When boosting your home value, it is important to focus on your exterior as much as your interior. You never know who is looking for a place to enjoy the weather, especially if you live in a warmer climate. One idea is to add an outdoor structure that boosts the value of your home. This way, you are appealing to a variety of buyers if you decide to put your home on the market. You want to do your research to see which additions are worth the investment. To help you get started, here are four outside structural additions that improve your home value.
Fire Pit
There are many homeowners who want to add a fire pit to their backyard, so they are going to appreciate a home that already has a fire pit. It is a great place to roast marshmallows and chat with friends. You may be able to build your own fire pit to cut costs, but you also have the option of hiring a professional to build it. A fire pit can increase your ROI by about 80 percent.
Outdoor Kitchen
Another option is an outdoor kitchen, which is perfect for enjoying a meal outdoors or hosting a gathering. You want to stick with basics such as a sink, grill and counter space. If you add something your buyer does not need, they may look at another home. You may see an RIO of 100 to 200 percent by adding an outdoor kitchen.
Patio
You are going to find many buyers are looking for homes with patios. A patio creates a space to relax with a book, take a nap or entertain guests. It also includes enough space for furniture to create a comfortable spot. You can choose an open or enclosed patio for your exterior. There is a good chance your patio is going to give you an RIO of 500 percent.
Wooden Deck
A wooden deck is another structural addition that increases your home value. It creates a secure place to enjoy the outdoors, and you can add a roof to protect your deck from the weather. You can also give an existing wooden deck an upgrade by refinishing or repairing it. A wooden deck can give you an RIO of up to 600 percent.
If you want to boost your curb appeal and home value, add an outdoor structure to your exterior. Whether you are adding an outdoor kitchen or patio, you are sure to appeal to a variety of buyers.
Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most of her time hiking, biking, and gardening. For more information, contact Brooke via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan