Remodeling Services in West Los Angeles

Are you considering adding some fun to your home with a special remodel project? How does a home movie theater sound to you? Before you jump into designing and started your project you may be asking yourself if a home movie theater would add any value to your property. These kinds of home additions are highly desirable and considered a luxury, but that doesn’t mean they add value. Let’s take a look at whether or not this remodel would add value to your home.

Does A Home Movie Theater Add Value To Your Property?

Design

The key to a home theater that increases your home value is all in design. You need to make sure your design is elevated and unique with finishing touches for it to add any quality in value to your home. In some cases, you will find an appraiser that will give vs; due to this finished space, but not the equipment. You need more than a large room with a projector to attract any kind of upswing in value. This means you should consider high-quality upholstery and textiles as you finalize your design.

The Technology

You could potentially spend thousands of dollars on tour home theater tech, and not see any additional value added to your home. There is a lot of personal preference in the type of equipment, so what may seem desirable to you may not be to another buyer.

Basement Conversion

If you are considering a basement conversion, pay attention to your location. Is your home located in an area where a home movie theater would be expected, or would potential; buyers prefer an open space to use as they, please? This goes for other areas in your home you may consider as the remodeling spot. You need to consider your future target buyer if you are focused on upping your home value.

Location

As mentioned above, the location of your home has a lot to do with what will affect your value. In some areas, a lack of home theater will detract buyers when the other comparable homes all have one. On the other hand, if a home theater is not common then potential buyers may see a different use for that space.

So, Do Home Theaters Add Value?

Taking a look at the factors listed above will help you determine whether or not a home theater will add value to your property. It can be difficult to determine because this is a consistent viewpoint, but you can do your best to make an educated guess. It is a good idea to compare the cost of the home theater versus the return on your home when you sell. The best advice you could get would come from a real estate agent who can run comparables regarding your home and its surrounding homes in the current market.

How Much Would It Cost To Build A Home Theater?

This can be difficult to determine because there are so many factors that go into a home theater and you can create as simple of a plan or luxurious in a plan as you want when you are designing it.

In Conclusion

For more information on home values and to buy, sell, or invest in the Portland area, contact us!