Monday, February 20, 2012

Would a built in bar up the value in a home and if so by how much?

It would be a pretty big one, and my bf wanted to build a nice one but i was just curious because it is a BAR not like a pool or something. If it would up the home value, and if so by how much?? I realized it may turn off people that have families or people who dont drink or want a bar, so could someone educate me please?Would a built in bar up the value in a home and if so by how much?
If you are looking to add value, this is not the way. However, you have to live in the house. If you want a bar, build one and enjoy your space. Most people actually recommend taking them out when you sell, though.Would a built in bar up the value in a home and if so by how much?
Residential contractor montreal



In most cases a bar is not a value added item it takes space in a basement that most families could use in different ways. If the bar includes a well finished basement with a place to have big screen tv and couches it is better but the bar itself will only be interesting to someone who thinks exactly like your bf.Would a built in bar up the value in a home and if so by how much?
No, it is a permanent fixture that may not be everyone's taste.



What adds value to a home is the kitchen. The appearance of your kitchen is crucial to selling your home. Out of your entire house, the kitchen is likely the only single room that can make or break a sale.



Replace old sinks and taps, lighting fixtures, countertop and flooring. Relatively inexpensive and adds appeal and value. You will recover 100% of your investment and make your home more marketable.



Do the same with the bathroom, update taps, replace worn scratched sinks and bathtubs, mildewed tiles, and caulking, taps and flooring.



Your cheapest "update" is fresh paint throughout, and laminate flooring. And a clean up, decluttering, a well cared for front entrance.

You have heard of curb appeal, spend a bit here and it will attract buyers.



Get rid of tired old window coverings, wash all the windows.



Big bedrooms with lots of closet room and a finished basement, for general family use are also things that appeal to a buyer. And a covered carport or garage.



Above all professional finishing ! No amateur who cant make it look professional ! Invest in a mitre saw if you are doing moldings yourself.

If you dont have the skill, dont do the job.



I looked at a house the owner had "flipped" himself, none of the mouldings fit snugly, the kitchen doors were just a "tad" off and werent hung evenly, one was too big and didnt shut properly, and the laminate flooring wasnt cut properly. Overall everything was a bit "off" and it was obviously not done by a professional.



He wasted a lot of money and depreciated rather than increased the value of the house because most buyers would see it as a "redo" anyhow because it wasnt done properly.



My son bought a house DESPITE the fact that there was a huge aquarium built in as a divider between the dining room and living room. It was the first thing to get removed from the house.



Obviously the home owner thought this kind of "novelty and unique feature" would make his house attractive to buyers. In fact the opposite is true, on the list of "must haves" built in aquarium and splashy bar just dont often appear.



This home owner would have been smarter to repair the deck,

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