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?
BOOSTS YOUR CURB APPEAL
Real estate agents suggest that a home's first impression is paramount when preparing it for sale. Simple updates such as adding retaining-wall units or paving stone edging around gardens can add value and curb appeal. More ambitious projects like a front-paving stone entrance with a patio and one or two seat walls can add major curb appeal, plus there's the enjoyment factor from adding a beautiful, functional front yard.
Varying hardscape colors and textures in the front outdoor living space creates maximum visual appeal. Hardscapes can also make routine maintenance easier; for example, create a tree ring from retaining-wall units then surround it with pavers to reduce the need for trimming after mowing. Projects that add curb appeal can raise a home’s value by as much as 20 percent.
MAKES UNUSABLE OUTDOOR SPACE USABLE
Most outdoor areas are mostly grass, with a small patio or porch adjacent to the home. Utilizing hardscaping offers the opportunity to expand your usable space with walkways and patios, fire pits OR 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. These spaces often feature room to entertain and furniture in which to sit and eat.
Consider a gently tinkling or peacefully reflecting water feature to soothe the soul. Water features can also highlight landscaping and be part of paths and walkways within a garden.
Patios have a variable ROI, adding 30 percent to 73 percent to resale value. The warmer your climate and the more months that can be spent outside, the higher the ROI will be. More expensive materials, like stone, also add to the ROI while serving as extensions of living space, with furniture, entertainment areas and outdoor eating opportunities.
A tired 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
Seat walls can add a measure of privacy and protection against the elements, and energy-efficient landscape lighting can be installed along patios, paver walkways, and under retaining-wall caps for nighttime ambiance and functionality. We can suggest how adding these and other hardscape elements can increase value and offer measures of safety and privacy.
Investing in your home's landscape with hardscapes is a
long-term win-win, no matter whether you are staying
in your home or preparing it for sale.