The finishing touches to the bathroom, like the jetted tub and glass shower surround really put the Thomases over their $5,000 budget. But making $19,000 in equity on the project made it worth the price. Now Kristen has a private bath retreat in her personal style, with repurposed furniture she finished herself and an antique chandelier.
By doing much of the work like tiling, antique restoration and installing the wainscoting she saved thousands in labor costs.
Final tally:vanity = $350
french doors = $80
towel rack = $30
chandelier = $180
tile = $1,500
tub = $4,000
shower enclosure = $1,000
plumbing and labor = $1,000
fixtures and hardware = $1,000
paint = $100
TOTAL = $9,240
realtor's estimated value increase = $19,000
total cost of material = $9,240
NET RETURN ON INVESTMENT = $9,760