7 Upgrades That WILL Make Your Home More Valuable
The exterior upgrades that will give your home a beautiful makeover, more functionality, and increase the home’s value.
Fire Pit
Nothing beats sharing stories around a roaring fire in the summer months. Homeowners building an outdoor fire pit will not only create wonderful memories, but also gain a return on their investment of about 67%.
2. Refresh your Landscape
Luscious landscaping adds significant value to your home by increasing your curb appeal and making it more appealing on the housing market. Refreshing your Landscape provides a healthy ROI of 83 per cent. You are doing a lot to boost your entire property's appeal and value, whether you decide to install stone planters, do some mulching, or plant flowering shrubs.
3. Adding a Deck
Do you find yourself spending a lot of time in your backyard? Something that might be worth considering is adding or removing a wooden deck. A deck provides the perfect spot to grill, relax, and enjoy your backyard. Consider installing an attached or removed wood deck to create the ideal place for grilling, sunbathing, and enjoying the outdoors. Wooden decks also represent a significant point of sale. Remodeling Magazine reported that the average return on investment on a wooden deck is about 76%, meaning that if you invest $15,000 in building a deck, when you sell the house, you should expect a return of $11,500.
4. Installing a Backyard Patio
Adding a backyard patio creates the perfect outdoor living space to entertain and relax in your backyard, while simultaneously increasing the value of your home. A Backyard Patio will net around an ROI of 69% according to the NAR and NALP.
5. Adding an Outdoor Kitchen
Investing in an Outdoor Kitchen will not only elevate your summer cookouts but also be a wise investment for your home. According to NAR and NALP, Outdoor Kitchens have about a 70% ROI. NAR and NALP recommend keeping the project simple to best be able to project the ROI They suggest adding an inset grill, stainless steel drawers, an ice chest, a sink, and 60 sqft of concrete countertop.
6. Add Outdoor Lighting
Adding Outdoor Lighting to your home is a great way to create a magical ambience in your yard, while also deterring burglars. NAR and NALP claim that you can expect to see a 50% ROI on your investment in Outdoor Lighting for your home.