The family/indoor entertainment center market is booming, with the sector expected to surpass $69.55 billion by 2030, according to findings from Allied Market Research. We’re not only seeing this trend gain steam at an industry level; we’re also seeing it pick up momentum in our own homes. American spending on digital entertainment reached an all-time high of $32 billion in 2021, up by close to 8% over 2020.
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Naturally, folks need a space to consume all of this media, and that’s where the home entertainment center comes into play. Think surround sound, mega TVs and gaming consoles. It makes for a heavenly retreat, but it can cost a fortune to create.
“The cost of turning a room into a home entertainment center will depend on the size of the room, the type of equipment purchased and the level of installation and labor needed,” said Chloe Hughes, the editor-in-chief at Foter. “Generally, a basic home entertainment center will cost several hundred dollars. This would include a television, DVD player and sound system. More elaborate systems with multiple screens and surround sound can cost thousands of dollars. Installation may also be expensive, depending on the complexity of the setup.”
Thousands of dollars? In this economy? No thanks. Let’s look at some ways to save on turning a room into an entertainment center.
Assess Your Space, Needs and Budget
“Before you do anything, measure the space you have available, figure out what you want to buy, and do your research to find the best products and prices available to fit your budget,” Hughes said. “Then, and only then, purchase accordingly.”
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Tap Memorial Day Sales
“If you’re hunting for tech bargains during Memorial Day weekend, your best bets for top sales are Best Buy, Dell, HP, Newegg and Samsung,” said Mackenzie Shand, shopping expert with BlackFriday.com. “If furniture and home décor are also on your shopping list for your new entertainment center, you’ll want to go to Ashley HomeStore, Kohl’s, Macy’s and Target for can’t-miss Memorial Day deals. Some of the best Memorial Day sales are also hosted by home improvement retailers like Home Depot and Lowe’s, so it’s a smart time to stock up on tools — especially for those in need of …….