The Outdoor Features That Will Boost Your Homes Value The Most
Sellers hoping to get the highest prices for their homes this summer should forget about opening up their kitchen or installing a free-standing bathtub. Instead, they should amp up their home for summer with some of the most popular outdoor features. The right ones could increase a home’s value by 10% over comparable listings, and one extra-special amenity is worth a 97% premium, according to a recent Realtor.com report.
Those trying to get the biggest return on their investment should have an outdoor kitchen/living area installed ASAP. Some may debate whether these are actually useful enough or not. Homes with the outdoor kitchen/living areas saw a 97% price-per-square-foot premium, according to the Realtor.com report.
(To come up with these findings, realtor.com scoured our listings for summer-related, outdoor features in single-family homes on the market for $150,000 and above)
Outdoor features can give a home a special quality on the market that another similar home for sale in the neighborhood might not have. And anytime you have a unique feature, it can bolster the prospective value of a home.
Other outdoor features that can increase property values
Nothing says summer like throwing some burgers and ears of corn on the grill. So it makes sense that homes with barbecue stations are 26% pricier than those without. Barbecues are mentioned in nearly 10% of all listings on realtor.com and are most popular in Texas, Arizona & California.
Pools with enough room around them for friends and family to lounge also gave home prices a lift 26% nationwide. Meanwhile, fire pits gave residences a 25% premium. Why not? There are few things more satisfying than sitting in front of crackling flames, roasting marshmallows. This amenity is most popular in Indiana, Wisconsin and Minnesota where it is included in 7.2% of listings according to the report. There are few things that are more entertaining than enjoying the outdoors with your friends and family.
Published on 2018-06-25 15:59:14