Upgrading or remodeling your outdoor living space features is a surefire way to increase your home’s curb appeal. According to a survey study, it can increase property value by about $20,000.
Backyard improvements will make your day-to-day home life more fulfilling. Plus, if you ever decide to sell your property, they can increase the value and attract plenty of eager buyers.
The question is, which outdoor living features should you prioritize? This list will examine the top features that drive value to your home.
Whichever feature you pick to bring your property to life, Dupont Decks can help you turn it into reality. Contact us now to learn more about our services.
6 Outdoor Living Space Features for a Higher Property ROI
Smart features installed by landscape professionals can transform your outdoor space and raise your home’s selling point. Here are the top six outdoor features your yard needs.
1. Outdoor Kitchen Space
One of the biggest backyard improvements you can make is an outdoor kitchen, which costs $5,000 to $17,000. This usable space usually includes a cooking and food prep counter, a stovetop, and a grill. You can customize your outdoor kitchen to suit your family’s needs.
An accompanying dining area with an outdoor rug will extend the ambiance. It’ll allow you and your family to enjoy more time outdoors, sharing good food, and making memories.
The ROI on outdoor kitchens is 100 to 200 percent.
2. Fire Pit
Fire pit design runs the gamut from futuristic, sophisticated options to more rustic selections. From chimineas to fire bowls, tabletop fire pits, and fire tables, there’s a pit for every taste, budget, and space constraint.
These inexpensive additions are priced between $500 and $8,000.
Stone is one of the most versatile and beloved fire pit materials, with copper, steel, cast iron, and aluminum also growing trendy. However, metal pits risk rusting if you don’t cover them.
The ROI on fire pits varies, with an average of 50 to 150 percent common. Some exceptions exist, like a fire pit that fetched a 500 percent ROI.
3. Backyard Patio
Add value to your backyard with a patio. Customize it according to your available square footage and landscaping vision.
If you have no existing patio, building one from scratch will elevate the look of your yard and make it more functional. Expect to pay $2,00 to $5,800 for a fresh patio.
Remodeling an outdated or dilapidated patio is another option, the cost of which varies depending on the renovations.
Patio materials include stamped concrete, slate, stone, brick, and concrete, each adding its own distinct design element. The ROI of a patio is between 100 and 500 percent, with a higher value for refurbished patios.
It will cost you less to rebuild a patio, so it’s a win-win.
4. Outdoor Lighting
Illuminate the night with outdoor landscape lighting. Choose lighting that suits the ambiance you want. Do you want to ensure your entire yard is well-lit or use lighting to highlight landscaping elements like paths and decor?
Spotlights and floodlights create enough light to adequately illuminate your property from the outside. Meanwhile, garden and step lights provide an understated, dreamy glow. The cost of outdoor lighting is anywhere from $50 to $1,000.
Outdoor lighting will add value to your home and is also useful from a safety perspective. Strong lights like floodlights can make it more difficult for burglars and trespassers to enter your home.
The National Association of Landscape Professionals has estimated that outdoor lighting can boost your property’s ROI by at least 50 percent.
5. Outdoor Deck
Decks offer a versatile space for relaxation and entertainment. Whether you want a cozy spot for morning coffee, an outdoor dining area for family gatherings, or a place to soak up the sun, a well-designed deck has you covered.
Costs can vary depending on the size, materials, and any added features, but you can expect to invest around $12,000 to $50,000 for a beautiful deck. Choose from wood, composite, or other materials to match your style and budget.
With an outdoor deck, you’ll extend your living space and create an inviting atmosphere for potential buyers. Plus, it’s an excellent addition for your own enjoyment.
As you explore these features for a higher property ROI, don’t forget the many benefits of an outdoor deck to elevate your outdoor living space even further. You can reach out to professionals for outdoor deck installation, such as Dupont Decks, which offers excellent decking services.
6. Swimming Pools
Outdoor spaces need a pool to beat the summer heat. An in-ground pool is priced between $28,000 and $55,000 but makes for a stately presence.
With a personal pool, you can cancel your pool membership. You also won’t have to contend with the crowds congregating at the beach.
A private pool creates an entertainment hub, especially with landscaping features like an outdoor cooking space. Fiberglass pool shells are low-maintenance, as they are installed as one piece.
Pools come in every shape and size, and you can customize many elements, such as the liner and the depth. Consider adding fun features to your pool, like a diving board, slide (especially if you have children or grandchildren), and a waterfall.
Keeping a swimming pool clean requires daily skimming and weekly chemical treatments. Putting a cover on your pool when you’re not using it will keep it cleaner in the interim.
The amount of value a pool can add is around seven percent, notes Bankrate.
Elevate Your Outdoor Space Now
Now that you’ve discovered the six outdoor living space features that can significantly boost your property’s ROI, it’s time to take action and enhance your home’s outdoor appeal. Whether you’re looking to create a cozy outdoor kitchen, a warm fire pit, a beautiful patio, a convenient lawn sprinkler system, captivating outdoor lighting, or a refreshing swimming pool, the possibilities are endless.
Don’t miss out on the opportunity to increase the value of your home and create unforgettable memories with your loved ones. Plan your outdoor living space now. Get a free estimate from Dupont Decks!