mirrors with distinctive shapes. ‍

Floating Vanities

Floating vanities are gaining popularity for their sleek look and space-saving design. By mounting the vanity directly to the wall, it frees up floor space, making the bathroom appear more spacious and open.

Timeless Mid-Century Modern Design

Mid-century modern design, characterized by its clean lines, organic forms, and emphasis on functionality, is being reincorporated into the bathroom with a contemporary twist. This includes the use of wood and other natural materials, paired with modern elements like white subway tiles and geometric patterns. Floating vanities, globe lighting, and freestanding tubs also complement the mid-century modern style, combining vintage charm with contemporary luxury.

‍The Importance of Expert Opinions

In the realm of home improvements, especially for projects as significant as bathroom additions or upgrades, expert opinions can be invaluable. Consulting with real estate professionals, interior designers, or contractors can provide a wealth of knowledge and expertise that homeowners can leverage to their advantage. ‍

Real Estate Professionals

How much is a bathroom worth on an appraisal? Real estate professionals can offer a keen understanding of the housing market and insights into what prospective buyers value most. Their knowledge can help guide your bathroom upgrade decisions to align with current trends and buyer preferences, thereby maximizing the return on your investment.

Interior Designers

Interior designers bring to the table a unique blend of creativity, technical knowledge, and an eye for detail. They can help create a cohesive and appealing design that not only aligns with your personal style but also enhances the overall value of the home. Interior designers keep abreast of the latest design trends and can recommend materials and fixtures that you may not have considered on your own.

Contractors

Contractors play a critical role in executing your vision. They ensure that the design is implemented correctly, all building codes are adhered to, and the project stays on schedule and within budget. It's essential to obtain multiple quotes from contractors to ensure you're receiving a fair price. Remember, the lowest quote isn't always the best option; consider the contractor's reputation, previous work, and reliability when making your decision. ‍

Final Thoughts: Value of Bathroom Additions

While adding a new bathroom or upgrading an existing one can significantly increase home value, it's important to seek expert advice along the way. Be mindful that the exact increase in home value or ROI of a project will depend on a variety of unique factors. Professionals bring knowledge, experience, and valuable insights to the table, which can help optimize your project's value, improve the execution, and ultimately, enhance the appeal of your home.