Summer provides a great opportunity to work on some outdoor home improvement projects. Luckily, a lot of the outdoor projects that will make your home more enjoyable and relaxing can also help to increase its value.
Let’s take a look at some of the upgrades you may want to consider:
1. Enhance your landscaping. A beautifully landscaped yard will not only make your home more appealing to you and your visitor, but it can be a big plus for prospective buyers as well. According to BankRate.com, attractive landscaping can increase your home’s value by as much as 20-30%. Just be sure to consider the necessary upkeep and maintenance of the plants you’ll be adding before committing to the overhaul.
2. Install a lawn sprinkler system. Lawn irrigation and sprinkler systems are appealing to home buyers because they’re major time-savers and can help to increase watering efficiency. It can be a lot easier to keep your grass green, and your landscaping in tip-top shape, when you don’t have to stand in your yard day after day with a garden hose!
3. Build a deck or patio. Decks and patios are great spaces for both relaxing and entertaining. Decks can be constructed using a variety of materials, including pressure-treated wood or composite materials. Your options for a patio range from natural flagstone to poured concrete. When designing your deck or patio, just be sure that it won’t take up too much of your backyard. You’ll still want enough available space to keep any children and pets happy, as well as potential future buyers.
4. Freshen up the façade. Whether it’s touching up the exterior paint, replacing your front door, or installing new lighting, a little work can go a long way to improving your home’s curb appeal. Adding window shutters or flower boxes is an easy way to give your home a new look without getting into major changes and work. Pressure washing a dirty front porch or vinyl siding can also do wonders for your home’s appearance.
5. Repair or replace the driveway. Your driveway can be another way to add value to your home if it is professionally redone. Whether you’re looking to replace a gravel or dirt driveway with an asphalt one, or take things a step further with bricks, paving stones, or stamped concrete, a well-designed driveway can increase your home’s curb appeal and help it sell faster once the time comes.
Whether you are looking to sell your home in the near future, or don’t quite know what the future holds, outdoor upgrades are something you can enjoy now and reap the benefits of later on if you decide to sell. No matter which outdoor home project is right for you, BankFive has plenty of home improvement financing options to help make it a reality. Contact us today to walk through your financing options and make that outdoor upgrade while summer is still here!