We know that when you list your house, it can be difficult to decide whether you should pour more money into it. Understandably, you want to save that money for upgrades and special touches in your new house. But, if you’ve ever heard the saying “You have to spend money to make money,” then you may want to reconsider!
Now you don’t want to do just any old upgrades – you will want to do things that’ll give you a decent return on that investment and actually adds value to your home. If you’re wondering where you can start, here are five outdoor features that add value to your home.
Privacy Fence Or Hedges
Doesn’t it seem like privacy is one thing we can’t get enough of, especially when we live in a neighborhood? It’s for that very reason that real estate agents say 48% of their clients want either a privacy fence or nicely trimmed hedges to block nosey neighbors from seeing into their yard.
Cost: Privacy fences typically run between $8 to $18 per linear foot for materials and labor. For hedges, the cost will vary greatly depending on the plants you choose and how the job will get done. A landscaping company is going to be more expensive, but you could do it yourself for a fraction of the cost and a lot of elbow grease.
Full Outdoor Kitchen
Outdoor kitchens are a hot commodity among homeowners because it’s another place to entertain and have easy access to food and drinks. When you’re designing your outdoor kitchen, it can be as simple as a grill, a countertop, and a sink, or it can be a full-on kitchen with a mini-fridge, large cooktop, wet bar, and a cozy dining area.
Cost: The cost of an outdoor kitchen is going to depend greatly on how elaborate it is. If you’re going with something simple, you could be spending as little as $3,000 for a patio (if you don’t have one or need to spruce up an existing one), a decent grill, and a countertop. However, if you want to get the most bang for your buck, you could opt for high-end appliances and finishes; it could go as high as $15,000 or more.
When we think of a firepit, you envision one of those cheap fire pits you pick up at your local big-box home improvement stores. However, this isn’t the type of fire pit that’ll appeal to buyers when you list. Permanent fire pits are a nice feature because they’re a nice place to entertain, enjoy the cooler nights and add visual interest to your landscaping.
Cost: Fire pits are one of the cheapest features you could invest in. A low-cost fire pit can be as low as $300 for a pre-made above ground and can reach up to $1,400 and above for a custom pit.
Even if you’re a sunbather, you’ll need to get out of the sun, even for a little while! The sunshade is always a welcome feature because it allows the homeowner to enjoy the beautiful weather without worrying about baking under a hot sun. Along with protecting the owner from the sun, a sunshade also helps to keep the interior of the home cool by blocking the sun’s rays.
Cost: Sunshade can be a variety of things, so the cost to install one is going to vary greatly. Permanent structures like pergolas can range from $2,200 to $6,000 depending on the materials and size. Patio overhangs can range from $2,000 to $6,000, depending on the material and size. Planting shade trees is the cheaper option, as they can range from $10 to $150 per tree. If you aren’t going to plant them yourself, then you’ll need to factor in labor costs into your budget.
Screened In Space
A screened-in patio or porch is a fantastic way to enjoy the outdoors without worrying about bugs and the rain. Screened-in spaces are especially nice if the homeowner can swap the screens for glass windows so the room can be enjoyed during the colder months – add a space heater and a cozy seat, and you’re all set!
Cost: The cost is going to depend on whether you’re enclosing an existing patio or porch or if you’re building a new one. If you’re building a new porch, you can expect to spend anywhere from $25 to $120 per square foot for labor and materials. If you’re working on an existing patio or porch, you’re looking to spend between $5 to $7 per square foot for labor and materials.
Part of being a homeowner is investing in your home by way of upgrades, improvements, and maintenance. Buyers love to walk into a home where it’s obvious that it was well-taken care of and upgrades are new and in style with modern trends. If you’re hoping to appeal to the largest buyer base, then these outdoor features will appeal to buyers.