Return on your Vino Investment

How expensive is the total wine cellar project? A wine cellar will add 1,000 or more to the value of the home. In some applications, it can be a dollar-for-dollar investment, but as with most home remodel projects, there is a cap on the dollar-for-dollar return. For example, a 5,000 wine cellar might recoup 5,000, and a 20,000 cellar might also recoup 5,000. 

With smart design, early planning, and a firm understanding of traditional wine cellar considerations (such as cooling needs), top design and build professionals are finding it easier than ever to introduce wine cellars into any room of the home. Behind the glass, on wet bar walls, and more, wine displays are every bit form and function that bring enjoyment to the homeowner and value in the resale market.

 

  • 31% of homeowners with an annual income of more than 150K rate a wine cellar as the most desired home amenity.*
  • Zillow, a leading real estate firm, reported in 2019 that 31% of homes with wine cellars sell for above-expected values.*

*Source: Hansen, Kristine - Raise a Glass to Wine Cellars, a Luxury Amenity Many Buyers Demand ? realtor.com. National Association of REALTORS® and Move, Inc.

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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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