Does a bar in the basement add value?

16/08/2022

Does a bar in the basement add value?

This unique addition could also boost your home’s value Expanding on the conversation piece aspect, a wet bar is exactly the kind of bell and whistle that many modern home buyers are looking for.

How much space do you need for a bar in the basement?

A minimum 24” (or a more generous 30”) of bar space for each seat is standard. Foot rail: For resting tired feet, a foot rail about 7-9 inches above the floor adds a professional touch to a basement bar.

What do I put behind my basement bar?

Adding a tile backsplash and using an unexpected electric blue countertop offers an unexpected pop of color to your basement bar. Combine a beautiful bar top, awesome leather stools, a mini-refrigerator, black cabinets, classy lighting fixtures, and classy wall art to create a luxury design.

How much does it cost to build a basement bar?

Cost to Build a Bar in a Basement The cost of adding a bar to a basement ranges from $500 to $20,000 or more. Some variables to consider include: Wet bar or dry bar? Adding plumbing increases the price by $1,000-$5,000, especially in a basement where tying into drains can be tough.

How much would it cost to build a bar in my basement?

The cost of adding a bar to a basement ranges from $500 to $20,000 or more.

What is the point of a wet bar?

A wet bar is a designated space where you can make alcoholic drinks for guests while entertaining in-home. Its name comes from the fact that a wet bar always has a sink. This sink allows for easy clean-up without having to retreat to your kitchen sink, and it can also act as a makeshift ice bucket.

What do you put under bar?

How To Protect The Wall Under A Breakfast Bar

  • Use tile.
  • Add backsplash.
  • Use temporary wallpaper.
  • Carpet squares.
  • Wood planking.
  • Beadboard.
  • Scuff resistant paint.

What’s the difference between a wet bar and dry bar?

It’s an area within your home, typically with a large counter or bar, where you can prepare drinks and store your various types of liquors, drinks, and mixers. A wet-bar is what it sounds like. Essentially, a wet-bar has a sink with running water. A dry bar only has a place where you can prepare drinks and no sink.

Does finished basement count as square footage?

As a general rule of thumb, listing agents and appraisers don’t count a finished basement toward the overall square footage, especially if the basement is completely below grade—a term that means below ground level.

How much equity does finishing a basement add?

70 to 75%
In the United States, on average, finishing a basement will give you a return of 70 to 75% of your investment. For example, if you spent $1,000 on improvements, it would increase the value of the property by about $700. If you spent $10,000 on improvements, it would increase the value of the property by about $7,000.

How much does it cost to install a wet bar in a basement?

A full wet bar costs $6,000 to $22,500 or more. Wet bars include a sink and plumbing, which provides for at least cold water and a drain. You can put a wet bar anywhere you can plumb a line in.

What is the average overhang for a bar?

A typical overhang for a comfortable seating area should be around 25-30cm (10-12”), this should leave enough knee room and adequate space between the countertop edge and the person seated. Therefore, as the depth of the overhang increases, so does the comfort and usability of the bar.

Why do people put bars in their basement?

Believe it or not, the basement bars that you recognize from the ’70s trace their roots all the way back to the Victorian Era’s tea carts. These carts, handy for parlor socializing, later evolved into what we know today as the bar cart.

What are the best design ideas for a basement bar?

Some other design ideas for basement bars include fresh paint colors, budget-friendly drinking cups, along with coasters which suit your specific style. Have you wished to have an area in your house that you would feel enthusiastic about, an area with which you will identify yourself? If the answer is yes, check out our small basement ideas.

Can you put a dry bar in a basement?

If you want to keep it simple and easy, a wall bar may be right for your basement. With classy wood wall panels, creative shelving, a quality countertop, extra storage space via cabinets, and a mini-fridge or wine cooler, you can design a functional homemade dry bar. Custom Home Bar Signs

Is a small basement bar the most stylish spot in your home?

The truth is, when people plan to utilize space in their homes, the basement is often forgotten. But this space has massive potential, and with a little effort, your small basement bar can become one of the most stylish spots in your home.

Does a bar countertop fit in a basement?

Even if your bar takes up a small amount of basement space, you can make it fit in by extending shared details throughout the space. Rustic beams can frame out the area, and extend across the ceiling to tie in the seating area. Play with your basement space by thinking outside the boxy outline of the standard bar countertop layout.