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Old 04-27-2009, 06:55 PM
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Join Date: Mar 2009
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Default THE MONSTER - "Making Noise"

Posted By: john

The highest payback on remodeling is a kitchen which would bring you 85% return, if your house is sold with 2-3 years,
that percent decreases year after year. A media room could bring 30-40% return for the same amount of time. These %
are from the National association of home Builders and
and National Association of Realtors. As an investment a media room is not considered the big two Kitchen and Bath.
It's a option that many people would not consider paying
more for 4-5 years after completion if ever. I remodeled my basement with a similar project for about $20,000 in 2006 and recently sold my house in new york. I maybe got $2000-$3000 back for the remodel. The home theather in my opinion is like buying a car it will lose value very quickly. D0 it for the love of it, not resale value if/when you move. As for the cards the cards are replacable possibly at a higher price, but with the theater after 3-4 years there will probably be no increase in the homes value due to the theater. The home will increase without the theather as it has nation-wide over the last 20 years on average. Best of luck

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