The true cost of adding an emergency shelter to your house
By Michael Hollan | Fox News
It might not be as fun as a pool, but emergency shelters are still worth considering as a home improvement project.
As the nation continues to reopen after the pandemic, people are starting to think ahead to make sure they’re prepared in case something similar happens in the future. While some people are adding swimming pools to their backyards to make their homes more fun to be in -- and increase value -- it might also be worth looking into having an emergency shelter, which can reportedly add around $2,500 to the value of a home.
There are actually various kinds of shelters that can be added to a home. For people who want to be prepared for anything, they might consider building an emergency bunker that can withstand bomb blasts. Others, however, may only want a storm shelter, which are much more common.
Bomb shelters are going to be more expensive, although there are companies that specialize in installing them. According to CNET, prices for a shelter start at $19,000 and increase from there. But depending on how elaborate the space is, it can cost millions to install something like this.
Meanwhile, an underground storm shelter can cost anywhere from $5,500 to up to $20,000, Home Advisor reports. Underground shelters have additional installation costs which can add thousands of dollars to the total. These factors can include soil conditions (some areas are tougher to dig in, increasing the cost), pouring concrete for stability and the rental of digging equipment. Also, depending on local laws, a contractor may need to be hired, further increasing the cost.
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https://www.foxnews.com/lifestyle/true-cost-adding-emergency-shelter-to-your-house
