Are you planning a backyard renovation? Do you want to ensure the money you spend adds value to your home?
Last year, the sale of existing homes in the US was the highest it’s been in the previous 14 years. That’s a competitive market for buyers.
Not all renovations add to your home value, so it’s a good idea to do a bit of research before you take out your wallet. Here’s a guide to five great backyard renovations that will give you the most bang for your buck.
1. Add Privacy and Shade
When it comes to backyard upgrades, you want your friends and family to be comfortable. That’s why it’s a great idea to plan to build a structure that will give you more privacy and provide shade on those hot summer days.
Consider building privacy fencing to improve the security of your home. Fencing is an excellent investment, and future buyers will love that you have defined property lines.
2. Cooking Options
An outdoor kitchen is one of the best renovations that will increase the value of your home. It can make entertaining guests easy, and it’s a great feature that you will use as your family grows.
Another great backyard addition is a fire pit for light cooking, and it’s fun to be able to toast marshmallows after dark.
3. Update Your Landscaping
One area where realtors say has a significant impact on the value of your home is landscaping. A well-kept lawn with well-maintained garden beds is one thing that can impress prospective home buyers.
A garden designed to be easy to care for is even more of an asset to your home. Consider installing a watering system to keep your plants healthy all year round.
4. Create an Outdoor Living Space
Most people want to relax with friends and family in an outdoor living space that suits their lifestyle. It’s important to create a space where you can enjoy an outdoor meal seated around a table.
Some families love swimming, and an outdoor pool is their first choice for a backyard renovation. There are a few things to consider. Ask a professional these questions before building a pool.
5. Upgrade Your Patio
You will use your outdoor space more often when you install a new patio deck or upgrade an old one. It adds to the overall look of your home and increases the useable space in your backyard.
Another smart renovation is to add built-in lighting to your patio. Lighting adds ambiance to your outdoor space as well as safety for you and your family.
Choose Your Backyard Renovations With Confidence
Knowing which backyard renovations will add the most value to your home makes it easier to decide which ones are the best investment. You’ll be happy to spend more time in your backyard space.
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