Before you embark in a remodeling project, you may want to consider what features routinely are offered by comparable homes in your neighborhood.
If you live in a neighborhood where homes normally offer two-and-a-half or three baths but your home has one bathroom less, adding that second bath is going to get you a good return. On the other hand, if I you already have three full baths, adding another will not bring much of a return.
Remodeling can be very expensive. An upscale kitchen renovation can cost over $81,000, on average and adding an upscale master suite can run approximately $138,000.