Which Hardscape Projects Increase Your Home’s Resale Value the Most?
"If you’re thinking about improvements to your home, some home improvements raise potential resale value more than others. The key consideration, of course, is that you and your family will get use out of and enjoy the improvement, but it never hurts to think strategically. A home project you enjoy every day that will hike your home’s resale value is a terrific two-fer. But what projects improve resale value the most?" - Homes.com
BOOSTS YOUR CURB APPEAL
A home's first impression is paramount when preparing it for sale. Simple updates such as adding paver walkways or garden edging can add value. Larger projects such as a paver driveway can add major curb appeal and value.
Maximizing visual appeal with color and texture has an added advantage by making routine maintenance easier; for example, create a retaining-wall around landscape beds and trees can reduce the upkeep of the landscape. "Projects that add curb appeal can raise a home’s value by as much as 20 percent." ~ Bob Vila
MAKES UNUSABLE OUTDOOR SPACE USABLE
Utilizing hardscaping offers the opportunity to expand your usable space with walkways, patios, fire pits and water features. It also adds aesthetic interest when combined with beautiful landscaping to accentuate the view.
Spaces to cook outdoors are very popular and have a whopping ROI. "Kitchens with fire pits, barbecues, refrigerators and even sinks can garner ROIs of 100 percent to 200 percent." ~ INMAN. These spaces often feature room to entertain and seating in which to sit and enjoy a meal.
Consider a gently falling water feature to soothe the soul. Water features can also highlight landscaping and be part of paths and walkways within a garden.
According to Inman, the industry’s leading source of real estate information, patios have a variable ROI, adding 30 percent to 73 percent to resale value.
An outdated or worn pool deck can lower your ROI immensely. Remodeling the pool deck or patio area around the pool will make home buyers want to move right in!
SEATING & RETAINING WALLS
Outdoor seating can be another added value detail to your backyard. Place benches around a fire pit or summer kitchen for guest to gather. We can suggest how adding these and other hardscape elements can increase value.
Investing in your home's landscape with hardscaping is a smart way to add value to any outdoor space, whether you plan to enjoy it for years to come or are preparing it for sale.