After an exhausting day at work, relaxing in the comfort of your own home is always something to cherish. Sitting on your couch and watching TV, settling in with a book, taking a bath—the options are endless. But even without the stress of work, there’s still that nagging reminder of your home responsibilities and chores.
For these reasons, many homebuyers are viewing modern backyards as an essential feature. There is no true sanctuary like your backyard; it can be as cozy as your living room with the added benefit of fresh air. Backyard remodels are the latest trend that is adding value to the home for year-round enjoyment.
Take a peek at these nine improvements you can make to your backyard to increase your home’s value.
1. Add a Deck or Patio
According to Forbes, 58% of homeowners plan to buy outdoor furniture this year, more than double last year. This past year has found people stuck at home, and backyards are a place of retreat now more than ever. Transforming your backyard with outdoor spaces such as patios or decks is an effective way of creating that special haven.
2. Stay Comfortable With an Outdoor Firepit
Who doesn’t love to sit around a warm and cozy fire? An outdoor firepit can replicate the atmosphere and heat that you feel inside. Whether you want fresh air on a cold winter day or s’mores on a cool summer night, an outdoor fire pit will keep you toasty. Jessica Yonker of HGTV Gardens says an outdoor fire pit can increase your home’s value by 15-40%—which is considerably high for an inexpensive option.
3. Install a Swimming Pool
A swimming pool can be a distinctive selling point when competing with other homes. Furthermore, buyers and homeowners have found a new appreciation for swimming pools. As people find more ways to enjoy spending time at home, installing a swimming pool can appeal to the general public and luxury homebuyers.
4. Outdoor Kitchen
Outdoor kitchens are rapidly growing in popularity among homebuyers. The pandemic resulted in many homeowners thinking outside the box when hosting guests. Outdoor kitchens are no longer a luxury feature but an item on many homebuyers’ wish lists. A study from Absolute Outdoor Kitchens found that homes with an outdoor kitchen can see a return of investment of 100% to 200% compared to homes without.
5. Outdoor Lighting
Simple, yet effective. Outdoor lighting can transform a bland backyard into a sophisticated, warm and welcoming oasis. It could be as easy as a string of white lights across trees or as complex as lighting your entire patio. Whichever route you choose, lights are a surefire way to make your outdoor space brighter and more inviting.
6. Revitalize Your Lawn
First impressions are everything for homebuyers. A well-maintained lawn can catch a homebuyer’s eye, and it can certainly influence their decision. According to the Lawn Care Institute, turf grass alone can increase a home’s value by as much as 15%.
7. Privacy Fence
One of the appeal factors of backyards is the seclusion they can provide. A privacy fence can help make your backyard feel like an actual place to retreat. Not only can a fence maintain your hideaway, but it can help support the safety and security of your family and pets.
Over time, a well-kept garden will make your home more enticing to homebuyers. It can demonstrate that the owners take extra care and pride in their property and potentially increase the chances of a sale. Based on a survey by Home Light, a well-maintained garden can boost property value by as much as 77%.
9. Shade Structures/Pergolas
It can be challenging for those in hot areas to relax in a backyard without any shade. Pergolas are a great way to make seating areas or dining tables more comfortable. In addition, pergolas come in all shapes and styles that can match any home design.
When deciding which features you should equip in your backyard, homeowners should stay up-to-date with current trends. The pandemic has persuaded people to rethink their outdoor design spaces, and as a result, companies are now more innovative with their outdoor products to craft an ideal backyard oasis.
These nine backyard improvements can boost the value of your family life while adding to the long-term investment of your home.