If you know the home you currently live in isn’t going to be your “forever home,” there’s no need to invest in personalizations for your own enjoyment. That’s not saying that you should be miserable where you’re living, but more so t be cognizant that certain grades you make while living there can negatively impact the resale value of the home once you’re ready to move out… This would be a major blow to your ROI after moving out.
According to, a home’s outdoor living space is one of the major selling points that potential home buyers look for when house shopping. So investing in upgrades to your outdoor living space will most definitely be worthwhile. And the great thing about outdoor space is that there are a number of enhancements you can do that will be of great value to home buyers.
If you’re considering doing some upgrades to your temporary home, start outside first. Here are some of the top investments to make into your outdoor living space.
Patio or Deck
A patio or deck is a great investment in your home’s outdoor space and can bring in upwards of $9,000 on your ROI when you’re ready to sell. Why are patios and decks such a huge selling point to buyers? Well, because outdoor spaces are extensions of a home’s interiors.
With outdoor spaces, you can sit on plush patio furniture and enjoy a good book; Then again, you also get a nice outdoor dining table and can have dinner al fresco as well. So if you’ve been wracking your brain trying to figure out what to do first, have a patio or deck installed.
Getting a pool installed in your backyard is a wonderful addition to your outdoor living space! But there are also some considerations you need to take into account before having one installed.
- How much space do you have for a pool? If you have a small space, a pool isn’t a good investment.
- Will you be getting an in-ground or above-ground pool? Above-ground pools can get a little on the tacky side, depending on how your house is built.
- If you get a pool, you’ll also need a privacy fence for safety purposes. You don’t want people taking dips in your pool without you knowing it, nor do you want someone falling in your pool for the potential of a drowning accident.
- Do you live in an area that gets warm weather year-round? If you live in an area that gets lots of warm weather, a pool will drastically increase the value of your home, but if you don’t, a pool can actually leave your home sitting on the market longer than expected.
If you have a green thumb, a garden will be a great investment for you and potentially for anyone that moves in after you. Just be careful in not making the garden too big just in case you run into a buyer that’s not into gardening. They might see it as work they’re not willing to invest in. By making your garden small, they can easily maintain it if they want or they can easily get rid of it too.
Small Children’s Playground
If you have smaller children, investing in a playground would be a great investment for you and for any buyer with small children moving in. If anything, seeing a playground in the backyard will most definitely be enticing to the kids but it will also be enticing to parents as well because they’ll see it as a safe space for their kids to play in the comforts of their own home
There are many ways to invest in your outdoor living space that will bring a great ROI, even if you don’t plan on living there forever. The key is to make investments that you can enjoy now while living there, but also ensuring those investments will be beneficial to future buyers as well.