As a homeowner, you’re not only tasked with maintaining the value of your home but also with adding to it. There are a variety of ways to increase the value of a home, but most are much too expensive and often don’t hold a high enough return. However, not all is lost. One of the best ways to increase the value of your home is to invest in your backyard. The following list entails three additions to consider in order to accomplish this.
One of the great things about fire pits is that they don’t lose value depending on climate. People from both hot and cold regions of the country tend to enjoy them. According to the national association of realtors, fire pits recoup a whopping 78% of your cost. Want to take it to the next level? Consider making your fire pit run on natural gas. This allows buyers to easily turn on and off the pit without having to fire it up the traditional way constantly. However, always make sure to build your fire pit away from your home and other structures that may be prone to catch on fire.
Whether you’re adding a deck to your home or repairing your existing deck, the return value is significant. In fact, most homeowners have reported an average of 82% in recouped costs from their decks. A deck is a popular add on and is often a big selling feature for buyers as they can envision themselves having their morning coffee outside, throwing parties for their kids, or simply having lunch with their families. Keep in mind that this might be a bit of an investment, but they do tend to increase your home’s value significantly. You must also keep a few things in mind when it comes to actually constructing your deck. Almost all custom decks require a number of specialists to make them work with your home.
The debate between decks and patios continues. However, each option is simply in the preference of a homeowner. Neither is better than the other, but both tend to offer great returns. A popular feature of a patio is often the design of the tile itself. You don’t want anything too eccentric, but you also don’t want it boring and bland. It is best to consult with an expert when it comes to choosing a neutral option that can allow it to maintain its value.
Although all these options do provide your home with added value, it is recommended that you study the current real estate market to make the proper choice. You should also consider the current value of your home in order to record your property value properly.
Looking for more ways to spruce up your backyard? We recommend reading: How to Turn Your Backyard Into Your Own Private Oasis.