Upscale bathroom addition
Return on investment: 55%
Most homeowners choose to endure the cost, noise and general household pandemonium of adding on a bathroom for the years of blissful bathing ahead.
But they may be overlooking the potentially adverse effects the addition may have on their appraised home value. If you make your house the biggest on the block, that can be a problem.
“That extra square footage is probably going to cost you between $150-$200 per square foot, depending on the market,” Pierce says. But an appraiser is going to look at it and probably assign some cursory value, maybe $25-$50 a square foot.”
