Hardscape Features - Add Value to Your Home
Hardscaping can be a good way to add value to your home; both in the way you enjoy your outdoor spaces and in the equity it adds to your property. But, not all hardscape projects are created equal. Some of these designs will definitely get you more bang for your…brick. Before you break ground, check out this list of hardscape projects that will net you the biggest return on your investment (ROI).
What Is Hardscaping?
Hardscaping is any outdoor landscaping feature that is both hard and moveable. It encompasses several different elements of your yard—including pavers, retaining walls, and even wood arbors—but for the purpose of this article we’re going to stick to stone-based projects.
Why Does Hardscaping Increase Value?
Adding a patio or deck to your property not only makes your yard look nice, but it increases the liveable spaces around your home. Think about it this way: A brick paver patio can instantly become a dining room when you add a table and some chairs or an extension of your living room with some cozy outdoor furniture and a fire pit. This makes your home more appealing to potential buyers, which raises the value.
How Much Value Does Hardscaping Add?
Generally, you can expect to get 20% to 30% of your investment back when you choose the right hardscaping project. For example, say you’re going to add a $10,000 paver patio to your backyard. You can expect that patio to increase your home’s value by $2,000 to $3,000 when it comes time to sell or refinance. Considering hardscaping projects costs run anywhere from $300 to $30,000, you could be looking at a wide range of values.