Making upgrades to your home as the years go by is always a good idea. While some opt with adding a garage or an extra room to the house proper, outdoor living spaces are another good option that you can enjoy.
So, does an outdoor living space really add value to the home? You bet, and today we’re going to tell you a little more about the often-overlooked options and what they can really do for your home and quality of life.
What is an Outdoor Living Space?
Outdoor living spaces are covered or enclosed areas that are part of your home or in some cases, you might think of them as part of the overall estate. Some familiar examples might include an enclosed patio, for instance, or a deck out behind the house where you might entertain your guests while enjoying a bit of nature.
Let’s take a peek at some of the options available, so that you can see which of these might be something that you’d enjoy having as a part of your home.
What Kind of Outdoor Living Spaces Add Value?
Now that you know what an outdoor living space might be, it’s time to look at some concrete examples. Below are some of the most popular outdoor living space options and also a general idea of the ROI, or ‘return on investment’ that one might enjoy from each:
- Overhanging roofs – Also known as ‘Pergolas’, an overhanging roof is a sweet little piece of solace and shade on a hot summer’s day. You can also add some lovely foliage in this spot that would do well with a bit of dependable shade and the results can be stunning. Provided that you build it yourself, pergolas can sometimes see about 50% ROI, although you do need to check local building codes to make sure that this is an approved upgrade option.
- Outdoor kitchens – An outdoor kitchen allows you to enjoy fine culinary fare with the sweet smell and sights of the outdoors all around you. You’ll want to be sure not to overspecialize – go with the basics needed to prepare and store food for ‘eating out’. That way, prospective buyers won’t be limited to making pizzas in your stone oven or BBQing in your specialty smoker (unless, of course, you really want these additions for your home). Done right, outdoor kitchens can hit a whopping 100–200% ROI, so put a little planning in – this one’s definitely worth it!
- Patios – Patios are a traditional favorite for entertaining guests or simply spending a little time outdoors, but enclosed, for those who live in the home. If you’ve got the skills to build a big ol’ patio yourself, an ROI of 100% is not unrealistic, but if there’s already a patio and you can upgrade it, then you might be able to raise that ROI to 500%!
- Decks – Like patios, outside decks for entertainment are always welcome, and you can get a lot more by developing an existing deck than you can building one from scratch. That’s not to say that a ‘scratch deck’ isn’t profitable – An 80% ROI Is not unheard of if the design and materials are good – but extending an existing deck might net an ROI of up to 400% if you’re clever!
Looking To Make Your Home More Your Own? Landscaping Express Can Help!
If you’re in the Flower Mound area and looking to expand your home or get a bit of landscaping in to bring out the beauty of the land, then Landscaping Express is there and ready to help! Whether you need residential or commercial work, our team of landscaping experts can design, plant, install, and otherwise put in the work you need to create outdoor living spaces and custom landscapes to your heart’s content.
Give us a call and let us know what you have in mind. We can create exactly what you like or we can give you ideas that will help you to customize your home to fit that happily-ever-after feel that you’ve been looking to bring and keep for your home.
At Landscaping Express, we’ll make it happen!
