WHETHER you do it yourself or not, having a well-trimmed backyard can enhance the impression of your home on potential buyers.
Here are some additions you can try.
Outdoor entertainment area
An outdoor entertainment area is a way to add value and an element of fun to your home.
You can get creative with what you would like your outdoor entertaining space to be.
Some people have chosen built-in pizza ovens, outdoor kitchens, built-in fireplaces or outdoor cinemas.
Jason Gelios of Community Choice Realty in Detroit is a fan of fireplace inserts and explains that their return on investment is also significant.
He said Homes and Gardens Magazine: “A person can recoup about 60% to 70% of their investment on a beautifully installed fireplace.”
A swimming pool is a great idea, especially if you live in a hot climate.
It’s a great selling point when you put your home on the market.
However, keep in mind that a swimming pool has a high initial cost and a swimming pool requires additional care which could also deter buyers.
A green and colorful lawn
A well-landscaped home has a significant price advantage over a home without landscaping.
This advantage would be 5.5% to 12.7% depending on the type of landscaping and the original value of the house.
Some fairly inexpensive and easy ways to improve your lawn include pruning your overgrown shrubs, sodding the yard, and adding more flowering plants.
Melanie Musson, renovation expert at Clearsurance.com, told The Sun: “If you can turn a dead lawn into a healthy, green lawn, you’ll instantly add a few thousand dollars to the value of your home.”
Extended overhang with patio furniture
Another way to improve your home is to add an overhang.
An overhang creates shade from the sun creating a more pleasant space to relax and unwind.
The cost of an overhang will depend on whether you are adding to your roof or purchasing a structure from a home improvement store.
However, the average return on investment is between 70% and 80%.
A cantilever will also help you save money on your monthly expenses.
When there is no sun shining on your exterior walls or windows, there is also no sun heating the inside of your home.
The Sun also spoke to real estate agent Jeffrey D. Halpern about his top tips for first-time home buyers in 2022.
Additionally, break down the states where home prices have increased the most.
If you’re struggling financially, here’s how you can get mortgage help.
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