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Saturday, January 27, 2018

  Does Adding A Gym In Your Home Add Any Value?

It's that time of year of again. Clearly everyone is dedicating the next few days, weeks, and months to getting in better shape. That being said, traditional gyms are absurdly crowded right now and will most likely be for the next few months.

So how about just building one in your home? Sounds expensive and it probably will be as exercise equipment is both pricey and difficult to move. That being said, as a society we are very unhealthy and many of us are overweight. To combat this there has been a plethora of movements to help prevent obesity. One such movement has been the increase in home gym ownership.

Now we have to ask ourselves, "Does having a home gym truly increase the value of my home?" The short answer is absolutely not! In spite of this, it most certainly will increase the desirability of your home to a certain set of buyers. Think of it like a pool. Study after study has revealed that even if you live in Arizona, a pool will not increase the real value of your home, only the perceived value.

The fact is that by having a home gym, the appeal of your home will increase to a certain subset of buyers. The only positive investment would be that of your health. It's one of the few things in life that you can actually control.

If you choose to buy all of the equipment brand new, expect to spend at least $1,500 for lower end equipment. For top of the line gear expect to spend at least double that. Should you buy used equipment, the cost will be much lower. However, shiny equipment would be more enticing to the potential buyer psychologically.

302 N. Cleveland St.
Oceanside, CA. 92054
760 822-7403
 David J. Albert Broker-Owner
"Serving Oceanside Communities Since 1979"

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