Outdoor Living: Add Value to Your Home
Because outdoor living spaces increase the amount of usable space a property has, they are a great investment. Long lasting and consistently popular, an outdoor entertainment area will easily boost your property’s value and make your home more attractive to potential buyers. If you want your outdoor living space to truly be an investment, invest in high-quality materials and builders who won’t cut corners in order to give you a cheaper product (i.e. Roanoke Landscapes). You are essentially investing in another room for your home, so you want to put just as much care into your outdoor living space as you do your kitchen, bedroom, or living room.
Just how much does an outdoor living space increase the value of your home? It’s a question we get a lot and for good reason; everyone wants a good return on investment. Yes, having a beautiful outdoor fireplace or kitchen is just that, beautiful, but (as for any renovation) you want to be increasing the overall value and appeal of your home. It turns out that a lot rests on your location and the neighborhood trends. For instance, a pool might be a great investment in one neighborhood, but would actually hurt the re-sell value of your home in another part of town. Furthermore, high-maintenance outdoor living areas, such as pools, are usually a make or break factor in the sale of a home.
If you really want to increase the value of your home, then we suggest going with a low-maintenance interlocking concrete paver patio. A patio with a fire pit is even better. Not only can you gather around the fire for most of the year, a fire pit returns over 75% of your initial investment (according to a report by CBS). They’re also a great reason to get your family outside and enjoying your landscapes.
Outdoor kitchens and eating areas are becoming increasingly popular and will also see the value of your home skyrocket. There are tons of pre-fabricated options to choose from and installation is a breeze (relatively speaking). Another way to increase the value and curb appeal of your home is to add landscape lighting. Cost-effective and truly a unique look, landscape lighting will surely make you stand out in the neighborhood. Check out our latest landscape lighting project.
The outdoor living area that remains the most sought after feature of a home is a deck; and they can be just as valuable as a patio. According to a study by Remodeling Magazine, an $11,000 deck can add about $9,000 in resale value to a home, seeing homeowners recoup around 82% of the project’s costs. You can check out our most recent deck installation.
If you want to increase the curb appeal and value of your home, but don’t want to commit to an outdoor living project, try redoing your landscape. Roanoke Landscapes will help with choosing the right plants and with the overall design of your landscape. The National Association of Realtors says that an outdoor makeover can net over a 100% return on investment, not to mention you will love the new look. So what do you have to lose? If you want to create a peaceful outdoor oasis, while also increasing your home’s desirability, then add an outdoor living area to your property this season. And, if you need additional information on curb appeal and tricks to increase your home’s perceived value, check out this article from Turf Magazine here.
