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Do Outdoor Features Improve Home Value?

Do Outdoor Features Improve Home Value?

Outdoor features are a great way to improve your home value!

While additional home features may offer perks like expanded living space, it’s also important to consider how outdoor features improve home value. After all, our homes are an asset, and if you ever consider reselling, your personal preferences alone aren’t going to make a sale. Instead, you need to think about what works well on the market while still getting whatever you want. Because outdoor features improve value generally, there are still a ton of options out there so you can find the right additions that work for you. Let’s take a look at some of the possibilities.

Fences

Fences will always add value to your property, especially if they meet the needs of the property. For example, a privacy fence for a house next to a busy road will automatically increase one’s home comfort and the general home security. If the fence meets a real need for the property, such as privacy, security, or both, then you can be sure that it will increase property value.

Patios and Decks

When it comes to expanding your living space, you can’t go wrong with a patio or deck. These are both excellent features and help sell a home quickly. With patios costing up to $5,000 on average, you can expect to get an additional 8-10% home value from that investment! Additional lighting can be great, too, but leave additional space so people can still enjoy the yard.

If you want to maximize space, consider a new deck. While a deck may cost much more than a patio (often over $15,000), you’ll still get most of those costs recouped in home value. However, if you have the option, restoring a deck is an even better investment. 

Outdoor Kitchens

While some outdoor features improve home value, others just cover their own costs. That’s true of outdoor kitchens, where you may just end up paying for the addition itself. If you live in an area that can be used year-round like the Southwest or Southeast, you can expect an even higher return. Just be sure that you design your outdoor kitchen around the grill, including enough counter space for guests to relax and enjoy your company while you cook. Avoid anything that’s niche, like pizza ovens.

Fire Pits

One easy option to consider is adding a fire pit. These are great as you can go the inexpensive route and easily DIY one. Keeping those costs down can mean your ROI will be over 80%, which isn’t a bad return considering how useful fire pits are. When building, keep it out in the open and make sure you read up on any local regulations.

Swimming Pools

Swimming pools are an all-time classic. They’re a big investment as well, costing upwards of $22,000 on average. And at best, you’ll likely only see 50% of the costs recouped when it’s time to sell. Still, a pool’s a pool! Just make sure you do all the necessary upkeep if you want to get the best ROI possible.

Call Mid-Atlantic Deck & Fence For Your New Deck or Fence!

Mid-Atlantic Deck & Fence has almost 30 years of experience in building beautiful custom fences, gazebos, screened-in porches, and decks throughout the state of Maryland. We have the expertise to design your dream fence or custom deck and have it installed in a headache-free process. Give us a call at 1-800-833-9310 or visit us online for a quote today! We offer many different styles of fencing and decking, in addition to custom options designed specifically to suit your preferences and tastes. To see examples of our work and get more tips on how to choose the right decking for your family, follow us on Facebook, Twitter, Houzz, Pinterest, YouTube, and LinkedIn.

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