Outdoor Features That Boost Your Home’s Resale Value
When it comes to selling a home, there are numerous factors that impact its resale value. While interior features like updated kitchens and bathrooms are popular, outdoor features should not be overlooked. In fact, outdoor living features are highly sought after by homebuyers and can increase a home’s resale value by up to 10%.
So, what are some outdoor features that can help boost your home’s resale value? Here are a few to consider:
A well-maintained and visually appealing landscape can greatly enhance a home’s curb appeal. This can include features like colorful flower beds, trimmed hedges, and healthy trees and shrubs. In fact, according to a study by Turf Magazine, a well-landscaped yard can increase a home’s value by as much as 11%.
2. Outdoor Lighting
Adding outdoor lighting can not only increase a home’s safety and security, but it can also add a touch of elegance to the property. This can include features like pathway lighting, accent lighting for trees and bushes, and even overhead lighting for a patio or deck.
3. Patios and Decks
Outdoor living spaces like patios and decks can be a huge selling point for homebuyers. These spaces are perfect for entertaining, relaxing, and enjoying the outdoors. In fact, a study by the National Association of Home Builders found that more than 75% of homebuyers want a patio or deck in their new home.
4. Swimming Pools
While not necessarily for everyone, a swimming pool can be a major selling point for homebuyers in warmer climates. A pool offers fun all summer long.
5. Outdoor Kitchen
Outdoor kitchens are becoming increasingly popular among homeowners, especially those who enjoy entertaining. These spaces can include features like built-in grills, refrigerators, and sinks.
6. Fire Features
Fire pits, fireplaces, and even outdoor heaters can add a cozy and inviting atmosphere to an outdoor living space. Fire pits and fireplaces were among the most popular outdoor living features in 2020.
Overall, outdoor features can play a significant role in a home’s resale value. Not only can they increase a home’s curb appeal, but they can also provide added functionality and enjoyment for homeowners. By investing in outdoor features that appeal to a wide range of homebuyers, homeowners can increase their chances of selling their home quickly and for a higher price.