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Replies (7)
- Stephanie Crawford, "AgentSteph77"
- Contributions:158
In my opinion, a music studio wouldn't affect price - though it may garner some additional attention from the musicians in town. Technically having a music studio is no different than any other hobby room (workshop, pool house, art studio, gift wrapping/scrapbooking center, bar, movie theater, "man cave," etc.). Of course we do have more musicians here than most other cities. Now, if the equipment all stays - that might elevate value. However, most appraisers won't give value to non-permanent items.
- Amanda Barnes, "amandarbarnes"
- Contributions:15
Clearly from an appraisers stand point, a finished room is a finished room. But the marketplace for recording music has largely moved from large corporate studios to studios in the musicians homes, with the help the internet and the shrinking size and cost of professional gear. But a build out for a professional room is still in the thousands for soundproofing, special flooring, quiet HVAC, etc. Does that investment translate into demand in this market?
- Charlottesville Real Estate, "Charles McDonald"
- Contributions:230
This is certainly a specialized situation.
I do not know that market, but I would imagine if the studio was done right it would be one heck of a selling point for the right buyer.
I do not know that market, but I would imagine if the studio was done right it would be one heck of a selling point for the right buyer.
- Joseph LaMastra, "Joe LaMastra"
- Contributions:30
That entirely depends. Did the studio host the recording sessions for Dylan's Nashville Skyline, or Billy Ray Cyrus' Some Gave All? I'd say the former would add considerable value and the latter might be cause for demolition...
- wetdawgs
- Contributions:26804
Extremely specialized situation, and as there are so many recording studios in Nashville I can imagine it would add interest but not value.
- Didi Sparks, "SoldByDidi"
- Contributions:4
I wouldn't think it would add value, especially not on an appraisal. HOWEVER this is agreat market for such so I would advertise the heck out of it in the trendy areas and publications that musicians favor. Happy selling!
- Allen Perry, "allenperry"
- Contributions:543
I agree. I don't think a studio add's to the value. But if the right buyer comes along, it could sell in a second because of the studio. This is definitely the right market to be in for recording studios. I definitely wouldn't add a recording studio to an existing space.
Does a home with a recording studio sell for more in the Nashville area?
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- 0.0/5.0
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