Popular ways to add a bathroom embrace adding an ensuite to a master suite or turning a closet or other unused house right into a half-bath on the primary ground. Just beware that including a toilet or creating a master suite where one doesn’t exist already can get costly quickly and might not add resale value to the home. In the previous, it was critical for homeowners to save receipts for anything that could qualify as an improvement.

For householders with good credit score who want a giant chunk of money instantly, a cash-out refinance would possibly make more sense than a HELOC, Mittal says. “At first you only pay the curiosity on the portion of the line of credit score you utilize, and the closing prices are low,” he says. Homeowners with sufficient fairness and good credit score can go for a house equity line of credit House & …