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Real Estate January 4, 2007, 10:31PM EST

Make Your House a Superhouse

(page 2 of 2)

"My clients understand that a wine cellar is far more than a place to store wine. It is a specific symbol of power, of success."

At a minimum, expect to pay a custom wine cellar designer at least $8,000 for a sealed, climate-controlled cellar that will ensure the integrity of your bottles during aging. But you can splurge on the project and get features like display lighting, mahogany woodwork, stone arches, stained-glass windows, and flatscreen TVs.

Going Out on a Limb

When considering your home-improvement options, don't forget the backyard. Once a vehicle for childhood imagination and the test of a father's carpentry prowess, tree houses are becoming a luxury commodity for people of all ages (see BusinessWeek.com, 10/4/06, "Real Estate That Branches Out"). Expensive designs from custom builders can add a space for entertaining, relaxing, or even working to your property.

While many tree-house designers focus on providing a space just for adults or just for kids, the TreeHouse Co. in Kilmarnock, Scotland, has experience in designs that cater to all ages. A few years ago, a project in Fife, Scotland, called for a tastefully designed tree house that would appear to grow out of a 500-year-old lightning-struck cedar tree, and provide a play space for children as well as an entertaining area for adults.

Resale Appeal

The company builders constructed a 45-foot spire with cedar shingles, a copper turret, a side deck, two staircases with multilevel verandas, and a zip slide—all for the enjoyment of the youth. For the parents, they built a deck under the canopy of another nearby tree and connected the two structures with a bridge. As a result, the adults can enjoy their roughly $90,000 investment in the company of friends while keeping a watchful eye on their kids.

Whatever your out-of-the-ordinary home improvement of choice, make sure it's something that you and your family will enjoy as long as you inhabit your abode. Whether you spend $10,000 or $80,000 on a unique space like a bowling lane or a tree house, you're not likely to recoup a lot of that investment when you resell, but if it has lasting appeal, it could in lure potential buyers who might otherwise walk away.

Click here for the slide show.

Douglas MacMillan is a reporter at BusinessWeek.com in New York.

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