Can a Built-in Wine Cabinet Increase a Flat’s Market Value?

by Greg on September 10, 2019

bottle of wine and wineglass

If you’re thinking about increasing your apartment’s market value, you may have considered adding a built-in wine cabinet. On the other hand, you may be trying to figure out if you should put in an offer for a flat with a built-in wine cabinet. Either way, here’s what you need to know about adding these fixtures to smaller properties.

Make a Small Space Special

Sometimes looking at a long list of apartments can get old rather quickly. After a while, they all start to look the same. There needs to be something special about a flat that can capture a buyer’s attention and set it apart from the others.

For most people, a wine cabinet can provide a little sanctuary after a long day. Keeping all the wine bottles neat and organized, it can even serve as an art object for the space. No matter if it’s played up or down, there’s no denying that a wine cabinet can make a flat much more desirable.

Built-in or Portable?

Whether you’re looking for a home with a wine cabinet or you’re thinking about investing in one for your current home, something that you might want to think about is the possibility of a portable cabinet instead of a built-in one. While it’s mostly a matter of personal preference, some buyers will appreciate the portability.

Consider that the flat might be on the smaller side. If the buyers are unhappy with the location or position of the wine cabinet, it’ll be much better if they can simply move it. A built-in cabinet doesn’t grant that kind of freedom.

On the other hand, there is something pristine and glamorous about a built-in wine cabinet. It’s sleek, it’s sophisticated, and it adds that extra special touch to a space. It will also be a great conversation starter and an interesting piece in the home.

Wine Cabinets Won’t Appeal to Everyone

All that being said, a wine cabinet won’t be a priority for everyone. According to statistics, people are more likely to invest in a wine cabinet or cellar if they’re making $150,000 or more per year.

You should also consider your location, at least to some extent. Are you living in an area that is known for its wines? If so, then you might have more wine enthusiasts in your circle of buyers. This isn’t to say that wine lovers can’t be found in other parts of the country!

Just consider checking out the demographics in your area to get a better feel for who’s out there, including what they earn per year. This can give you a better idea of whether or not a wine cabinet would fit the majority of the clientele.

Selling a Home with a Wine Cabinet

If your flat already has a wine cabinet or you’ve decided that you’re going to invest in one, then you’ll want to make it look appealing to potential buyers. A wine cabinet can be tailored to a person’s specific needs but since you don’t know who is going to buy the flat, it’s best to choose an aesthetic that will appeal to just about anyone.

Classic, time-proven materials like wood, are generally the safest bet, as we can see with these furniture-style storage cabinets, but more contemporary materials & builds may be used depending on the flat’s style and architecture.

Regardless of whether it’s built-in or portable, be sure to place it somewhere that makes perfect sense, meaning as far away as possible from excess heat and moisture. A poorly positioned wine cabinet won’t impress anyone, especially not wine aficionados.

To wrap up, there are ways to increase your flat’s property value with a wine cabinet as long as you do it right. While it’s a fixture that might not be a must-have, it certainly brings unique charm and appeal to an apartment. Given that it’s a smaller living space, a wine cabinet can make it feel more like home.

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: