A house becomes a home when a family resides in it and starts adding personalized touches to it. Customizing and altering the overall structure of the house to meet your personal needs makes it a home. Having a unique home is always in everyone’s back of mind. So, when things don’t strike a cord in their new place, the homeowners tend to custom change it.
While reselling the house, the buyers scrutinize your custom built wine cellars to ensure the quoted price is worth paying. As a homeowner, you should remember that not all added custom spaces create equal value. So, in this particular guide, we’re going to discuss how a custom wine cellar builds the value of your abode.
Builds Value In The Right Market And Context
The National Association of Home Builders published a report in 2017 stating that buyers whose annual income is around $150,000 expect a wine cellar for a home priced at $800,000. Even though the buyers are not passionate wine drinkers, they consider it a valuable addition. Luxury home builders in Arizona witnessed a 50% hike in price offerings solely for wine cellars. Reportedly, buyers gladly pay between $15,000 and 60,000 extra for a custom wine cellar.
Real Estate scholars usually recommend making home improvements equivalent to your abode’s architecture, market value, and scale. The cellar design must fit the home and even its society. For instance, a modest suburban home will have a different wine cellar than a multimillion-dollar house.
Proves Valuable To You And Future Owners Of The House
Above all, the most important thing is the enjoyment you receive from the wine collection. Every nook and corner of that place should exactly match what you’ve dreamt of. However, you might wonder that all the money that you’re spending on building a wine cellar, will it add value when you resell it in the future.
As mentioned above, not all kinds of home enhancements are equally created. Material quality, design, and technical details play a major role in determining the value. So always choose the best custom wine cellar designers and use world-class materials. Think of it as a one-time investment that’ll reap you benefit for a long time.
Buyers always perceive a home as an emotional and financial investment. An incredibly built wine cellar can definitely make an impression. What the potential buyers feel at first sight at the wine cellar will impact their decision greatly. The offering price varies depending on that. The design and quality of the wine cellar should speak for themselves. People should perceive home renovation to be an upgrade to their lifestyle.
Pitch To The Wine Enthusiasts
When you come across a buyer who’s a wine expert, he doesn’t need an explanation for the extra price of the wine cellar. Upscale buyers always look out for such features while buying a home. If this is the case, then your problem is solved.
However, there’s also a possibility that you sell to someone who drinks wine casually or is completely a non-drinker. In such cases, it’s essential to guide them toward the lifestyle enhancement feature of a wine cellar. Did you know that around 60% of the population regularly sips a glass of wine in the U.S.? Well, yes. You can imagine the number of people seeking to build a high-end cellar at their premises.
Realtors often advise you that appealing to aspirations is the secret to selling a home: Potential buyers want to envision themselves not just surviving but thriving in your home. In this sense, a room or wine cellar ought to make them daydream about the future.
A custom wine cellar design or a wine display is a more practical option because most cellars are too cold for parties. Bring the cellar into view and include it in daily life, rather than keeping it separate from the rest of the home and treating it as an afterthought!
The best of both worlds is a wine room in the main living area; it preserves your wine while showcasing the beauty of your collection in plain sight while you dine, party, and rejoice. Along with a pool or a home theatre, the main feature of the property and a major selling factor can be a great room, den, dining room, or kitchen that exhibits the wine collection as a piece of art.
An Upgrade To The Lifestyle
Buyers will consider your personalized wine cellar to be an improvement to their own lives in addition to its uniqueness. For whatever reason, when people decide to move, they always want to improve their lifestyle.
They desire a location that will be happier and cozier than the previous location. A personalized wine cellar will be admired as a lavish yet welcoming haven for sipping wine and hosting guests.
At that million-dollar price threshold, custom built wine cellars satisfy the emotional needs of every buyer: passion, comfort, and exclusivity. And you’ll know that investing in your bespoke wine cellar was worthwhile when you go to sell your house.
Are you looking for a professional wine cellar builder who’ll build your dream wine cellar? If so, you’ve come to the right place. Custom Wine Cells is the one-stop destination to build and remodel basement storage, wine shops, and closets. We will build a safe space for storing your vintage wine collection. Depending on your requirement, we can draft a personalized plan to suit your needs.