Because of the pandemic, the rise of streaming services, and the growing popularity of online gamine, home theaters have become a must-have for many homeowners. Creating these types of spaces fits an ongoing trend to make homes more comfortable and functional.

A recent survey by the Research Institute for Cooking and Kitchen Intelligence shows that 64% of homeowners want to spend more time at home now than before the pandemic. In addition to home theater equipment, homeowners spend to add wine and beer storage and home coffee brewing stations.

Market research company Technavio predicts consumers worldwide will spend $7.4 billion on home theater equipment between 2022 and 2027.

Unlike popular remodeling projects like renovating a kitchen or bathroom, installing a home theater isn’t guaranteed to increase home value. Finishing a basement and kitchen or bathroom upgrades have a higher return on investment, so if you’re going to consider a home theater space, it’s likely something you’re doing solely for your family’s benefit.

Adding big screens or projectors and high-quality sound systems in multi-purpose rooms or family rooms makes it easier to create space for the family to enjoy and use for entertainment, so you may consider that before going for a fully dedicated media room.

If you’re renovating an investment property, the dynamic changes a bit. Home theaters are a popular addition to rental homes. Experts say homes with a theater or AV room rent well, and it’s something people look for now in vacation properties.

Adding a dedicated theater space to your home ultimately depends on what you want to do with it. If you’re staying put and this space works for your family’s needs, go for it. If you’re thinking of selling, there are other upgrades that will get you more for your money.

If you’re thinking of selling your home in the Denver metro area, give Metrowest a shout – we’d love to help you with the process!