Home renovations are an absolute necessity, not only because you want your home to be in excellent condition, but also because they can add significant value if you decide to sell. Sadly, not many people get to enjoy all the significant renovations they do since they want to sell their property quickly, but it doesn’t have to be the case today. Because the economy will take a long time to recover completely, you can take this opportunity and improve your outdoor design so that you can have a lovely time outside and increase your home value.
Dare to get an outdoor fireplace.
Spending time outside is easy in spring and summer, but why not add an outdoor fireplace to make it as pleasant and enjoyable to do so in colder months too? An outdoor fireplace or a fire pit is an easy way to make your backyard much more comfortable and add value to your home. This is especially important if you decide to get gas-operated as these are easier to maintain. In the States, outdoor fireplaces are so popular that the American Society of Landscape Architects has put them on the list of trends consumers are looking for in a home. This is a simple feature that will allow everyone to enjoy their patio or garden all year long.
Add a pergola or cover your patio.
If you’re looking for an effortless way to increase your home’s resale value, you should look into pergolas or different ways to cover your patio. Covering a part of your backyard will instantly make you wish to spend more time there only because it will be pleasant and comfortable – it both looks nice, and it protects you from the elements. If you’re not sure about having a permanent construction built or attached to your home, you can always install a retractable roof instead. Today you can even install an app that will allow you to fold and unfold the roof without the need to get up from your comfy chair. Another great thing about these coverings is that they offer a complete investment return and can even add more value to your home.
Build a luxury outdoor kitchen.
Having a barbecue in the back yard has become a common thing worldwide, but why not take it a step further and build an entire outdoor kitchen? This will allow you to spend quality time with your guests while you’re preparing meals, and it will also keep your home free of the scent of cooking and the mess. While this isn’t a cheap or easy project, a general rule of thumb will give you about a 50% return of investment. The great thing about outdoor kitchens is that they can either be an extension of your patio, or they can be a stand-alone space, but what is guaranteed is that you will enjoy your outdoor time much more.
Refresh your landscape.
When your landscape looks well-maintained and neat, your chances of selling your home are going to increase significantly. People like to see a nice yard, neat lawn, and healthy plants, and if you haven’t been an avid gardener before, perhaps it’s time to invest in an outdoor makeover. According to NAR and NALP, such makeovers that result in luscious landscaping will result in an excellent 83% return on investment. Upgrade your landscape by installing a stone walkway, adding mulching, and planting a tree as well as some lovely flowering shrubs.
Install an outdoor swimming pool.
Another great addition to your outdoor living space is an outdoor swimming pool. It would be best if you were very careful, though, as these are not only costly to install, but they also require regular maintenance all year long. Suppose you’re looking for a significant and quick return of investment. In that case, swimming pools might not be your thing, but don’t be discouraged: Australia has the highest pool ownership in the world at the moment, and many people who are looking to buy a house are searching for one that has a pool. A great way to get the best investment return from your swimming pool is to add decorative features such as LED lighting, keep up with maintenance, and not hesitate to repair anything that might deter future buyers.
When you decide to do an extensive exterior upgrade, you enhance the overall look of your property and make sure that potential buyers get a great first impression. Not only that, but in the time of social distancing and self-isolation, you are creating a lovely haven for you and your family. Discuss different upgrades with your family and pick the ones that will improve your quality of life and add value to your home.
