Bathroom/Kitchen Renovations

Renovating your existing bathroom with the latest high-quality products is one of the smartest property investments you can make. Bathrooms and kitchens are the main selling points in a house, so a properly designed and installed bathroom can make a big difference to the value of your property, often dramatically lifting the selling price. However purchasers have become very conscious of having a modern layout with high quality finish, so it needs to be done right How much to invest? A typical bathroom or kitchen renovation is an investment of 3 -5% of the house value. This is only a guideline with New Zealand's property market across all regions. It really comes down to investing in a bathroom or kitchen renovation project to suit the house from both a value and design perspective. An estimate cost of a bathroom renovation that's valued at around $1,000,000 would call for an investment range of $30000 - $50000 (3 - 5%) Small Bathroom $19 - 25K Medium Bathroom $25 - 35K Large Bathroom $35K Fluctuations will occur with: * tiled showers * floor to ceiling tiling * expensive bathroom fittings * repairs and adjustments of existing structures 33% of your investment is used in visible products 10% is used in building materials 57% is used for labour/trade costs