Exterior upgrades not only boost the appearance of your property, they offer recreational benefits and higher value. Not every renovation produces a healthy ROI, but many do – from building an outdoor fire pit to investing in an outdoor kitchen. Here are seven outdoor upgrades that make your home more valuable to potential buyers.
1. Build an Outdoor Fire Pit
During the summer, there’s nothing better than roasting marshmallows and sharing stories around the fire. When you install an outdoor fire pit you’re not only making memories your family and friends will cherish forever, but you’re also getting a nearly 70% ROI.
2. Replace Your Front Door
If you are making some cosmetic changes to the front of your house, you may want to upgrade your front door. This simple swap can give your home a much-needed makeover, plus you’ll recoup about 75% of your investment over time. For less than $2,000, including the door, hardware and installation, you can create an impressive entryway that makes for a beautiful focal point.
3. Implement a Lawn Care Program
A good-looking lawn needs a lot of TLC. You need to feed your lawn a steady diet of nutrients, while also mowing and weeding regularly. You’ll likely need about six applications of lawn fertilizer and weed-control each year, boosting your home’s value by $1,000 to equal a whopping 267 percent ROI, according to Bob Vila.
4. Refresh Your Landscape
Luscious landscaping increases your curb appeal and home value. This type of outdoor makeover can give you a healthy 83 percent ROI. Whether you decide to install a natural flagstone walkway, add stone planters, do some mulching, or plant flowering shrubs, you’re doing a lot to boost the appeal and value of your entire property.
5. Install a Backyard Patio
Installing a patio will expand and enhance your outside living area while increasing the value of your home at the same time. This project will net you a nearly 70% ROI.
6. Invest in an Outdoor Kitchen
An outdoor kitchen is a sought-after feature that will bring your family enjoyment, to be sure, but it will also impress potential buyers. Let’s say you invest in a $14,000 outdoor kitchen; you can recover about $10,000 of that over time. Consider adding an inset grill, stainless steel drawers, sink, ice chest, sink, concrete counter top and plenty of seating.
7. Add Outdoor Lighting
Outdoor lighting not only makes it more enjoyable and safe to entertain after dark, it also deters burglars. Stylish, effective exterior lighting can amp up your home’s curb appeal, whether you decide to install lighting along a pathway, accent lighting on the house, or patio lanterns.
Contact Outdoor Home Living
Here at Outdoor Home Living, we can transform your property into a showpiece that will not only impress buyers, but increase your family’s enjoyment of the space all year round. Contact us at 214-328-5296 to learn more.