Outdoor Space Upgrades to Boost Property Value
Upgrading your outdoor space is an investment that can make everyday life more enjoyable. Also, it raises the value of your property as a whole. Investing in your outdoor space increases interest from buyers, but what exactly should you be investing in? Here are some great places to start when planning your upgrade:
Hardscape Upgrades:
Deck/Patio
A deck or patio addition to an outdoor space is one of the most dependable investments that you can make when planning your upgrade projects. Recent sellers claim to have recovered 95% of the full project cost. Using materials that are more durable and low maintenance like concrete, brick, and flagstone are the most ideal to use on this project to make the most of your investment.
Outdoor Kitchen
Outdoor kitchens were known as more of a high luxury outdoor space addition. However, they are now becoming more practical, affordable, and popular. This investment can allow homeowners to expect anywhere from 55% – 200% of their investment to be recovered. Choosing materials that can withstand the intense summer heat, high humidity, and coastal air of Horry and Georgetown counties is the most important factor to consider when planning your outdoor kitchen upgrade. The best material options are marine-grade stainless steel, high-density polyethylene, porcelain slabs, and dense natural stone.
Fire Pit & Seating Area
Fire pits with outdoor seating areas let you enjoy the space year-round, not just during the spring and summer months. It’s one of the reasons it is a very popular outdoor space addition. Fire features with a gas burner can add even more extra value to your investment. Sellers claim to have received about a 67% return on their investments on average. Quality materials that are fitting to our local climate for this project include marine-grade stainless steel, sealed concrete, glass fiber reinforced concrete, and dense natural stone.
Shade Structure
Shade structures are a very sought after outdoor space addition here in the Myrtle Beach area. Protection from the harsh summer sun can create an enjoyable outdoor space to spend extended amounts of time in when temperatures are high. A well built shaded structure can return 50% – 80% of your investment at resale. The most durable and low-maintenance materials for this project in our climate are going to be powder-coated aluminum for the structural frame, and high-density polyethylene as the canopy material.
Landscape Upgrades:
Professional Landscape Design & Maintenance Services
Investing in a landscaping design that is created, executed, and maintained by a professional landscaping company can absolutely transform the curb appeal of your property, resulting in a 10% – 12% increase in value of your property as a whole. A well-maintained and attractive lawn can deliver a return on investments of up to 217%.
Irrigation System
While some may consider an irrigation system addition to be more of a practical investment than a profitable one, this update to your landscaping design can return about 83% of your investment at resale. The biggest selling point for buyers to keep in mind while making decisions when it comes to your irrigation system upgrade is to choose the most hands-off maintenance options that you have available to you. Automated irrigation systems and irrigations that can be operated with a smartphone are the most attractive to buyers.
Outdoor Lighting
Proper outdoor lighting within your landscape design can transform the way you experience your outdoor space after dark. Outdoor lighting makes an outdoor environment more safe, more appealing, and more enjoyable. Adding thoughtfully placed lighting to your outdoor space extends the usable hours that you are able to enjoy in it, resulting in a 59% – 100% return on your investment at resale.
Here at Beach Landscaping, we offer all of the above hardscaping and landscaping services and are here to help you create the outdoor space of your dreams! Give us a call to make an appointment with us today at 843-839-5584