5 Ideas For Your New Bonus Room
Erie Insurance provides homeowners with suggestions for transforming unused spaces into valuable bonus rooms, potentially increasing home value by 4% to 6%. The ideas include creating a workout area, kids' playroom, arts and crafts room, movie theatre, and music room. These enhancements not only personalize homes but may also necessitate updates to homeowners insurance to reflect increased property value. Erie Insurance is recognized as a top homeowners and automobile insurer in the U.S., rated A+ by A.M. Best with nearly 6 million policies in force across 12 states.
- Transforming unused spaces can boost home value by 4% to 6%.
- Erie Insurance is the 11th largest homeowners insurer in the U.S.
- Rated A+ (Superior) by A.M. Best Company.
- None.
ERIE, Pa., April 6, 2021 /PRNewswire/ -- Whether it's a spare bedroom, the basement or extra space above the garage, there are lots of reasons to personalize "bonus" space in your home. Whatever your motivation, Consumer Reports estimates adding a flex or double-duty room can potentially boost your home's value by 4 to 6 percent.
If you are looking for ideas, Erie Insurance has five suggestions to create a bonus room to brag about:
- Workout space: Make a home gym with rubber flooring, fitness equipment and free weights. Or mellow out and design your own yoga sanctuary. Either way, adding mirrors to a room can make a smaller space appear larger and help you check your form.
- Kids playroom: Whether it's for your own kids, grandkids or a home babysitting setup, the little ones will love having their own space. Houzz has this list of ideas for designing a playroom.
- Arts and crafts room: Here's your excuse to splurge on home organization accessories! Creative hobbies like sewing, painting, knitting or quilting require lots of supplies. A designated space can help you keep your creative focus. Get more hobby room inspiration in this list from HGTV.
- Movie theatre: With a home theater, the whole family can enjoy the big-screen experience without the overpriced popcorn. The must-haves? A projector, comfy seating, dimmable lighting and a solid sound system. Amp up your next showing with this list of creative family movie night ideas.
- Music room: Soundproofing makes at-home recordings sound cleaner - and keeps the neighbors happy, too. Whether you want a home recording studio or just a space to jam with friends, opt for bold, inspirational colors, mood lighting and lots of storage space.
Whenever you tackle a major home improvement project, don't forget to check in with your insurance agent. Major improvements that add value to your home often mean you need a higher limit on your homeowners insurance. Learn more about what makes our homeowners coverage different, or find a local ERIE agent to request a quote.
About Erie Insurance
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer and 12th largest automobile insurer in the United States based on direct premiums written and the 16th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has nearly 6 million policies in force and operates in 12 states and the District of Columbia. Erie Insurance Group is a FORTUNE 500 company.
News releases and more information about Erie Insurance Group are available at www.erieinsurance.com.
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SOURCE Erie Insurance Group
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