For 1.3M house, if we spend 50-75K to create a nice, but not so upscale home theater, how much would it increase the house value later? |
Eh, might be like a swimming pool. |
Funny......but how? |
Can't imagine it boosting the value much at all, frankly. |
It won't boost the value dollar by dollar , what does marginally boost the value is the fact you have a home theater. It's usually a must have in most new construction now a days with a finished basement. |
So I saw one of these in a house recently. It was around 7 years old and SO dated now. Like the speakers and the screen, everything had changed so much. Even the couches looked older. I felt like it had dated the house way too much.
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Not all, IMO.
I loathe home theaters. If I bought a house with one, I'd only be thinking about how much it would cost to tear it out and turn it into useable space. |
+1 |
little kids could drown in a home theater? |
+1. I'd think it might increase value by, say, $5-10k (guesstimate), just because it means you'd have good wires in place to support a reno later on. But otherwise, people want what they want. I'm not going to want your stadium seating, or else I'm going to want a different configuration. |
Figuratively, I think they could. All that screen time... |
+2. |
You won't get back the full investment. The amount of value it adds also depends - Are you finishing space that is currently unfinished? Are you adding new square footage? Those things in and of themselves will add value. Converting an existing room into a media room would return maybe 15% of the cost. |
I agree. Might be like a swimming pool. Some buyers will like it and some would appreciate the extra space for something else besides a theater. I wouldn't put one in just to try to increase the value. |
We have a home theater but our house is 6br 6ba and 6000 SF. I don't think I need another room. Point is that most houses that have home theater rooms are already large. |