A recent study by Harvard University’s Remodeling Futures Program reported that home remodeling will increase by year’s end. And according to Hanley-Wood’s Remodeling Magazine’s Cost vs. Value report, upgrading your outdoor living space may be a good place to start.
Whether it’s a kitchen, bathroom or living room, any remodeling project can cost you money and hassle. Deck and outdoor living remodels, however, tend to be less expensive than those projects that take place in your home, and according to Hanley-Woods, offers more than 60% payback when it comes time to sell your home. And since they take place outside your daily life isn’t uprooted as much as with some other projects.
In recent years, we at Archadeck Outdoor Living have seen that more homeowners are investing in their outdoor living spaces instead of looking to purchase a new home. Some of the projects have been large decks, patios, porches, sunrooms, screened rooms or a combination, but it doesn’t have to be a big project. Instead of a complete replacement of what you have, an outdoor remodel can be updating what you already have. For instance, a home may have a good sized deck that is structurally sound, but may need a bit of freshening up. A thorough cleaning and fresh coat of paint can make a deck look like new. Some homeowners will also change out their railings to give their deck or porch a new appearance.
If you like the outdoor living spaces you have, but wish it were bigger, add-ons can be an option. Have you always wanted a patio off of your porch? No problem. Would you use your space more if you had an outdoor kitchen or fire pit? Great ideas! Adding on to your outdoor living spaces is a great way to increase your outdoor living space while sprucing up the look and increasing its value.
As we’ve mentioned before, outdoor living spaces are becoming more and more popular with homeowners and potential buyers. If you are interested in learning how you can increase the value of your home by remodeling the outdoors, please visit us online at Archadeck.com or call your local Archadeck Outdoor Living office.