10 ways to update your home on a budget

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4. ADD A BATHROOM
Cost: $5,000 to $20,000 and up
Cost: $5,000 to $20,000 and up
Many older New England homes were built without bathrooms on each floor or without master baths. If thats your situation, carving out space for an additional bath might be the best home improvement youll ever make. Its true that you will make only 53.3 percent of your investment back when you go to sell, according to the trade magazine Remodelings 2010-11 Cost vs. Value Report. (cont.) But, as Storey notes about his own project, its going to vastly improve the quality of my life at home. Storey recently added a master bath and says hell never regret it.