Should You Add A Bedroom or Bathroom To Your Home?
If you’re looking to increase the value of your home, you may be considering adding an extra bedroom or bathroom. But which offers the best return on investment? According to real estate experts, bathroom additions have twice the resale value of a new bedroom. So, while adding a bedroom may be less expensive, it will not add as much value to your home as adding a bathroom will.
Of course, other factors must be considered when deciding whether to add a bedroom or a bathroom. If you have an extra room that could easily be converted into a bedroom, then the decision may come down to personal preference. But if you’re starting from scratch, then adding a bathroom is the way to go if you’re looking to increase the value of your home.
The Cost of Adding A Bedroom vs. A Bathroom
Adding a bedroom typically costs anywhere from $10,000 to $50,000, depending on the size and complexity of the project. For example, if you’re converting an existing room into a bedroom, then the cost will be on the lower end of that spectrum. But if you’re starting from scratch and building an addition, then the cost will be on the higher end.
The cost of adding a bathroom is typically in the same ballpark as adding a bedroom. However, there are some key differences to keep in mind. First, bathrooms require plumbing, which can add to the overall cost of the project. Second, if you’re planning on adding a second-story bathroom, then you’ll also need to factor in the cost of installing an elevator or staircase. So while adding a bathroom may not be any cheaper than adding a bedroom, it will likely offer a better return on investment due to the increased resale value.
When deciding whether to add a bedroom or bathroom to your home, there are many factors to consider. The most important factor is typically resale value; however, other factors such as cost and personal preference should also be taken into account. Ultimately, it’s up to you to decide what’s best for your home and your budget.