Does a Patio Increase Home Value? How to Sell Buyers On Your Outdoor Oasis

FAQs

INSTALLING FIREPLACE

During the summer months, nothing beats roasting marshmallows and sharing stories around a roaring fire. Homeowners who install an outdoor fire pit will not only create delightful memories, but will also realize a 67 percent return on investment. Fire features that have a gas burner and patio area cost an average of $6,000 to construct, and you'll recoup about $4,000 when you sell your home, according to the National Association of Realtors®’ (NAR) and National Association of Landscape Professionals’ (NALP) 2018 Remodeling Report: Outdoor Features .

Installing a patio is another project that expands and enhances your outside living area while increasing the value of your home. According to the NAR and NALP, an 18' x 20' concrete paver patio costs about $9000 and you'll earn around 69 percent.

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