Are you looking to increase your home value but want something you will actually enjoy living with?
Outdoor living spaces have become one of the most desirable features when looking at real estate statistics. In fact, adding decks, patios, and outdoor kitchens can literally CHANGE YOUR HOME’S worth and the way you enjoy life every day.
You’ll learn:
- Why Outdoor Spaces Are Trending Now
- How Much You Can Expect To Gain With Custom Deck Building
- Comparing Features That Add Value To Your Home
- How To Choose The Right Custom Deck Builder For You
Why Outdoor Living Spaces Are Trending Now
If you need convincing, check out this data from Fixr.com:
“Experts were almost unanimous in agreeing that updating your home with an outdoor living space has a great impact on your home value.”
That’s 98% of experts saying outdoor spaces are important when it comes to adding value to your home.
Why?
Imagine walking into a home and feeling like you don’t have to leave to entertain friends or relax. Kitchens used to be the heart of the home, but now PATIOS are competing for that spot.
We spend a lot of time outdoors. Patios and decks allow you to take what you LOVE about being inside your home and transfer it outside. Technically you gain square footage with a custom deck.
If you’re working with quality Deck Builders Serving Oldham County, Trimble County & Louisville you can customize your space to fit your lifestyle and needs while increasing home value.
Professionals know about building code, maximizing space for your specific home, and how to take advantage of design features that capture the attention of potential buyers.
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How Much You Can Gain With Custom Deck Building
It all comes down to dollars and cents for most people.
Building a deck is an investment in your home. The good news is that it’s one of the highest returning investments you can make.
Via the 2024 Cost vs. Value Report, adding a wood deck recoups an estimated 83% of its cost at resale. The charts break down other common renovations for kitchens and bathrooms. Here is an excerpt:
- Kitchen Remodel 86%
- Master Bath remodel 75%
- Entry door 101%
That right there is incredible ROI compared to other updates you can make inside your home.
It’s worth pointing out that a deck CAN compete with these huge home projects BUT take way less time.
Most kitchens and bathrooms take MONTHS to remodel and make living at home a nightmare. A deck can be built in a matter of weeks.
Not to mention you can enjoy it along the way.
As with any home renovation, your return will vary. Some of it has to do with where you live (region and climate), and some of it comes down to craftsmanship.
Outdoor improvements have greater ROI in areas where homeowners spend more time outdoors or climates that allow for year-round enjoyment of outdoor living spaces.
Comparing Features That Add Value To Your Home
Building a deck is the foundation of your backyard transformation. Here are some of the different features that take your space from “meh” to MILLION DOLLAR LANDSCAPE.
Decks & Patios
Decks and patios create an area that defines your outdoor space. This becomes the foundation you build everything else around.
When designing your space, choose a material that fits your budget and lifestyle. Decks can be made of composite materials or wood.
Composite decks are more expensive but long-lasting with little to no maintenance. Wooden decks are less expensive but will require yearly staining and sealing.
Both of these options add value to your home. Decide what’s important to you and let your deck builder help you come up with ideas that fit your needs.
Outdoor Kitchens
If you want to WOW potential buyers when selling your home, add a kitchen.
Outdoor kitchens used to be glorified grill areas. Now homeowners are adding refrigerators, cooking surfaces, drawers, and cabinets. Kitchens are also returning value, especially if you live in warmer climates.
Why?
You can enjoy your outdoor kitchen 11-months out of the year.
Fire Features
Fire = entertainment and ambiance. Your guests will gather around your fire pit or outdoor fireplace whether you want them to or not.
It also gives you the ability to enjoy your space during cooler months. Firing up a grill when it’s cold outside isn’t everyone’s idea of a good time. Just throw on some logs and BOOM…cozy atmosphere.
Lighting
Lighting allows you to use your deck or patio at night. Not only does this create an area for entertainment but increases safety throughout your property.
Spacing & Layout
This tip goes along with any home purchase. Having a space that flows well and feels natural will increase value.
Your deck doesn’t need to be filled with tons of features. If you work with a great deck builder, they can utilize furniture and landscaping to enhance your outdoor space.
How To Choose The Right Custom Deck Builder For You
This is a huge pain point that many homeowners have. They are so focused on finding the cheapest deck builder that they fail to realize…
The lowest bidder isn’t going to provide you with the best value.
Avoid decking contractors that:
- Only show you photos of past projects they’ve worked on. Ask to see the properties in person.
- Don’t have much knowledge of your region. Soil conditions, climate, and weather patterns are important.
- Aren’t familiar with different types of decking materials. Some work better for your area than others.
- Leave you in the dark. Hire someone that will communicate with you throughout the process.
- Don’t offer warranties. Stick with local businesses that offer solid warranty options.
Choosing the right contractor can increase your home value.
Badly built decks lead to headaches when selling your home. Saggy decks, rotten railings, and water puddling on your deck are deal-breakers for many buyers. You don’t want to invest a lot of money into building a deck, only to have it decrease your home value.
This is why it’s important to find a quality custom deck builder BEFORE you get estimates.
Quality built decks increase your home value.
The Livability Aspect
Home value shouldn’t be the only thing you consider when weighing the pros and cons of building a deck. It’s about improving your quality of life.
Imagine lounging outside while reading your favorite book or drinking coffee. Hosting guests for barbecues become a lot easier when you have space to spread out.
Think about these benefits:
- You gain living space without breaking the bank
- Your mental health can benefit from being outdoors
- Easier to entertain guests
- A place to kickback and relax after a long day
Homeowners with outdoor living spaces tend to spend more time at home enjoying what they built. They aren’t going out to movies and restaurants as much because they have their own personal getaway just steps from their back door.
Wrap Up
Home values increase when you add outdoor living spaces. Not only do decks, patios, and outdoor kitchens add value they expand your square footage too.
You just have to work with a skilled custom deck builder to see those returns. It’s important to find someone that knows what they are doing instead of choosing the cheapest person.
Remember…
Outdoor living spaces are one of the best home investments you can make. Not only do they add value they improve how you live every day.
