Every time you decide to update your home, you are most likely adding value as well. This means you are benefiting yourself in the now as well as in the long-run. You get to reap the benefits of your updated space, and you’ll see that money back when you want to sell the house. One of the best places in your home to update is actually not in your home, but outside in your backyard. Keep reading for 3 Outdoor Features that Will Boost Your Entertaining Ability and Your Home’s Value at the Same Time
Add an outdoor kitchen
When you are having a backyard barbecue or birthday party, think about how much easier entertaining would be with an outdoor kitchen. You won’t have to keep running back and forth from the kitchen inside to the party outside. That means you get to be a part of the festivities instead of stuck in the kitchen. You also get to keep all the smells from cooking outside, which is a hidden bonus. Outdoor kitchens can see an average return on investment (ROI) of 100% to 200% when they are added to a home.
Add a deck or patio
Although the initial cost may be higher, $2,000 to $10,000, it will add tremendous entertaining and monetary value to your home. Your patio deck is where everyone will hang out at the party. You can stock the deck with comfy furniture and beautiful decor, making it the ultimate hangout space. A deck will also be much more attractive to potential buyers than a yard without a deck would be.
Add a fireplace or fire pit
Who doesn’t love relaxing by the fire on a warm summer’s night? Fire pits and fireplaces can be relatively inexpensive, but they add a lot of entertaining value. Your friends and family can sit around the fire at night, tell stories, eat s’mores, and create amazing memories. On a landscape architecture survey, fire pits and fireplaces ranked third among the most popular outdoor living features.
Out of all buyers surveyed by Realtor.com earlier this year, 51% of them said that outdoor living space was the most attractive quality of a home. When you are updating your backyard, remember that entertaining is just as important as resale because they go hand in hand. The better they function for entertainment, the more value the features will add to your house.
In addition to these 3 Outdoor Features that Will Boost Your Entertaining Ability and Your Home’s Value at the Same Time- do you have any features to add?