While many people focus only on improving the inside of their homes, more and more savvy homeowners are focusing a lot more on the outside of their homes. Improving the aesthetic appeal and value of your home is a wise move in any market. Here are the answers to some popular questions about improving the outside of a domicile.
More often than not, improving the outside of a home will have about a 50% payoff in increased value. This obviously depends on market conditions, area, and other factors, but good-looking yards and exteriors really boost property values.
You may be thinking about a type of improvement that won't fit well within the neighborhood in terms of appeal. If you're trying to put up a gazebo in a small yard, for instance, it may come off more as an eyesore than a smart improvement.
Always make sure to check with your local HOA or municipality about any homeowner rules or laws you should be aware of. You might end up investing in some material for projects only to be shut down or fined.
Some changes you want to make for you may come across as bad changes for potential home buyers. So try to take it easy with your eccentric tastes. Keep things simple and clean if you're planning on selling one day in the future.
The bigger the improvements you're planning on making, the more effort you'll have to put into maintaining them. For instance, revamping your yard with new sod, a pond, and other features will require regular maintenance or else you may just end up creating an ugly mess.
Following up on the maintenance tip, you should be aware of what any operating costs of a project are going forward. A fancy fountain or a heated pool will require money to run in the future. This is something you'll need to budget for.
Many types of home improvements you can make on the outside of a home will need to be consistently repaired or refinished in order to stay looking great. So if you don't have the time or money to invest, you might want to think about going another route.
Some types of exotic trees and shrubs might look great, but they may also be poisonous. Be very careful when making aesthetic yard improvements. Ensure that the things you're purchasing aren't dangerous for children or animals. You are legally liable for these types of things, so check to ensure what you're putting up outside isn't dangerous.
Sometimes people want to make outside improvements in order to entertain. If you're thinking about going this route, outdoor kitchens, pools, gazebos and other outdoor features are a good idea. Just remember to go with improvements that will be enjoyed by other people if you ever intend on selling the home.
Whether you're planning to sell your home or simply want to enjoy a better-looking exterior, outside improvements are always a good idea. Use the information provided above to help you make the right improvements for your situation.