Do you want to increase the value of your home?
Outdoor home improvements could be the perfect option. Not only can they increase the value of your home, but they can also add functionality while you live there. But not all projects provide good financial returns.
Don’t worry, we are here to help. Read on for 5 outdoor home improvements that will increase the resale value of your home.
Patios are a desirable and practical addition to most homes. This makes them a valuable addition when selling.
The average cost for building a patio is around $6,000. Although this looks expensive, you can expect an ROI of over 100%.
To get the best returns, add lighting to the patio. Furniture will make it feel like a lived-in extension of the house. Be careful not to make it too big. People still want big green spaces for their kids or pets.
Adding a pergola to a backyard to integrate the home with the garden can boost sale value. You can find pre-fabricated pergolas that are cheap but still look great and add value.
When adding a pergola, make sure you’re using a covering that is wide and tall enough for people to move around inside. Make sure to check you’re complying with local building regulations, especially if you’re extending a roof.
If you have space in your yard, an outbuilding can boost the value of your property.
Storage is always at a premium, so having somewhere to store your excess items is a real boost, especially when trying to sell. Whether you want a garage, an outdoor office or storage shed, an outbuilding adds a lot of utility.
You will get the greatest return with a high-quality pole building. Not only are they inexpensive, but they are also quick to construct. You can learn more here.
4. Fire Pit
Fire pits represent an investment that can not only boost the value of your home but add a unique selling point.
While overspending on a custom pit isn’t so worthwhile, a DIY pit can see your investment almost double.
Don’t dig an actual pit! This increases your costs and creates a safety risk. This is more likely to scare off property hunters. Make sure you get the proper permits before building, especially if you are using gas.
A lush, green landscape is immediately more attractive to buyers. Yards with only grass can look dull, so try adding some planters and borders to break up the harshness. You can add trellises and climbing plants to add color to large areas of the wall.
When planting near walls, make sure there’s space between shrubs and the wall so moisture doesn’t build up. Keep it simple. A simple, well-maintained garden will look more appealing than something too complex and hard to maintain.
Outdoor Home Improvement Projects
Any of these outdoor home projects will help to boost the value of your home, as well as improving your quality of life. They are perfect if you are staying put for the time being.
If you found this article interesting, check out some of our others. We have tips on the current trends in housing, boosting your property value and much more.