Today, I sharing outdoor living space tips on improving your home’s value. With more people spending leisure time at home, more people are considering their backyards more carefully. If you’re one of them, you will want to ensure that your investment won’t be lost when you sell. There are outdoor features that will improve your home’s value. Furthermore, it will make your outdoor space more enjoyable.
The COVID-19 pandemic has drastically changed the way we live our lives. This includes our wants and needs when it comes to home. Understandably, the real estate landscape has transformed. Which, is why leading real estate referral company HomeLight went to the experts to get a feel for the market. HomeLight’s Q4 survey of more than 1,000 top real estate agents, indicates that more people are remodeling and tackling big home projects. As a result of the pandemic, backyards are a focal point.
If you want to upgrade your yard area, know what’s popular in your area and which projects have historically high returns on investment.
Improving Your Home’s Value:
1. Fire Feature
The nation’s top backyard feature is a fire pit. Approximately, 54 percent of agents say buyers are seeking homes with backyard fire areas. If you’re in the Northeast or Midwestern part of the country, fire pits are the top outdoor feature. There’s nothing like sitting around a fire with friends and family on a crisp, cool fall evening. For inspiration, check out these fire pit design ideas from HGTV.
2. Privacy Fence
If you really want to kick back and enjoy your backyard, it’s nice to know that you’re not on display for the neighborhood. For this reason, 48 percent of agents say that privacy fencing or hedges are the second most popular outdoor feature. Privacy fencing is also practical if you’ve got a dog or small children. It keeps your precious ones in and strangers out. If a fence isn’t appealing to you, or you’re restricted from erecting a fence, check out some of these plants to grow for backyard privacy.
3. Outdoor Kitchen
If you live in an area that’s warm or experiences mild temperatures year-round, a full outdoor kitchen ranks third on the list nationally. Forty-six percent of agents say that their home buyers say that an outdoor kitchen tops the list of desirable home features. So, if you live in the Pacific region or the South Central portion of the country, investing in an outdoor kitchen will yield a decent return on your investment.
4. Sun Shade
The number four spot nationally is held by sun shades. There are options for every budget. Approximately, 34 percent of agents across the nation say that buyers seek homes with a shaded backyard area.
5. Screened In Space
Rounding out our list in the number five spot in the nation is a screened in area. Agents say their buyers are looking for this feature in homes. Screened in porches or spaces are most popular in the South Atlantic region. This stretches from Maryland to Florida, and the is the most popular outdoor feature wanted by their buyers. With mild to moderate weather and humid summers, shaded, screened in porches or lanais provide much-needed cover from the sun and bugs.
I hope my list gives you some insight on where you should invest your money for your home investment. What tops your list.
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