Bathroom Renovation: Impact on Home Value

Curvy21 asks,

I was planning on renovating my master bathroom by replacing the double vanity sink with 2 pedestal sinks and a mirror for each. No cabinets or anything. The back wall would have some type of stone and bamboo flooring. The sink area is outside of where the tub/shower and toilet are. I wanted to know if that would bring my home value up or down. Which is a better investment a vanity cabinet sink or pedestal sink?

Our Answer

Bathroom renovations typically give you one of the highest returns of investments of any home improvement project. In fact, according to the 2013 Cost vs. Value report, depending on where you live, you can expect to recoup up to 65% of the costs. Now, whether to use a a vanity vs. a pedestal sink is very personal issue. One buyer might think the clean look of a pedestal sink is great, and another might wonder where to put all the extra shampoo bought at a big box store. There isn't a huge difference in either case… and bottom line is a bathroom renovation is ALWAYS a good thing