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Increase Your Home Value with Outdoor Living

Increase Your Home Value with Outdoor Living

July 8, 2019

Whether you are looking to sell sooner, later, or just build equity now, adding outdoor living features is an easy to way to increase your property value. Our four favorite ways to expand your living space outdoors and add value to your home or business are decks and patios, outdoor kitchens, covered structures, and fire features.

Patios & Decks

The best way to add value and enjoyment to your home is to build a patio or deck in your backyard. A deck or patio is great for gathering friends and family. It gives you a place to stand or sit and talk to people outside in the fresh air. It lets you conveniently pop outside without worrying about tracking in dirt, mud, and other debris. It provides a solid, even surface for doing outdoor projects. Decks and patios just make life easier in a lot of small ways that you might not even notice.

Concrete patios on average cost up to $6,400 depending on size and materials. But patios can recover up to $6,525 of that original cost in value added to your home, making them a solid and smart investment in most cases. Wood decks can cost up to $10,000 and have a slightly lower ROI of about 80% cost recovered – still a very good investment, especially given that these features are known to make or break a sale.

In order to recover the maximum amount of the money you put in, it is essential that you put in the right size patio or deck for the home. If you make it too large or too small, it can look out of place or take up too much valuable yard space. It is also critical to make sure your patio or deck is properly constructed, or you could find yourself saddled with costly repairs in the not-so-distant future.

As a rule of thumb, a simpler deck or patio design is better for recouping value. After all, it is literally just the foundation for your outdoor living space. You can easily turn it into a nice sitting area or wheel out a barbecue pit and turn it into a cooking station. Better yet, you can take your deck or patio to the next level by adding a real outdoor kitchen.

Concrete Patio Deck
Concrete Patio
Outdoor Kitchen Deck

Outdoor Kitchens

An outdoor kitchen is terrific way to add value to your home. Adding just the basics, such as a built-in grill, plenty of counter space, a fridge should be enough to see a nice jump in your home value. Additional kitchen conveniences like a stovetop or side burners, brick oven, plumbing, ice maker, or lighting can add even more value and delight prospective buyers.

If you’re planning to sell your home soon, be mindful of adding too many expensive or custom touches that aren’t on most buyers’ wish lists. Otherwise, go wild and build the perfect custom outdoor kitchen of your dreams!

Homeowners in the southeast and southwest US often get maximum ROI on their outdoor kitchens because the climate in those regions supports year-round enjoyment. In cooler climates (like here on the pacific northwest coast and islands), we recommend extending the more seasonal use of your outdoor kitchen by adding features like covered structures and heating systems to create a comfortable, dry space any time of year.

Covered Structures

Covered structures such as pergolas and pavilions offer an attractive and affordable alternative to extending your home’s roof over your outdoor living areas. They provide protection from the elements while making a beautiful, space defining statement in your landscape. Depending on the type of structure you choose, you could have a barbecue during a rainstorm or sit and relax in the shade on a bright sunny day.

Click here to learn more about cover options for your home or business

When designing your outdoor covered structure, make sure it is the right size and style for the space. New buyers and happy homeowners alike both tend to prefer structures that match the look of the existing home and landscape. Also be sure to check with your HOA, city, or other regulating authorities to learn about any specific construction and design requirements before starting your project.

Fire Features

Adding covered protection from rain, wind, sleet and snow is just one step in making your outdoor space livable throughout the year. Another option is to cozy it up with the warmth and light of an outdoor fire feature. Fireplaces, fire pits, fire tables, and chimneas are all popular options here in the pacific northwest.

Fire pits are the least expensive way to add value to your home. The average cost of a fire pit is around $700. According to HomeAdvisor.com, natural gas fire pits have an ROI of around 78%. Fire pits that run on natural gas generated the highest returns. This is great news for northwesterners, who often prefer gas anyway due to environmental and safety concerns.

Fire Features

Increasing Home Value – A Professional Opinion

When making additions to your home and landscape, it is important to choose the right features for your space. It is also important to make sure what you are putting in fits with what you already have, not just a trendy style or a design you like. If you make an addition that does not work for the house you have, you could potentially decrease your property’s sellability. For this reason, we recommend that you always consult with an outdoor construction and design professional like Stone Creations Northwest.

Contact us if you’re considering adding a patio, pergola, outdoor kitchen, or fire feature to your home or business. Stone Creations Northwest provides free estimates and expert design consultations for your outdoor projects. We can advise you on top-quality products and services at great prices that will add to the value of your house. We also offer financing to help make your investment manageable.

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