An excellent way to boost the value of your home is with an outdoor living structure. The 2020 Pandemic shifted people’s entertaining preferences. Yes, COVID-19 is slowing, and things are getting closer to normal. However, many homeowners are moving slow and starting with small gatherings at home. With California’s beautiful weather year-round in many parts, outdoor home improvement projects are the way to go. Keep reading to learn about different ways to increase your home’s outside living comfort that’ll also increase its value.
- Build, Rebuild, or Extend Your Deck
- Add a Pool to the Deck
- Build a Shaded Structure
- Build a Raised Hot Tub Into Your Patio
- Place a Family-Sized Fire Pit in Your Yard
- Add a Complete Outdoor Kitchen to Your Backyard
Build, Rebuild, or Extend Your Deck
A patio or deck in your backyard is an excellent home improvement. Not only does it raise the bar for entertaining this summer and throughout the year, but it can pay for itself when you’re ready to sell. Additionally, there are many complimentary items you can incorporate into it.
- Built-in seating
- Built-in bar
- Stone firepit
- Outdoor living room with a movie theater-type setup
- Outdoor kitchen
- Built-in stone oven
- Pizza oven
- Reading area
These are a fraction of the luxury ideas you can bring to your outdoor living space that can boost the selling price of your home someday. Are you wondering how much value this home remodeling project can add to your home? You may get a 30% to 60% return on your investment by building or renovating your deck.
Add a Pool to the Deck
A well-placed pool can also add value to your home if it fits into your outdoor living theme. For example, a patio that goes right to the edge of your pool seamlessly may raise your asking price by $20,000 to $32,000. The average cost for a family-sized inground concrete pool is $50,000. But you can still see a return on the investment if you keep everything well-maintained up until you’re ready to sell your home. You might be able to increase the ROI further by going all-out with the pool accessories. Consider adding:
- Extra-thick liner
- Slide
- Solar liner
- Fiber optic lighting
Additionally, saltwater pools are growing in popularity for their various health benefits.
Build a Shaded Structure
In the hot California sun, a home oasis means a well-shaded area where you can enjoy the weather and great company at the same time. Consider a separate covered pavilion with enough room for entertaining. Another option is a pergola with a combination of sun shades and vegetation to protect you from the sun. In addition to relief from the harmful UV rays, it looks fantastic and adds a little more nature to your backyard.
Pay attention to the size of the structure and the style. Make sure it doesn’t overwhelm your outdoor living area and match the architecture to your home. An oversized shaded design that looks awkward may have the opposite effect and decrease your home’s value.
Build a Raised Hot Tub Into Your Patio
Who doesn’t love lounging in warm, bubbly water at the end of a long day or on a cool evening? A built-in hot tub that’s part of your patio with a pool-type liner and complementary landscaping can also boost your home’s asking price when you want to sell. Whereas a portable hot tub isn’t considered part of the tangible property, one that’s built into the ground doesn’t fall to the same fate.
Additionally, new buyers might not be very trustworthy of a used hot tub. But a built-in one is something they can renovate if they want, which may make it a valuable selling point for your home. Remember, the key, because of all the variables with a hot tub, it’s hard to give an accurate ROI for this home improvement because of all the variables with a hot tub.
Place a Family-Sized Fire Pit in Your Yard
You already have a small, friendly fire circle on your patio or deck, but for large gatherings, you need more. If you have a good amount of land, consider a detached patio with an oversized fire pit. It’ll look great in a spacious yard. To really increase the value, add built-in stone seating around the firepit. Ensure. It’s to add some bushes and other landscaping around the patio to help it stand out more during the day. A well-designed fire pit can get you nearly 80% ROI, making it one of the most profitable home improvements.
Add a Complete Outdoor Kitchen to Your Backyard
An excellent way to increase your home’s value and wow factor is with an outdoor kitchen on your patio. It’s the perfect home remodeling option for people who love outdoor entertaining and hate running back and forth between the kitchen and patio. The possibilities for your outside kitchen are nearly endless. Anything you can have indoor, you can have outdoors. Plus, California’s climate is perfect for outside cooking and dining year-round.
What should you add?
Make sure to have an oven, stovetop, grill, refrigerator, and plenty of counter space. Another popular option is a breakfast bar. You can leave the kitchen completely uncovered and take the chance it won’t rain much. However, a partial roof might be the best option. It can also shade you from the sun while cooking, eating, and lounging on hot days.
Experts estimate it’s possible to see a 100% to 200% return on investment when installing an outdoor kitchen.
Increase Your Home’s Value with a New Outdoor Entertaining Structure by B. Gordon Builders
Call B. Gordon Builders Inc. and let us help you plan your backyard paradise that’ll also increase your home’s value. While you might not be ready to sell today, well-maintained outdoor living space can significantly improve the sales price of your home in the future.
