According to data from a home remodeling site Angi, the cost of total bathroom remodels went up 13% in 2020, and homeowners can expect to see a continued spike in remodeling costs, a side effect of pandemic-induced supply chain delays and material shortages. We have also seen a greater 30% pricing increase in remodels since the pandemic. After COVID, everything has gone up substantially. Also, it’s hard to find contractors, so homeowners are paying a premium right now. The National Kitchen and Bath Association (NKBA) says that as a general rule, you should expect to spend between 5% to 10% of your home’s value on a bathroom remodel. That means for a $250,000 home, the project may cost an average of $12,500 to $25,000, and for a $500,000 home, you could pay anywhere from $25,000 to $50,000 or higher. Check out below to see what sold in Country Place in April 2020:
42106 Pellston Drive, Novi: 3 bedrooms, 2.1 bathrooms, 1,522 sq. feet, 1 car garage, Sold Price: $247,000
Country Place Home Sold
April 2020
We have also seen primary bathroom remodels exceed $50,000, and even go as high as $70,000 if the designs were very elaborate. For more information on Country Place, or similar Northville or Novi neighborhoods such as Highland Lakes, Lakewoode Parkhomes and Crosswinds West, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.