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Whether you’re looking for ways to improve your home’s value or you simply want to enjoy a nicer backyard without it hurting your home’s value, we’re here to help. Outdoor additions can go a long way in making life a little nicer day by day while also increasing your home’s cost when you sell. Read on to learn the answer to the question, “Do outdoor living spaces add value to your home?”
A patio is a common outdoor addition and a feature many buyers are hoping to see. Well-designed patios can add around 10 percent of a home’s value and often come with a return on investment (ROI) of 80 percent!
A little lighting goes a long way to make your patio even more comfortable in the evening, but try not to take up too much backyard space with the design. If a buyer with a family visits your home, they might be looking for yard space for their kids and animals to enjoy.
An outdoor kitchen is perhaps the most impressive addition you can make to your home. It turns your backyard into a must-visit party destination, which is perfect if you plan to entertain guests. Some outdoor kitchens can even see 100 to 200 percent ROI, provided they’re in the right locations.
Warmer climates suit outdoor kitchens the best since buyers can use them more often, so keep that in mind. Counter space is crucial for outdoor kitchens, but be wary of specific amenities if you worry about your ROI. Not every family will be interested in a wood-burning pizza oven.
Like patios, wooden decks are one of the most ubiquitous outdoor amenities, and they instantly excite many buyers. When designing a custom deck, your best bet is to use a reputable Portland, OR construction company and have them seal your deck. This provides the longest possible life for the wood so that you can get as much enjoyment out of it as possible.
Now that you know that outdoor living spaces add value to your home, you can make the backyard of your dreams.