Each spring as the temperatures start to rise, homeowners start to think this might be the year to build that new deck or install that long-dreamed about pool. Millions of Americans plan each year to invest in home improvements. While the amount of money they plan to spend varies greatly from one homeowner to another, all homeowners should ask themselves the same question: what are the reasons to improve your home and what is the return on your investment? Take a look at five of the biggest outdoor remodeling projects homeowners consider every summer:
Pool: During the first hot week of summer, don’t we all wish we could install a pool? Don’t think that you are going to get your money back on the price of installing a pool. Installation and maintenance are very expensive and it is questionable whether they increase your home’s value. The only reason to install a pool is for your personal enjoyment.
Deck: If your home doesn’t have a deck, you are missing out. According to Remodeling Magazine’s 2010-11 Cost. vs. Value Report, and the National Association of Realtors, a deck of any kind is one of the best investments a homeowner can make. It will improve the value of your home and you should recoup somewhere between 66% and 73% of its cost in resale value depending on the style and materials used.
Patio: Just because you don’t have the space for a deck, don’t overlook the value of a patio. For some homeowners, a deck isn’t really a good option, but a patio makes complete sense. Patios are a simple way to expand outdoor living space and compared to decks, they’re fairly inexpensive to install.
Outdoor Kitchen: An outdoor kitchen when part of a deck or patio, creates more of an outdoor living space and can add value to your home. It is currently one of the most popular outdoor improvements to make.
Gazebo: A gazebo can create a nice focal point and a lovely sitting spot in your yard. If you have the place for one, it can become a great reading room, a sitting area within the garden or a place to gather for summer parties.
All of the home improvements mentioned create ways to spend more time outdoors and away from the television. They offer ways for families and friends to spend quality time together. While well planned home improvements can increase the value of your home, one of the best reasons to make home improvements is to add value to the lifestyle of the owners. Let Regal Home Improvement help you add value to your home and improve your quality of life this summer.
