Outdoor Home Improvements with the Best R.O.I.
When it comes to home improvement projects, not all will provide a return on your investment. These outdoor projects, however, will give you the most bang for your buck:
Landscaping
Not only does beautiful landscaping have the highest ROI, studies have shown that your home will have a 5-12% pricing premium over other listed homes.
Focus on a cleanly-edged lawn, manicured shrubs, fresh mulch and pressure washed walkways with illuminated paths.
Outdoor Living Space
Increasing outdoor spaces gives you more room to entertain and relax. Decks and patios provide an extension of your home. Patios have a 69% ROI, while the ROI for decks is up to 80%.
Be sure to focus on built-in features, such as seats and planters, for a custom look.
Outdoor Fire Pit
From traditional wood burning fire pits to gas-fueled fire tables, these features are one of the more popular in recent years. ROI is 78%, so fire it up!
Outdoor Kitchen
Now that you’ve added a patio or fire pit, you’ll want to spend more time outside. Consider adding an outdoor kitchen. Options include an inset grill, cooktop or hibachi table. Be sure to add storage for utensils and even a prep sink and countertop. At a 71% ROI, this option definitely provides food for thought.
Updated Façade
The exterior of your home is the first impression to potential home buyers. Curb appeal is everything! A fresh façade sets the tone – and has the highest ROI of all exterior projects.
New Garage Doors = 102% ROI
New front door = 100% ROI
New siding = 94% ROI
Wondering which updates are best for your home? We are happy to provide you with a comparative market analysis to help you focus on the right project.
Thanks to Punchlist USA for these tips!