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2019 Cost vs. Value Report

A Look at the Average Return on Investment for Different Types of Home Remodeling Projects

Every year, Remodeling magazine releases its Cost vs. Value report, detailing the average return on investment (ROI) for different home remodeling projects across 149 markets nationwide.

At Hatfield Builders & Remodelers, we like to share this information with our clients so they have a better idea of what they may get out of their investment.

To help you stay informed as you consider your next home remodeling project, here are some of the latest ROI data for five of our most popular types of projects.

Whenever you’re ready to speak with a top-rated remodeling contractor in the Dallas area, simply contact Team Hatfield!

Bathroom Remodel

An upscale bathroom remodel usually comes with a return on investment of about 60%.

Examples of what an upscale bathroom remodel may involve include:

  • Expanding an existing 35-square-foot (SF) bathroom to a 100 SF space
  • Installing a new shower with ceramic tiles and a luxury showerhead
  • Installing a soaker tub
  • Adding stone countertops with a double vanity
  • Enhancing or redoing the cabinetry

Check out some of our bathroom remodels here!

 

Kitchen Remodel

On average, a major kitchen remodel in the Dallas area boasts a 54% return on investment.

Upgrades for this type of home remodeling project include adding features like:

  • Stone countertops
  • An imported ceramic or glass tile backsplash
  • A commercial-grade range
  • A built-in microwave
  • A high-end under-mount sink
  • New lighting (including underlighting)
  • New flooring

Explore some of our kitchen remodels here!

 

Universal Design Bathroom

With ROIs up to 70%, universal design bathrooms, also known as age-in-place bathrooms, are typically great investments.

This design approach enables aging or disabled homeowners to remain comfortably in their homes with various safety- and convenience-focused elements incorporated throughout the home.

For these projects, updates may include:

  • Widening doorways
  • Reinforcing walls with added grab bars and/or seats
  • Installing wheelchair-height countertops and outlets
  • Installing a walk-in shower with a fold-down seat
  • Installing a comfort-height toilet
  • Adding more accessible storage

View an example of a universal design bathroom here.

 

Master Suite Addition

An upscale master suite addition yields a return on investment of about 46%.

A project of this scale may start with a 32×20-foot addition over a crawl space, with:

  • A spacious sleeping area and an adjacent lounge area
  • A large master bathroom, complete with a double vanity, a walk-in shower, and/or a free-standing tub
  • Custom built-ins and/or a walk-in closet
  • Enhanced lighting
  • A gas fireplace

See one of our master suite remodels here!

 

Bathroom Addition

An upscale bathroom addition can offer an ROI of around 50% when the time comes to sell your home.

An addition of this scale may involve a new 100 SF addition to an existing master bedroom, with:

  • A 42×42-inch shower with ceramic tile walls, a recessed caddy, body-spray fixtures, and a frameless glass enclosure
  • A soaker tub
  • A stone countertop with a double vanity
  • Ceramic tile flooring
  • Custom cabinetry

Check out one of our bathroom additions here!

Considering a home remodel? Talk to a trusted Dallas remodeling contractor at Team Hatfield!  Call 214-278-6261 or contact Team Hatfield online to schedule a consultation.

As a premier design-build firm in the Dallas area, Team Hatfield has been honored with many industry awards, as well as exceptional reviews from our former clients!

 
Posted on: September 13, 2018
THE HATFIELD PROCESSLearn More >>
  • 1
    Initial Meetings
  • 2
    Space Measurement
  • 3
    Project Selection Meeting
  • 4
    Design Package Review
  • 5
    Initial Budget Review
  • 6
    Selection Finalization
  • 7
    Construction Agreement & Deposit
  • 8
    Pre-Construction Hand-Off Meeting
  • 9
    Start of Construction