Almost everyone has at one point in time dreamt of having a home with spacious outdoor features. Some dream of having swimming pool, cabana, outdoor kitchen and dining area, or cozy fire pit, while some dream of the combination of multiple. Residential architects, home builders, and landscape construction specialists are witnessing considerable amounts of homeowners interested in including outdoor living space to their home design. Even people that live in countries that witness extremely cold winter still want an outdoor experience that allows them to enjoy out of the exterior of their home. The question that keeps striking people whenever the topic of outdoor living comes up is, “does outdoor living space really increase home value?” A particular survey carried out by the American Institute of Architects in the year 2017 proved that requests for outdoor living continued escalating for six consecutive years. Factually, 70% of the 500 architecture organizations that were surveyed reported an increase in requests of outdoor living by their customers. Quite simply, below are the reasons why a home buyer may want to pay more for a home with outdoor living:
IT MAKES THE HOME FEEL BIGGER THAN IT IS: Making a seamless transition from the indoor of your living spaces to the outdoor has the means of giving potential buyers the impression of greater square footage and bigger home value. A potential home buyer that loves to buy a big home may finally settle for a quasi-small home with outdoor living. Home buyers with spouse and children often prefer to pay more for a house with outdoor space because they perceive it to be bigger and better for their children to have fun.
IT ALLOWS MORE ENTERTAINMENT FOR HOME RESIDENTS: It is intensely fascinating to have a home where one can stay entertained with his/her family. Having a home with outdoor swimming pool, fire pit, or an outdoor kitchen definitely means the residents of that home can always have fun outdoor at anytime they wish. Indubitably, every family wants to experience innumerable ecstatic periods, where they all come together and have fun. Therefore, many prospective homeowners with family are more interested in buying homes that can offer them this opportunity. This implies that if you own a home that allows outdoor entertainment to the residents, your home will be more valued.
IT CAN BE USED AS A PARTY VENUE: Having an eating area and an outdoor kitchen as an inviting spot in your home increases your home value. One of the many reasons why prospective home owners prefer to buy a house with an outdoor living space is because of the fact that it can be an instrument to organize parties and entertain guests. Most people interested in buying a house, especially those that are party lovers, usually look into the outdoor space and consider home events that may transpire in the future. With an outdoor kitchen, a homeowner can host friends and family, where no one will have to go through the stress of going into the house to cook or get food. With a home that has patio, residents can enjoy family dinners or gathering with contemporaries on the patio, while feeling fresh breeze or cordial sunset.
IT SHOWCASES A LIFESTYLE: When an outdoor living space is being staged in your home, you create a lifestyle of outdoor living. In the fullness of time when you decide to sell that home, the buyer of the home may envision himself/herself sharing that precise lifestyle of yours. The lifestyles of homeowners with outdoor living features are usually dynamic and fantastic. While some just make their outdoor space a venue for relaxation, some usually lay by the pool on a hot summer afternoon, some read by the fire pit on chilly evenings in the fall period, and some just host vivacious and lavish yard parties. These distinctive lifestyles are inspiring, and one of the reasons outdoor living space is considered to have a positive effect on home value.
IT CAN HAVE A POSITIVE EFFECT ON ONE’S HEALTH: Having an outdoor living space in your home is not only aesthetically appealing and functional, but also allows a great approach to relax and relieve stress. For example, living in a home with swimming pool and outdoor kitchen makes it possible for the homeowner to relax in the pool, eat the foods being made in the outdoor kitchen, and thereby relieve stress. Your home value definitely increases when your home provides the means to positively affect the health of prospective buyers. A home with outdoor living space allows homeowners to soak up vitamin D from the sun, which helps to reduce your possibility of developing cancer and autoimmune diseases. Apart from the fact that spending time in the outdoor living space of a home helps to reduce stress and boosts one’s immune system, it also has a positive effect on the eyes. Especially for young kids between the age of 6 and 12, spending time outdoor can help to improve visual acuity.
IT ALLOWS ONE TO CONNECT WITH NATURE: It is a rarity to connect with nature, and it is crucial for everyone to enjoy the beauty of nature. This is another reason why homes with outdoor living space have greater home value. Many people have endearment for nature, and seek to enjoy nature in the comfort of their home. As a matter of fact, many do not care about having a swimming pool, patio, or outdoor kitchen, but they are concerned about having a spacious outdoor, where they can enjoy the beauty of nature. Without camping in the mountains, many home owners desire to gaze at green trees, bask in the sun, and listen to birds chirp – having a house that makes this possible means greater home value to them. Additionally, according to meticulous research that was carried out, it emerged that experiencing nature helps to improve the human memory and brain function. Further research proved that experiencing nature also helps to reduce negative emotions, stress, and symptoms of depression.
IT HELPS SAVE MONEY: It is not surprising that many of us still consider being frugal, and therefore find every way to curb our spending. You may be wondering how having a swimming pool, patio, outdoor kitchen, or spacious outdoor can help save money. If you are wondering, then wonder no more, for it will be explicitly expounded in this content. With an enjoyable and inviting outdoor space in one’s home, one can save money from expensive vacation trips and paying for venues for small gatherings. A person that lives in a home with no outdoor living space may be left with no other option than to pay for a venue elsewhere, whenever he intends to organize a small event. On the contrary, a person that lives in a home with outdoor living space can organize the same event and make use of his outdoor space to host the guests. Also, having exquisite outdoor features can make you and your family always stay entertained, and for that reason, not think about going for an expensive vacation. This is one of the things that is being considered by some home owners before concluding that homes with outdoor living space have greater home value.
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