Homeowners make improvements to their homes for a myriad of reasons. Reasons include adding additional living space, remodeling to update a space or style, or upgrades to interior and exterior spaces just to name a few. Home improvements are classified as anything that makes a positive alteration to your home or your land. Today many homeowners are adding new decks and outdoor living structures to their list of improvements.
When an appraiser comes to appraise your home before you put your house on the market, he takes a lot of information into consideration before coming up with that magic number. Appraisers look at land size, square footage, age of the home, the numbers of rooms, the type of home it is, the condition and the quality of the home, and the comparable value of all the other homes around you. Any type of home improvement that adds livable space of any kind, whether it is heated or unheated square feet, does increase your home’s value.
Building a deck for example, can greatly increase your home’s value. Some research shows that up to 75% of the deck cost can be recouped if the home is sold within a year of adding the new deck. Even if you don’t have a lot conducive to adding a deck, a patio is also a solid choice for sellers looking to re-vamp their backyard in preparation to put their house on the market.
Covered porches make an impression to appraisers and prospective buyers when selling your home
Any structure that adds character to your home or land will add value. Any structure that makes you stand out above the competition will add value, and also help get your house shown more often, and thus, sold quicker. You have to think in terms of relativity to the competition around you. Adding an outdoor structure such as covered porch, a gazebos or a pergola can add enough character to make your home stand out from all the rest. Think in terms of the potential buyer’s standpoint, they are going over the houses they have been shown and have to choose from in their price range and they come across yours by memory in their conversation…" yes, that was a nice home, lots of open space, well maintained interior, right amount of bedrooms and it had that beautiful backyard with that lovely covered porch, nice". An addition such as this can often make such a positive impact on your home that the chips will become stacked in your favor.
Keep in mind as well that adding an outdoor space to your home is the most affordable way to expand your home’s value. Archadeck can help you decide on the right outdoor structure for you, from planning, to design, to construction. We can help you every step of the way.