Boost your home value with these 5 outdoor project upgrades
Posted: September 06, 2023 | Word Count: 777
Are you looking for eye-catching and practical ways to upgrade your home? Consider investing in an outdoor renovation project! From installing or remodeling a patio to adding an outdoor fireplace, these outdoor projects can make your home an inviting space in which you and others will want to spend time.
To inspire and help you along your outdoor design journey, Belgard® — a leading provider of outdoor home products like pavers, retaining walls and other landscape features — offers five outdoor design inspirations you can implement in your next home improvement project.
1. Upgrade your patio
A patio or deck can be a wonderful addition to your home. It acts as an extension of your home and provides another livable space to relax and socialize with family and friends. You can even incorporate an outdoor dining area and workspace to create a multi-purpose patio.
Whether you want to add a patio or upgrade your existing one, doing so also adds value to your home. According to the National Association of Realtors Research Group (NAR) 2023 Remodeling Impact Report, a new patio typically costs $10,000-$10,500. However, homeowners that installed a patio recovered 95% of the value from the project.
When designing your patio, consider using concrete pavers to incorporate textures and colors. Concrete pavers are a great way to complete the feel of your outdoor space and seamlessly blend the hardscapes in with the existing layout because they complement various design styles. They're also a great investment and have a life span of 30 to 100 years to withstand extreme weather and bear heavy weight.
2. Invest in landscaping
If you want to improve the appearance of your home and get an instant return on investment, upgrade your landscape. Not only does investing in landscaping enhance your home's curb appeal, but it also extends a warm invitation into your home for visitors.
The NAR report found that lining your walkway of pavers with plants, or adding in raised beds and shrubs, allowed homeowners to recover 104% of the project's cost. However, if you want to start small, adding flowering shrubs, shading trees or mulching are easy, cost-effective ways to revive your yard.
3. Add shade structures
During the warmer months, you'll want shade structures so you can get the most out of your outdoor space, no matter the temperature. Escape the heat by installing a pergola on your patio.
Pergolas are a popular option because homeowners can choose various materials, styles and colors to fit their layout. A well-designed pergola can boost property values and increase the usability of the backyard.
Decorate your pergola with sun-blocking curtains and hanging plants to create the perfect private getaway in your backyard. For a more cost-effective option, a trellis with plants or greenery can provide both privacy and shade.
4. Install an outdoor kitchen
Outdoor kitchens are becoming increasingly popular with homeowners and potential buyers. They allow people to spend as much time outdoors as possible while entertaining and feeding guests. It also means that you don't heat up your house during the summer months.
Compared to other outdoor home improvement projects, outdoor kitchens offer a substantial return on investment. NARS found that homeowners recovered 100% of the cost of building an outdoor kitchen. The report also found that 99% of homeowners who added an outdoor kitchen felt a greater desire to be home and 71% felt an increased sense of enjoyment with their home.
Note: Ensure the kitchen is functional within your space and has shelter from rain or intense sun, so you have optimal time to utilize it throughout the year.
5. Incorporate a fire feature
Whether you choose a fireplace or pit, an outdoor fire feature will add value to your home and allow you to make memories with friends and family in a cozy environment huddled around whichever feature you choose.
Fire features also add 32% better functionality, livability and personality to your home and make your outdoor space more usable, so you can enjoy your outdoor space during a brisk summer evening or in colder climates.
Consider your budget, space layout and function for fire features to ensure you choose the right one for your backyard and family. A DIY fire pit is a great inexpensive option with versatile use and style. Opt for an outdoor fireplace if you're looking for a more premium option. It can double as a privacy wall and takes up less space than a typical fireplace.
Let these five outdoor renovation projects inspire you to upgrade your home, add value to your property and make your home a place you and others want to spend their time. For more outdoor design inspiration, visit Belgard.com.