Are you thinking about adding a wet bar to your house but aren't sure it's a smart idea? Factors that make entertaining easier are often popular, but you should be aware of all the advantages and disadvantages. Find out if a wet bar adds value to your home before adding one.
Many people enjoy hosting their friends and family at their homes. You'll frequently require space to cook and serve drinks. A patio, barbecue or outdoor kitchen, finished basement, or wet bar, for example, may make entertaining easier.
Wet Bar
Usually, a wet bar necessitates the installation of plumbing. A wet bar is generally to be located inside your home, where it is carefully placed to mix beverages over a countertop that may be used to both prepare and serve cocktails. It also has storage for glassware and bottles of alcoholic beverages. A wet bar includes a sink for rinsing and cleaning glassware. Also, a dishwasher and icemaker are usually included. Wet bars became popular in the 1970s and have never gone out of style. People were starting to convert their basements into rooms for partying and entertainment, and what better place for a wet bar than in the basement?
Dry Bar
The idea of a dry bar is similar to that of a wet bar, except without the sink. This implies that no plumbing to a dry bar is required. The majority of dry bars are smaller than their wet equivalents. A properly-designed dry bar nevertheless has storage for glassware and liquor, as well as a place to make cocktails.
Cost of adding a wet bar
This is highly dependent on what you already have in place in the area where you wish to add a wet bar. You may not have to spend much if you already have all of the plumbing in place. Otherwise, just calling the plumber would be exorbitant.
The cost of adding a wet bar, including plumbing, can range from $2,000 to $20,000. The countertop, plumbing, sink, and cabinetry for most wet bars will cost between $4,000 and $6,000. Even if you only have the bare minimum, it's a big endeavor to take on.
Return on investment
It is quite difficult to calculate the ROI on a wet/dry bar. Most research on wet bars and their returns on investment do not distinguish between wet bars and other renovations such as new plumbing or a basement bar.
We were able to find a couple of statistics about wet bars, though. The most popular statistic is that basement bar rooms have a 70 percent return on investment. As a result, for every $1,000 you invest, you'll be able to add $700 to the value of your property. It can be worth your time if you keep an eye on improvements.
If you are planning to add a wet bar to your home, contact the Home Improvement Contractor In Stratford, CT