According to a recent survey conducted by Angie’s List 2015 will see an increase in the amount of money home owners are willing to spend in their home improvement projects. in fact, a full 25 percent are planning to spend $10,000 or more in 2015 on home improvements.
And what will these (expensive) projects be? The usual: kitchens, bedroom, bathrooms but more homeowners are also looking for bigger closets and extra pantry space. And some are looking for “luxurious” bathrooms.
Experts say that remodeling a bathroom brings an excellent return on investment – generally around 80 percent. However, they point out that remodeling a bathroom can be expensive with an ‘average” bathroom costing around $20,000 and $50,000 for a master bathroom.