5 Outdoor Upgrades to Boost Your House Value
Enhance your home's value with these 5 outdoor upgrades. Discover ideas for landscaping, lighting, and functional additions to create a more attractive property.
Your backyard isn't just for weekend parties and summer relaxation; with the right renovations, it can also increase your home's market value.
The real estate market has changed a lot recently. More buyers now want homes with well-designed outdoor spaces, and they're ready to pay extra money for properties that have them.
In this post, we'll discuss some of the most effective backyard improvements you can make and how to make them work for your property.
Invest in a Well-Planned Yard
Many homeowners don't realize just how valuable their backyard can be. Properly designing your outdoor space is like adding extra rooms to your house without spending money building new walls. You're basically extending your living space.
This is especially important if you plan to sell your house because the yard is the first thing a buyer sees when they come to inspect your property, and it influences their decision to buy or not.
And according to the National Association of Realtors, if your backyard looks well-designed and maintained, your house can sell for 5% to 12% more than similar houses with bare or poorly maintained yards.
This is why investing in your backyard isn't just about making it look nice - it's about making your property stand out when you're ready to sell.
Create an Outdoor Living Room
Nowadays, more people want their backyards to feel as comfortable as their living rooms. This is becoming a big trend, and it's easy to see why.
When you properly set up an outdoor living room, you create an area where your family can relax and enjoy themselves just like they do inside.
But what does a good outdoor living room need? You'll want comfortable furniture that can handle different weather conditions.
Add a pergola or pavilion to block the sun and protect against rain. Consider good lighting for evening gatherings, some nice weatherproof pillows, and an outdoor rug to make the space feel more welcoming.
Install a Modern Outdoor Kitchen
A grill in the backyard isn't enough anymore. The outdoor kitchen trend has really changed. These days, people are going all out with built-in grills, refrigerators, sinks, and proper spaces to prepare food.
Yes, setting up an outdoor kitchen will cost you, but when done right, you could get double your money back when you sell your house. This works exceptionally well if you live in a warm neighborhood.
If you're making this renovation, use materials that can withstand any weather and arrange everything in a way that makes sense with your current outdoor space.
Professional Landscaping and Garden Design
Professional landscaping is one of the most reliable ways to increase the value of your property.
According to Unique Landscaping, an expert in this field, curb appeal is one major way buyers decide the worth of any property, and good landscaping can quickly boost a home's curb appeal.
The idea is to create a garden around your property that doesn't need much work. Use plants that naturally grow in your area because they need less water and care. This makes sense for your pocket and whoever buys the house later.
You can make your garden look even better by adding things like stone walkways and raised garden beds. Water features and garden structures are also lovely touches that can improve curb appeal. But be sure to consider how big your trees and plants will grow over time. You want your garden to look better as the years go by and not become a problem for you or the next owner.
Build a Deck or Patio
A good deck or patio smoothly connects your indoor space to your outdoor area. You can build it with natural wood, composite materials, or stone. Any of these choices will boost your home's value immediately.
It may cost more at first, but it's worth it because it will
● Increase the value of your home
● Boosts its curb appeal, and
● It costs less to maintain
This is the kind of backyard renovation that catches buyers' attention because they know how much freedom it offers them to enjoy the property. So, consider adding it to your list.
How to Maximize Your Investment
It's one thing to renovate your outdoor space; it's another to get a return on investment when selling. Making the right upgrades in the wrong neighborhood may not increase your property value. So, you must consider a few essential things when making any upgrade.
First, what's the weather like in your area? What kind of outdoor spaces do other houses in your neighborhood have? What do people looking to buy houses in your area usually want?
Of course, the idea is to create an area where you can relax, but if you plan to sell your home later, you should also consider the appropriate modifications to increase the property price.
In any case, use quality materials and hire professionals for the big jobs. You might think you're saving money by cutting corners, but poorly done work can reduce your property's value. So, keep that in mind.
Wrapping Up
Renovating your outdoor area is a good way to maintain and even increase the value of your property for years to come. However, as with any renovation project, it requires finance.
So, make sure you have the money to finance the project, and if you're worried about spending too much at once, spread out your projects over time.
Start with the upgrades that will give you the most value for your money or what you need. Then, add other features when you have the money. This way, you can handle the renovation without straining your wallet.