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Exterior Upgrades that Increase A Home’s Value Just Patios When it comes to selling a house, curb appeal is critical. Many house hunters make their judgments before even setting foot inside the property. Here are three outdoor upgrades homeowners can make to improve their properties’ curb appeal and increase their resale value. Set up an outdoor fire pit Research shows that homeowners can recover around 60% to 70% of their investment on a professionally installed outdoor fire pit. Fire pits create a cosy atmosphere, perfect for relaxing after a long day. Many homeowners opt to install a fire pit to create an alfresco lounge space where they can unwind, entertain guests and socialise. Another great thing about fire pits is that they are suitable for both large and small spaces. They are ideal centerpieces for either an expansive patio or a compact yard. Add a patio According to research by Analysis by CoreLogic and Archistar, incorporating additional space could increase a home’s value by as much as 30%. The extra space can also add around 27% to the property’s rental income. A patio offers both functionality and visual appeal. It can work as an extension of the living room or kitchen. Patios are also made from strong and durable materials that can withstand extreme weather conditions and temperature changes. As a result, they require minimal maintenance and often last many years. Install a swimming pool A study shows that 85% of homebuyers say that a swimming pool will add value to their new home. In addition, 15% of homebuyers are willing to pay $50,000 or more for a house with a pool. A backyard swimming pool can set the scene for quality family time. It also serves as an instant event space for parties and gatherings. Home swimming pools offer convenience. They remove the need for long trips to the beach, gym or other event venues. They are multifunctional and appeal to people of all ages. Improving a home’s exterior not only helps increase the asking price. It also offers an excellent method to entice potential buyers and expedite a sale. Sources: justpatios.com.au https://www.realestate.com.au/news/home-renovations-what-adds-value-to-your-home-and- what-doesnt/ https://www.homesandgardens.com/news/backyard-improvements-that-add-value-to-your-home https://bluehaven.com.au/how-a-pool-can-increase-your-property-value-by-up-to-200000/