Value is subjective, but in most cases, when it pertains to houses and real property, it means resale value. So, in this case, does a home theater add resale value to your house should it be listed on the market?
Both Remodeling Magazine’s 2021 Cost vs. Value Report and WiHome Integration, your premier surveillance system installers, agree that from a technical standpoint, a home theater doesn’t. As of the current year, the biggest addition to a home that recoups the most value is a garage door replacement, which regains almost 94% of the cost to do it upon resale. A home theater installation can’t be found on the list – but it can provide value, just not in the sense that you’re thinking.
Here’s what we found out.
The worldwide lockdowns since March 2020 because of the pandemic shuttered many movie theaters around the globe. As content providers for media, particularly movies, found a workaround around the new normal in releasing their catalog on their own streaming services, such as Disney with its Disney+ service, it became increasingly important for people stuck in their homes to get their newest movie fix while still following quarantine protocols.
A home theater can cure such an itch, especially when it’s paired with home lighting control installation for an accurate portrayal of dimmed lights in a movie theater. Anecdotally speaking, electronic retailers, real estate agents and remodelers have all seen an uptick in home theaters post-2020 as stated in a Bloomberg opinion piece. This dovetails with a more rigid survey by Nerd Bear that 7 in 10 Americans have turned to watching movies at home to pass the time while in lockdown.
While not exactly a deal-breaker, most prospective homeowners would rather have a home theater if the comparables in the area have one as well. So, what value does it impart? The value, we think, is in the enjoyment and renewed appreciation of the movie as a medium for storytelling, which, while we’re still trying to get back to some semblance of normalcy, would do just fine for the time being.
WiHome Integration is the area’s most trusted home theater installer, and we can give you the most accurate movie theater experience – from lighting and wireless speakers for home to all your multimedia needs. For more information about our services and the products we offer, call us today at (703) 215-3834. You can also fill out our form to get started. We serve McLean, Burke and Clifton, VA.