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- We understand homeowners investing in a patio addition want to know what they can expect to recover on the cost of the patio if they choose to sell their home. Don’t automatically assume that the more you spend, the more you’ll recoup later. While it would seem to be a logical expectation, it doesn’t always turn out that way. - Source: Internet
- Homeowners looking to add a paver patio prior to selling a home are the ones most likely to inquire about their potential return on investment. At Archadeck of Nashville, we do hear questions like this one fairly often. In our experience, you can’t put your finger on a definitive answer because there are too many variables and the housing market can be unpredictable. We’ve gathered some information you may find helpful in estimating your paver patio return on investment. - Source: Internet
- One such report was produced by the National Association of Realtors (NAR) and National Association of Landscape Professionals (NALP). This survey-based report, 2018 Remodeling Impact Report: Outdoor Features, found the estimated ROI for a paver patio addition was 69%. The patio considered for this survey was an 18-foot-by-16-foot concrete paver patio. - Source: Internet
- Meanwhile, homeowners who plan to stay in their home for the foreseeable future may not be quite as concerned about their paver patio resale value. Knowing the potential ROI, however, can help you feel validated about the money you spend on a patio addition. It’s certainly nice to know you’re likely to recoup a portion of those costs later. - Source: Internet
- If you are primarily concerned with the dollar value a paver patio addition will bring when you sell your home, be sure to let us know that. When you meet with your Archadeck of Nashville design consultant, we will work with you to keep the new patio proportionate to your home. We can help you choose the best pavers to keep those costs in line, too. - Source: Internet
- https://www.hgtv.com/lifestyle/real-estate/maximum-value-outdoor-living-projects-patio - Source: Internet
- “Fresh paint along fences or on a trellis does wonders for the outdoor space,” Michelle says. And, it’s something that homeowners on a restricted budget can easily do. Fresh, colorful flowers in containers or in the garden can also make a huge difference. A fresh coat of paint added tired wooden patio furniture also helps. Keep in mind that adding color to your yard can also be achieved by swapping out old decorative outdoor pillows, the addition of a rug, more container plants and use of other decorative accessories in a tasteful manner. - Source: Internet
- Why do patio and deck additions add value back to your home? Buyers like the additional entertaining and living space. The backyard is more practical, and they won’t have to worry about making their own renovations to the space. Most of the time, adding a patio or deck is far less invasive than other types of home renovations, which every homeowner loves. - Source: Internet
- Every home needs a wow-factor or a standout space to peak buyer’s interest and encourage them to make an offer on the house. There are plenty of great ways to accomplish that with the patio. You can add major features to your new patio that will make a buyer’s experience in their new backyard great. Here are some options: - Source: Internet
- Yes, they do, in more ways than one. Consider this additional information from the 2018 report by the National Association of Realtors and National Association of Landscape Professionals, mentioned above. They found that 84% of homeowners surveyed said they “have a greater desire to be home since completing the [paver patio] project. 83% have an increased sense of enjoyment when they are at home, and 77% feel a major sense of accomplishment when they think of the project.” - Source: Internet
- First, we want to establish that there is more than one way to see a return on your investment in a Nashville paver patio. The typical ROI is expressed as a percentage of what you are paying to add a new paver patio to your home. Different surveys or studies will arrive at different percentages, and those will vary by location. - Source: Internet
- There’s another way to express your return on investment when adding a paver patio: how much pleasure and enjoyment the new patio gives you. Evenings spent on the patio, under the stars, with subtle outdoor lighting for ambiance … you see the value in that. How do you monetize that value—or do you really need to? Cooking on the grill and entertaining friends outdoors … if that’s how you enjoy life, do you even express paver patio ROI in monetary terms? - Source: Internet
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