MS. COMORA HAD AN INTERESTING PERSPECTIVE AS BOTH A HOME BUYERS WHO REMODELED HER HOME AND BEING ONE OF LOS ANGELES'S PREMIERE REAL ESTATE AGENTS.
“A really nice bathroom enhances your life psychologically. Some people have to have a bathtub in their bathroom. Think about your life and the lifestyle you want to live. If you home is your haven, invest in it like you would a really nice pair of shoes. Surround yourself with the best of everything,” she said.
With any major bathroom remodel, you should consider: your motivation; how much you will spend; and the anticipated return on that investment.
Perhaps you plan to sell and hope this renovation will impact resale value, in which case your goal is a direct monetary return.
Updating your baths may be enough to give your house an edge over other homes for sale in your area.
How much of your investment are you likely to get back in resale value of your home in Los Angeles?
Our research found, a typical bathroom remodel begins around $25,000.00, while a more upscale remodel will start at $58,000.00.
According to a report compiled by Remodeling Magazine, you can recoup approximately 55-60% of that cost in the resale value. Other sources have put that number much higher.