Many homebuyers appreciate the versatility of residential outdoor space. From entertainment to gathering with friends and family or just winding down after a long week, outdoor spaces have plenty of value to offer. Here are five outdoor features that attract homebuyers.
1. Good Landscaping
Most real estate agents can agree that nothing attracts potential homebuyers quite like beautiful landscaping. Furthermore, landscaping costs are relatively low, so sellers can easily recoup 100% of their investment after a home sale.
Privacy-oriented landscaping, in particular, adds plenty of value to a home. Well-manicured hedges and trees planted reasonably close to a house can provide aesthetic value while adding a sense of privacy. According to the Council of Tree and Landscape Appraisers, a single mature tree can raise a home’s value by $1000-$10,000.
2. Entertainment Area
What is a backyard without a dedicated entertainment area? Thanks in part to the pandemic-induced lockdowns, indoor entertainment may have lost much of its appeal. Some of the entertainment features prospective homebuyers look for in an outdoor space include outdoor kitchens, grills, permanent seating and spacious decks.
3. Spacious Yard
Outdoor playtime is not only essential for children but also family bonding. Homebuyers are increasingly expressing interest in homes with yards big enough to accommodate play structures such as slides and swings, basketball courts, sandboxes, miniature soccer fields and more. Homeowners appreciate the peace of mind that comes from knowing their children can play all they want within the confines of their backyard.
4. Fire Pit
Outdoor fireplaces or fire pits are grand for reminiscing, keeping warm during chilly evenings and roasting marshmallows or hot dogs. Families that love camping will definitely appreciate the outdoor heating idea.
5. Outdoor Lighting
Outdoor lighting treads the thin line between a functional, must-have feature and a decorative element. Combining smart, solar-powered lights with motion sensors can make an outdoor space more inviting, all while acting as a security feature.
Homebuyers view the modern yard as an extension of the main home. The right yard additions can transform a home’s outdoor area into more than a living space and increase the offers made for the home significantly.