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Mission: Sell Your House! Part 7

Mission:  Bathroom Return

The addition of a bathroom or renovation of a bathroom will hopefully attract sellers, especially if the bathroom is on the main floor or part of the master suite.  According to www.remodeling.net the bathroom will see a 45-55% return on the investment, meaning you will get about half of the money you spent on the remodel back in the sale of the house.  While not the best bang for your buck, this number could go higher depending on the location of the bathroom and its previous condition. 

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Source:  http://www.remodeling.hw.net/2010/costvsvalue/division/east-north-central/city/grand-rapids–mi.aspx
**Disclaimer: Always consult your real estate professional about any improvements you wish to make to your home before selling. Also, The numbers used in these articles are national or regional averages based on surveys, and are not guaranteed. Seek professional advice before proceeding with any projects.  Facts and Information Generally Specific to the Greater Grand Rapids area.