Your outdoor living space can be much more than just a nice place to spend time entertaining family and friends. Some outdoor living features can have a great return on investment (ROI) and add value to your home. It’s important to consider this aspect when you are making upgrades or improvements to your outdoor living space.
You don’t have to go big with a grand project like a deck or a pool. In many cases, smaller, more affordable improvements can bring greater ROI to the project and thus, your home. However, it’s important to keep in mind that you need your improvements to be built correctly and kept in immaculate shape. By doing so, some experts claim you can add between 12-15% to your home’s overall value. This is especially relevant in California where the outdoor living season is much longer than most of the country.
Here are a couple outdoor living upgrades that bring great ROI and add value to your home.
Outdoor Kitchens – 100-200% ROI
One of the biggest, and most financially rewarding, trends in outdoor living is the outdoor kitchen, I’m not talking about your habachi grill on top of your picnic table. I mean a full scale kitchen in your outdoor living space, complete with sink, built in BBQ, burners and food prep area. This adds value to your home by basically adding another room to the house. You’re increasing your living space and the type of activities you can engage in while being outside.
Fire Pits – 150% ROI
This is an area where if you want to see the return, you need to make sure that your fire pit or fire element is done right. It’s important to make that your fire feature fits your motif and helps create useable space. Consider a high end, built-in fire pit that connects to your home’s existing natural gas system. This makes for an easy to use, classy feature that burns clean and is easy on fuel consumption.
These are just a couple ways you can make your money work for you when investing in your outdoor living space. Consider these when you thinking about this year’s upgrades.
It’s a great idea to drop into any of the 10 Patio World Locations throughout California. We’re happy to help you plan and select the best of everything for your outdoor living space.
Stop by today!