According to a study by the National Association of Realtors, outdoor living spaces can increase New Jersey home values by an average of $57,000! That’s a pretty impressive number, and it’s one that more and more homeowners are taking into account when they’re thinking about selling their homes. In this blog post, we’ll take a look at the top 5 backyard improvements that add value to your home. Keep reading to learn more!
How much value does a nice backyard add?
It’s no secret that a nice outdoor living space can add value to your home. But just how much value does it add? According to a recent study, the average backyard adds about 11 percent to the value of a home in New Jersey. That means that if your home is worth $300,000, a nice backyard could increase its value by as much as $33,000.
Interested in Starting a Home Renovation that Includes Your Outdoor Living Space here in New Jersey? Call 732-905-0005 or Contact Us Now.
Of course, the actual value added will vary depending on the size and condition of your backyard and your home’s location. But even if your backyard is on the small side or needs some work, it’s still likely to add at least some value to your NJ home. So if you’re thinking of selling soon, it’s definitely worth taking the time to spruce up. Following are five backyard improvements that add value to your home in no particular order.
Consider an outdoor kitchen
When planning a kitchen remodel, many homeowners focus solely on the indoor space. However, an outdoor option can be a great way to add value to your home. An outdoor living space project like a kitchen is often one of the best ways to add value to a home.
Here are some benefits of having an outdoor kitchen:
- You can enjoy the outdoors while cooking.
- An outdoor kitchen can extend your entertaining space.
- It can increase the value of your home.
If you enjoy hosting family barbecues, outdoor kitchens are a great addition to your home. With careful planning, it can be a beautiful and functional space that you and your family will enjoy for years to come. If you’re thinking about adding an outdoor kitchen to your home, contact a local New Jersey contractor like MSC Enterprises, LLC today for more information. We can help you determine if this is the right option for you and your family. Read more about How to Choose a House Plan When Building a New Home?
A patio is a great choice
A patio often adds value to a home because it can provide extra living space and also be used for entertaining guests. It is important to make sure that the patio is well constructed and designed in order to get the most benefit from it. Working with a professional can help ensure that the site is prepared properly, drainage is considered and that the patio is built correctly. Experience, preparation and planning, as well as using the best materials available, will result in a gorgeous back yard investment that will last for many years.
When adding a patio to a home, it is important to consider how it will be used. Some people use their patios for dining while others use them for relaxation or as an extension of their indoor living space. No matter how it will be used, a patio can add value to a home by providing additional living space. In addition, patios can be used for entertaining guests which can also add value to a home.
Upgrade your patio space with an outdoor fire pit
Fire pits are a great way to enjoy your patio during the cooler months. It can provide warmth and light, and it can also be used for cooking. There are also several portable options making for a relatively affordable project. If you’re thinking about adding a fire pit to your patio in New Jersey, there are a few things you should keep in mind.
First, you’ll need to choose the right location for your fire pit. It should be placed away from any flammable materials, such as trees or bushes. You’ll also need to make sure there’s enough clearance around the fire pit so that people can safely move around it.
Pergola or an extended roof overhang often adds value
By adding a pergola or extended roof overhang to your patio, you can create an outdoor living space that will add value to your NJ home. In addition, a pergola or extended roof overhang can provide protection from the sun and rain which can make your patio more comfortable to use. You’ll feel right at home in your outdoor living room!
A pergola provides more than protection from the elements. It can also be used as support to hang outdoor lighting or as a structure to support vining plants like grapes or flowering wisteria.
If you are considering adding a patio to your home, be sure to consider how a pergola or extended roof overhang can add value to your home and patio project. When adding any kind of extension to your home – whether it’s an extra room, garage, or even just a porch – you’re often automatically increasing the resale value of the property.
Outdoor lighting
Adding outdoor lighting to a pergola can really enhance the look and feel of the space. It can also make it safer to use at night. There are many different types of outdoor lighting that can be used on a pergola, so choose what will work best for your needs.
Some people like to use string lights or lanterns to light up their pergolas. Others prefer to use floodlights or spotlights. Whatever type of lighting you choose, be sure to install it correctly so it is safe and looks good.
If you are not sure how to install outdoor lighting, consult with a professional who can help you get the job done right. Adding outdoor lighting to your pergola is a great way to extend your outdoor living long into the evening.
Swimming pools and your home’s value
A swimming pool is one of the best investments you can make for your home. They add value to your property, increase your curb appeal, and provide a great place to relax and entertain guests.
If you’re thinking about adding a swimming pool to your home, here are a few things to keep in mind:
- The size of the pool: You’ll want to make sure the pool is big enough for your needs, but not too big that it becomes a liability.
- The type of pool: There are many different types of pools available on the market, so do some research to find the right one for you.
- The cost: Swimming pools can be expensive, so be sure to factor in the cost of installation along with any landscaping or fencing you may want or need around the pool.
How a wooden deck can improve your home value
In New Jersey, a wooden deck is a great way to add value to your home. Not only does it provide you with extra space to enjoy the outdoors, but it also increases the value of your property as homebuyers are often looking for usable outdoor space. If you’re thinking of adding a deck to your home there are a few things to keep in mind.
One of the most important things to consider when adding a deck is the materials you’ll use. Wood is by far the most popular choice for decking material, and for good reason. It’s strong, durable, and looks great. There are a few different types of wood you can choose from, including cedar, redwood, and pressure-treated lumber.
Composite decking material can give you the look of wood, but because it’s fabricated from man-made materials, it can last much longer and require less maintenance.
Each deck building material has its own advantages and disadvantages, so be sure to do your research before making your final decision.
Why are outdoor living spaces important for adding value to a home?
There are many reasons why outdoor living spaces are important for adding value to a home. One reason is that they provide extra space for entertaining guests. Outdoor living areas can also be used as an extension of the home’s indoor living space. They can be used for relaxation, dining, or simply enjoying the outdoors.
Another reason why an outdoor living space is important is that it can add curb appeal to a home. A well-designed and well-maintained outdoor living space can make a home more attractive to potential buyers. For this reason, outdoor living spaces can increase the resale value of your home. This is especially true if the outdoor living space is located in a desirable location such as near a body of water or in an upscale neighborhood.
Making any of these five outdoor living space improvements can add value to your home. Which one will you choose?
- An outdoor kitchen
- Adding a patio
- Building pergola or an extended roof overhang
- Installing a swimming pool
- Building a Wooden deck
No matter which improvement you choose for your outdoor living space, make sure to get started today!
Interesting in renovating your outdoor living space?
Call 732-905-0005 or Contact Us Now.
Additional Resources
- The Average Time To Build A New Home: What You Need To Know
- This is a great article if you’re looking for more information about Where To Buy Land To Build A House In New Jersey.
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