Top 10 Outdoor Living Space Features That Boost Home Value
Looking for ways to improve the resale value of your home? With additions like patios and decks, fire pits and outdoor kitchens, and even swimming pools, you can improve the chances of selling your home for more and (in some cases) quicker. Below are the top ten exterior features that can provide better returns for homeowners!
- Garage Doors
- Front Door
- Outdoor Kitchens
- Fire Pits or a space that would accommodate.
- Pergola or Extended Roof Overhang
- Swimming Pool
- Professional Landscaping
- Outdoor Lighting
Patios are a sought-after amenity for most homes, making them a valuable addition when trying to sell a home quickly. On average, the cost of building a patio can be as high as $15-$50 sq ft depending on size and materials used. That said, it’s estimated that well-designed patios not only add 8-10% home value, but also earn an ROI of over 80%. Patio options typically include stamped concrete or paver patios. It's worth going with a premium paver or upgrading to a decorative / stamped concrete. Patios designed with a deck, or a roof are very popular as a deck the whole width of the back of your home may look overwhelming. We recommend leaving a good amount of yard space as well for potential future buyers. Even though we recommend tailoring your backyard to your family's needs, resale value is always very important to us.
Get the best return on your outdoor patio with these tips:
- DO: Add lighting to enjoy your outdoor living room in the evening and add patio furniture for more comfort.
- DON’T: Take up too much backyard space. Many families love big backyards and green space, so leave enough space for kids and pets.