Are Vaulted/Cathedral ceilings a "feature" of the past?
Interesting renovation a ran into today in a home I’ve been asked to help market in the near future. This particular house was built in the early 90’s and had what a good many of these homes had when when built, a two-story/vaulted ceiling in the main level living area. Nice feature and at that time, a “must have” with any high end /luxury home…some would still say this feature is a must in the upper tier home market.
However, with the Green Movement we are experiencing and the country’s overall effort in reducing energy costs and consumption, high ceilings may be headed down!
So, back to this particular home…..a few years back, the current owners decided they did not want to heat and cool, thus “waste” energy and $$$, on a large space that did not provide any real “value” to them. Even though the vaulted ceiling provided nice natural light and the feeling of openness, these owners felt it was really wasted space…and $$. So, they ended up turning that space into another full bedroom and bath to coincide with the upstairs! Now that 3 bedroom / 2.5 bath home is a 4 bd / 3.5 bath and becomes much more valuable to the “market” and for resale! And, much for energy efficient ( how much? not sure exactly but I’m sure there is a way to measure the direct $$ if you charted before and after numbers)The main level living area is still very attractive…now having an 11 ft coffered ceiling!
So, I do love those high, vaulted ceilings but it makes you wonder if the new construction homes coming to market over the next few years will be more valuable with or without those guys…….
Love to hear your thoughts! respond or hit me directly via www.realestatewithjames.com!