Anonymous wrote: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.
Anonymous wrote:Yeah, home theaters came to be during the 2000s heyday with luxury everything becoming mainstream (granite counters, high-end appliances, hardwood floors). It was also a time when flat screen TVs and projectors were just coming around and suddenly it was a time when everyone could own a large-screen TV. You didn't have the pay $2000 for the 40" rear projection monstrosity like in the 90s.
Today, with everyone watching their own thing on their own devices, home theaters are kind of out. Yes, people still use them, but I'd be no more than a couple of times per month (more during football season).
Now people still have the big TV in the basement, but it's not in a separate room. It's just part of an overall large family room that might have a pool table, play area, etc. Fewer people are plopping themselves down to watch a 3 hour movie in a solid block without anything else going on.
Anonymous wrote:We have a home theater. DH built it in a somewhat remote, unfinished portion of our basement a few years ago. We just have big comfy couches in it, no riser, but it does have 3 large screens and a wet bar.
If we moved, none of the electronics would convey, but it does have state of the art wiring throughout.
Had a home theater in last house as well. It's definitely what sold it for the husband. We were home when they toured and it was a real plus for him.
However, in both cases, these were not rooms that replaced other standard rooms. We already have a family room, playroom, guest room, etc.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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
+2.
+3...however, my swimming pool is non-negotiable. I could not buy a house without one.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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
+2.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Not much at all, especially in that price range. It just doesn't appeal to many people, and the technology gets outdated so quickly.
I agree but it depends where this house is. My house is worth $1.3 million in Bethesda and we'd have to give up the entire basement family room to get something even approaching a home theatre. It would definitely devalue the house because there isn't that much space to spare. But if it's a $1.3 million house in the exburbs with plenty of space then maybe it's a fine use of space. I still don't think you make anything back on it.
And also agree on the technology. We did a reno 5 years ago and put in wiring for speakers, etc and it was literally obsolete before the reno was done.
I think home theaters are tacky but other people like them.
Doubt your home in bethesda is worth 1.3 million if a home theater would take up your basement, unless you have a lot of land.
I will alert the neighbors. For some reason people are willing to pay $ to be close to DC and in the Whitman district even if the houses aren't mcmansions. I don't know anyone in our neighborhood with a home theater. But the houses sell within a week for $1.1m+.
Cool story bro. you stated that if you built a home theater it would take up your entire basement.
http://www.redfin.com/real-estate#!sold_within_days=180&v=8&sst=&lat=38.95523156343617&long=-77.1152256872582&zoomLevel=15®ion_id=119943®ion_type=7&market=dc
Anonymous wrote:Many husbands would be sold on a house that has a home theater but I think a finished TV room in the basement would be more than fine. Only install it if you really want it- that's a lot of $ and you won't get the investment back. Several friends that have home theaters rarely use them.
Anonymous wrote:Not much. Technology ages quickly and what may have been state of the art 3 years ago is now outdated. I would guess you would get 25% to 35% return on your investment.
Put it in if this is something which is important to you and you will enjoy.
The best return on investments are bathrooms and kitchens.