Expanding your bedroom to add a bathroom will bring a good ROI, because it gives the buyer the sense of the general area being brand new. Buyers will be willing to pay more if a house has areas, in this case the bedroom, that are completely remodeled and/or expanded and include that sense of newness. Turning your bedroom into a livable master suit decked out with a larger closet and a beautiful bathroom is a great best way to really catch a buyer’s Increasing square footage in your home by adding a new room can be an incredibly expensive project. Although you may recoup some of your investment — anywhere from 50%-83% — the costs of this project can quickly spin wildly out of control. Just turn on any home remodeling TV show; projects that begin off with a $10,000 budget quickly spiral into $35,000 or more when homeowners and contractors run into unexpected issues. Rather than adding whole new areas, reinvent the existing space in your home to save money. Finish a basement, or convert the attic to a bedroom. Many homeowners can also add small apartments in, or over, their garages eye, close a deal quickly, and sell your home for more. THE COST OF REMODELING AND EXPANDING When it comes to remodeling and expanding your bedroom, the cost may run into the thousands, but it may also be worth the investment. If you are planning on remodeling your bedroom completely, the cost of new dry-wall, carpeting, insulated windows, new trim, moldings, a refinished ceiling, upgraded heating fixtures, and paint will likely run you around $8,000, depending on the size of the current room. If you are planning on expanding and remodeling, then you’re going to be looking at a cost around $10,000 or more. The cost of new windows is generally between $300 and $700 per window, depending on the size and the requirements. Fiberglass for wall insulation with a value of R-19 will cost about $1.80 for every square foot installed, while insulation of R30 value for ceilings and attics will cost $2.25 for every square foot installed. Per square yard, for installation and padding, carpeting averages around $15 to $25.
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