When selling your home, make sure you spend time staging and updating your outdoor spaces just like you would your indoor spaces, especially in the Spring and Summer months.
RISMedia recently posted a list of eight outdoor trends that attract buyers:
Outdoor structures make the backyard, and even the front yard in some homes, more functional. An outdoor structure can be something simple — like a storage shed — that makes the space more functional. Or, it can be an outdoor shelter — like a gazebo or pergola — that provides more outdoor living space.
Privacy in Outdoor Spaces
The outdoor living space is considered more than just a backyard for the modern buyer. Today, the outdoor space is an extension of the home. People are moving indoor furniture outdoors, adding fireplaces and even installing televisions. Yet when they are relaxing outside, individuals want a measure of privacy. No one wants to be gawked at when enjoying a drink and watching the game after a long day at work.
What does this mean as you are upgrading your outdoor space? If possible, add some privacy to the space to create a room that is an extension of the home. Put up walls around the pergola or choose an enclosed gazebo to do this easily.
More and more meals are being cooked outdoors, and the modern outdoor kitchen includes more than just a grill and a picnic table. An outdoor sink, range and even oven can make your home more inviting. Of course, you will need to weigh the costs of this upgrade against the potential benefits; but if you have a great outdoor entertaining space, consider adding an outdoor kitchen to attract potential buyers.
Outdoor lighting appeals to buyers for a number of reasons: First, it improves the function of the space, making it easier to enjoy an outdoor living space even after dark. A well-lit deck lends itself well to summer barbecues and parties that continue after midnight.
Outdoor lighting also helps attract buyers by making the home more visible when they drive by the property, even if they drive by after dark. Good outdoor lighting will make the home inviting at all times of day. Also, it helps improve the security of the property, which may be important to select buyers.
Most home sellers know they should improve and upgrade their garden areas, but do so carefully. A lush, yet high-maintenance garden may detract from your home's ability to sell. Many of today's buyers are busy and do not have the time it takes to tend a garden.
When upgrading your landscaping, go as low-maintenance as possible, while still ensuring that the home is attractive. Perennials that grow well in your area can add a splash of color, but do not need to be replanted year after year. Mulch or rock can keep weeds at bay while giving the space a finished look. Automatic watering systems help ensure the plants have enough moisture to thrive, without requiring the owner to keep track of watering schedules. Don't forget to add stone walkways and decorative items to improve the aesthetics of the space, without adding maintenance efforts.
Natural Wood and Stone
Natural wood and stone features on the home — even if they are made from faux materials like vinyl — attract the modern buyer. This design trend can make an outdated home look modern on the exterior, causing more buyers to stop and schedule a showing. It can also boost the appeal of a modern home by helping it to stand out from a crowded marketplace.
Fire Pits or Fireplaces
If you have a modest budget, but want to add an outdoor feature that will increase your home's potential value, consider adding a fire pit or outdoor fireplace. You can even do this as a DIY project if you have the time. A fire pit provides a comfortable, logical place for outdoor entertaining or simply enjoying s'mores together as a family.
Many homeowners pull out all the stops when it comes to building decks, patios and outdoor entertaining spaces, but forget the most important part — seating. While you can add seating through outdoor furnishings, this will not add value to the property in the opinion of a buyer. Consider a permanent, built-in seating option, like a bench built into the deck or a picnic table that stays with the property.
The first step in pricing your home right is finding a professional real estate agent who can help you do just that. Email us at email@example.com or click below for a complementary market analysis on your home.
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