How to Add Property Value by Updating Your Backyard
A New Backyard Can Do a Lot to Add Property Value
Whether you plan on selling your home shortly or residing in it for years to come, it is a good idea to make improvements yearly to keep your home up to date. Some home improvements like updating the backyard not only adds property value but also increases the curb appeal when selling. Potential buyers notice the outside first, and if the yard is barren, they will assume the inside has been neglected over the years as well.
As a homeowner, there are several ways you can update your yard, increase curb appeal, and add property value to your home.
- Outdoor Lighting
Adding outdoor lighting makes your home appear more welcoming to visitors and potential home buyers. Lighting also gives you a way to highlight its best features like trimmed hedges and a well planted garden. One of the biggest benefits of outdoor lighting is the increase in home safety because well-lit homes are less likely to experience a break-in.
- Patios/Decks
When the New Jersey weather is warm, decks and patios replace the kitchens and dining rooms in the summer months. Building a deck or patio makes outdoor gatherings simple and is a great way to add property value. Using better quality materials like wood and stone are the best choices for homeowners because they reap better returns for your investments.
- Outdoor Kitchens
If you are ready to take your patio or deck to the next level, creating an outdoor kitchen is the way to go. Outdoor kitchens often have fire pits, refrigerators, barbecues, and sinks to make cooking and entertaining easier for homeowners. Having an outdoor kitchen already established when you list your home is more appealing to buyers because it is a project they don’t have to worry about later on.
- Fountains/Ponds
Adding a fountain or pond to your backyard creates a peaceful sanctuary and makes it a pleasant and calming place to spend time. While they don’t add as much property value as outdoor lighting or kitchens because of the upkeep involved, they are a beautiful addition to a yard.
- Trees
The right trees not only make your home look beautiful, they also add property value by increasing curb appeal. Mature trees add a touch of shade to any backyard and act a shield on windy days. Planting young trees won’t add property value instantly though. Make sure you give the trees enough years to grow before you decide to sell your home.
- Barefoot-Friendly Lawn
There is nothing better in spring and summer than being able to walk in your lawn without shoes on. Lush, green yards free of bare spots are appealing to potential homeowners and a valuable asset. Don’t skimp on investing in fertilizer and proper maintenance.
If you are ready to sell your New Jersey home and need additional advice on increasing property value to maximize your investment, contact our experienced team of real estate professionals today at 973-225-4900 to schedule your appointment.
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