A house is an investment if you intend to resell later in the future. One way to ensure that your investment is profitable is by adding value to the home by introducing more functional features. While some of these added features may be costly, in the long run, they pay off in terms of making the place more conducive to live in and increasing the market value of the house. Talking about features to add to a home, here are some of the best outdoor features that increase the market value of your home.
Have you ever been to a small party at a friend’s house where you see someone with an apron engaging in culinary activities in the kitchen that’s just around the backyard? Outdoor kitchens are worth investing in because they have a return on investment (ROI) value between 100-200%, meaning that you are likely to gain back all the money you invested in constructing the kitchen.
If you created an outdoor space where kids can play and adults can get together for a few drinks, adding a swimming pool might be the next feature you want to add. There is no doubt about a swimming pool increasing the resale value of a home by a significantly large amount, and the question is whether it can fit into your budget.
Outdoor lighting has a way of bringing your home to life when the sun goes down, and it adds a kind of appeal to your curb. It also provides a form of security because lurking burglars can be seen at a glance. Exterior lighting is not expensive to install, and they bring around 60 percent return on investment, which is more than half.
Lawn Sprinkler System
If there are lawns around your home, one of the best ways to make the maintenance easier is by installing a lawn sprinkler system. Lawn sprinklers will save you a lot of time that would have been spent manually watering the lawn. Additionally, it will also save you a lot of money on water.
Another outdoor feature you may want to consider adding to your home is stamped concrete, which can complement some other areas of the house, such as the patio, the walkways, pool decks, and sidewalks. Some of the advantages of having stamped concrete are its durability and availability in various designs and colors. Also, stamped concrete is cheaper to install.
The outdoor features that you can add to your home are not limited to the ones mentioned above. You can also make your findings or consult with property appraisers to know the features that homeowners are looking for when buying properties.