Do Wine Cabinets amp; Cellars Increase the Value of Your Home?

Real Estate News Article

< Back

Do Wine Cabinets amp; Cellars Increase the Value of Your Home?

Written By: James Stevenson
Friday, June 28, 2019

According to Realtor.com, a wine cellar ranks highly among home buyers who have incomes greater than 150,000. In fact, 31 percent of these home buyers listed anbsp;wine cellar as their most desired amenitiesnbsp;when shopping for a home.

The other trend, beyond that of a wine cellar is an in-home wine room where homeowners and guests can store and sip wine at their pleasure. These rooms are climate controlled for optimal wine storage, meaning the temperature is likely between 55 and 65 degrees. They often contain seating, multiple wine cabinets, and various accessories to make enjoying wine more pleasurable.

Not only do wine cellars and wine rooms meet the expectations of many buyers in the high end housing market, homes exceeding 800,000 in value, throughout most of the country, but they offer homeowners an opportunity to add a little ldquo;wowrdquo; factor to their homes.

Some people have taken to using wine cabinets and other wine storage options as showcase piecesnbsp;in their wine cellars. While it is important to make your wine cellar your own so you can enjoy it fully, if yoursquo;re eyeing a higher resale value for your home, then you also want to make it somewhat universally appealing too.

Herersquo;s where things get tricky though. Many people purchase homes with the idea of it being a 10, 20, 30-year or longer investment. If yoursquo;re planning to live in your home, itrsquo;s not just about improving the value of your home for future owners. Itrsquo;s about improving the value of your home for yourself and the needs of your family. If wine brings you pleasure, therersquo;s no reason you shouldnrsquo;t have a wine cellar or a wine room in your home.

In fact, doing so could improve your perceived value of your home and your personal space within your home. It certainly lends elegance to your home, is impressive to your guests, and it allows you to secure and store your wine in a manner that maximizes its flavor and appeal.

The only time it may be in your best interests to avoid adding a wine cellar is if yoursquo;re planning to sell your home soon and it is in a lower price point. While home buyers looking at houses in the middle 500,000 range may appreciate a wine cellar in the home, that isnrsquo;t the practical guarantee it would be at higher price points.

nbsp;





Copyright© 2019 Realty Times®. All Rights Reserved

Updated: Monday, July 15, 2019

7 Packing Mistakes Youre Makin...
Here are ten moving mistakes you may be makingmdash;and how to avoid them.nbsp;
  • VA Closing Costs: Seller Paid ...
    Those who are eligible for a VA loan include not only veterans but also active duty personne...

  • Can I Put Cameras in My Vacati...
    There are plenty of ways vacation rental homeowners can leverage advances in security techno...

    Copyright ©2019Realty Times®. All Rights Reserved

    Housing Rebound: Factors to Consider
    In Miami we have had an incredible year of growth with an ever shrinking supply of condos...

    Hoteliers Buy Versace Mansion at Auction
    Gindi Family and Nakash Family of New York were the winners of the auction for Casa Casuarina...

    Stunning Estate for Sale on Allison Island
    Allison Island is one of the man made islands comprising Miami Beach. One half of the island...

    Avant Garde and Luxurious Penthouse on Fisher Island
    Fisher Island is home to some of the highest net worth individuals in Miami. It is a private...

    6000 Indian Creek, Condominium Spotlight
    6000 Indian Creek is a Sieger Suarez project that was completed in 2007 and consists of...

    $35 Million Buys you THIS on Star Island
    $35 Million for a home on Star Island is par for the course in Miami Beach real estate....

    Development Update
    It is looking like a dusty winter season in Miami, with all the construction rapidly underway,...

    North Bay Road Charm, 4330 North Bay Road
    4330 North Bay Road is a stunning example of Mediterranean architecture in Miami Beach....

    Best Home Improvements for Resale Value
    It could not be a better time for a homeowner to list their home for sale in Miami. The...

    Biscayne Gets a New Development
    The Melo Group of developers acquired 601 NE 23rd St last year and have conceived of 23...

    520 West Ave Residence 2301
    520 West Avenue is home of the Bentley Bay. Bentley Bay is comprised of two modern towers...

    Spice 2013, Guide 101
    Miami Spice is a program whereby most of the restaurants in the city encourage people to...

    Hollywood has a New Hotel
    Margaritaville Hollywood is coming to Hollywood Beach and is likely to completely alter...

    Sustainable Waterfront Home on Normandy Isle, 1.85 Million
    Rarely on the market do we find completely sustainable, off the grid, homes in Miami Beach....

    Housing Inventory on the Rise at the Close of Summer
    The Wallstreet Journal released numbers via Realtor.com regarding the inventory of available...

    Warm Spanish Style Home Listed on the Sunset Islands
    1844 W. 23rd Street is listed on the Miami Beach luxury real estate marketplace for $11...

    Former Gansevoort Getting Complete Eco-Renovation
    Last year the Perry Hotel, formerly the Gansevoort, was purchased for $230 million. The...

    Affordable Luxury Waterfront on Hibiscus Island
    A home that is considered affordable in Miami terms for waterfront is generally between...

    Bart Reines New Masterpiece Released on the Market
    Bart Reines is one of the worlds most impressive modern architects living, and he has just...

    New Listing on La Gorce Island
    98 La Gorce Court has just been listed for sale. This over 7800 square foot home with 8...