One of the reasons why outdoor innovations are particularly popular as a pre-sales project is due to the fact that they yield a surprisingly great ROI. For instance, if you were to invest $5,000 in your bathroom remodeling, it is questionable if you would return all those resources during the sales. On the other hand, constructing a backyard shed, painting a fence or even paving a garden path can result in a disproportionately large value boost. With this in mind and without further ado, here are a couple of outdoor designs that could increase your home’s value the most.
1. Adding some shrubbery
First of all, it is more than clear that nothing adds to the value of the home like a healthy tree line facing the street. According to some estimates, a leafed tree that is just on the verge of the street can sometimes boost the value of your property by as much as $17,000. If by any chance, you have the luck to have your property situated on the leafy street, the price might skyrocket by staggering $29,000. Unfortunately, for fast-growing trees to reach their full maturity, it usually takes somewhere between 10 and 15 years.
On the other hand, it might not be late to add some shrubbery to your household or even consider planting a hedge. A couple of flowerbeds might also be a welcome addition. However, in order to make this work even more in your favor, you might want to explore the idea of companion planting instead of just randomly assigning greenery you believe looks great next to each other. Same goes for vegetable gardens.
2. Constructing a shed
In the introduction, we deliberately compared the idea of renovating a bathroom with constructing a shed. The reason behind this is the money that needs to be invested in order to get any of these projects rolling.
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You see, according to some estimates, constructing a shed can cost somewhere between $800 and $2,000, which means that it can be done even on an extremely tight budget. However, during the sale of the home, you can feel free to inflate the price seeing as how such structure A) helps with the maintenance of the property and B) cost you time and effort, as well.
3. Wooden deck
One of the things that any experienced retailer can tell you is that, during the sale, you aren’t selling an object but an idea. This is one of the reasons why the most experienced real estate agents strip the place of all personal items in order to allow the potential buyer to envision the place as their own.
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Now, one of the things that can sell your home the most is a beautiful patio, porch or wooden deck, that can be used as an outdoor living room. For this, you need a simple wooden construction which can be done even DIY, some outdoor furniture and of course a proper shade. Here, you can go with anything from parasols and shade sails to balcony awnings.
4. Laying a new Lawn
Finally, your front lawn will be the greatest surface on your property and, as such, the vital element in creating that positive first impression. This is why, if you aim to sell the place as soon as possible, you might want to replace the lawn. One square meter of lawn costs anywhere between $4 and $9 and it gives a massive boost to the overall appeal of your driveway. For those willing to invest a bit more effort, blending a couple of ryegrass seeds every now and then might thicken the lawn and make it even greener.
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With these four simple tips alone, you can give your real estate value a massive boost. Now, the best thing about these tips is the fact that most such projects can be done completely DIY. This means that, if you are willing to invest more of your time and effort, you might be able to get by with spending significantly less money. Because of this simple fact, there is a great discrepancy in price estimation of various outdoor design projects and this is exactly why it is so hard to tell exactly how much you gain by improving your exterior.
