Captivating Outdoor Innovation Ideas To Increase the Resale Value of Your Property

What factors can really amp up the value of a property? We are sure most of you would answer the number of rooms, indoor fire pit areas, and other interior features. But little do people realise that a mesmerising outdoor space equates to increased home value, just like enticing interiors.

As per The National Association of Realtors report, beautiful outdoor living spaces occupy the top position on the wish list of prospective home buyers. 51% of home buyers have admitted that the property’s outdoor space is a major deal-breaking factor for them.

So, if you are considering putting up that house for sale sign on your property, you should revamp your outdoors to add value to your property. Having a well-manicured lawn and functional outdoor living space can really boost the resale value of your property.

And even if you do not have plans to sell your property soon, outdoor space innovation still sounds like a great pan. Installing and incorporating attractive outdoor fixtures can bring you a high return on investment years later.

Apart from boosting your property’s value, outdoor innovation has many other enticing benefits. Scroll below to learn why you need to renovate your outdoor space sooner than later.

Benefits of Revamping and Renovating Your Outdoor Space

01Creates More Living Space on Your Property

Outdoor upgradation is an easy and affordable way to add more usable space to your house (a major selling point that can entice buyers). You can create an unwinding spot outdoors to relax under the sun and soak in the fresh air.

02A Perfect Way to Boost Your Health

Cleaning and clearing your outdoor space gives you a chance to get into that old gardening habit. Gardening may seem like a pastime, but it is, in fact, an amazing way of exercise. It allows you to stay active and agile and keep diseases at bay.

Now it’s finally time to learn about some captivating outdoor design ideas that don’t require you to do a complete overhaul. So, bookmark one or more of these outdoor innovation concepts and get set to revamp your outdoor and boost your home’s equity simultaneously.

Make Your Property More Valuable with These Amazing Outdoor Innovation Ideas

01Build A Cozy Fire Pit Area

Roasting delectable marshmallows and discussing your day with your loved ones while sitting around a cosy fire. Create this perfect summer evening ambience for yourself by building a fire pit area in your outdoor space.

Installing an outdoor fire pit not only gives you an amazing chance to create memories but can also bring you a high return on investment (ROI). You will need to spend about $6,000 to build a sturdy fire pit with a gas burner. But this $6,000 investment will bring you a $4,000 profit when you list your property as a home for sale.

02Take Off Old Garage Doors

No, your old, cranky garage doors won’t skip the eye of potential buyers. In fact, it is one of the major deal-breaking factors that can drive buyers away from your property.

So, you need to remove that old door and upgrade it with a new one to boost the curb appeal of your property. Garage door replacements can cost you approximately around $3,600-$4,000 but can bring you an ROI of up to 98% or even more. So, when prospective buyers step foot on your property, make sure your new garage door talks on your behalf.

03Install A Charming Patio

Another amazing and affordable way to boost the resale value of your property is to install a beautiful patio. A cosy, shielded patio in your yard can enhance your outdoor living space and entice the attention of potential buyers.

Homeowners need to cough up about $7,500 - $8,000 to build a concrete patio of 18 X 20 size. But when it is time to resell, owners can expect a good ROI from the patio investment.

04Spark Up Your Outdoors with Lighting

Outdoor lighting is a charming way to create a magical ambience in your yard and amp up your property’s curb appeal. Stylish, aesthetic landscape lighting can cost you around $5,000, but you could get an average of 50-60% ROI from this outdoor feature.

Then, try out any one or all of the outdoor innovation ideas listed above to give an updated look to your property. Going ahead with even one of these ideas will amp up your property’s resale value like never before. We understand that these renovations might come at a cost, and not all sellers are willing to shell out this money. This is why The Canadian Home gives an interest-free loan of up to $25,000 to do these renovations before you sell your house.
Click here to read more about this amazing offer.