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| Outdoor Space |
Big Decks and Big Patios
= Good Return on Investment
It All About the
Great Outdoors
Now it’s all about outdoor living space. This is the latest recommendation
for good return on investment, ROI in any home renovation project. Remember
that Calgary is the sunniest of Canada's large cities. We enjoy an average of 2,396
hours of sun each year.
Hey Calgary! Go Big!
A bigger deck or patio is the way to go even if it means
tearing up some lawn. A prospective buyer will never know that the grass is
gone. Besides, if he or she sees a sweet way to enjoy expanded living options
they may be more inclined to make an offer.
Better than 80%
Return
According to a recent report by Remodelling magazine, the ROI for outdoor living space is as
high as 81%. When the potential buyer sees a big deck or big patio they may start
to see stars in their eyes. Big parties, big barbecues and big-time
entertainment. It is way more fun than cutting the lawn.
Outdoor Furniture is selling
Big-Time
Celia Kuperszmid Lehrman, the deputy home editor at Consumer
Reports, says that decks appeal to today’s thrift-conscious consumers. They are
looking to save money by spending more time at home. That can explain why, Easy Analytic Software Inc. data shows
that outdoor furniture sales are expected to increase by 21.4% by 2016.
Warning about Hot
Tubs
Inheriting someone else’s hot tub is usually a turn-off. Many potential buyers find them to be a little
gross. Once a hot tub is installed, it's not that easy to remove from a deck or
backyard.
Remember the Curb
Appeal
Although a deck or patio is good ROI, a soon-to-be owner
doesn’t want dirt and grime. Think about pressure washing an older deck or
patio to make it look like new. While you are at it, the driveway, house façade
and outdoor furniture may also need a cleaning. It makes sense to get rid of
algae, mould, mildew stain, grease and road film to get your property ready for
the market.
For more ideas on ROI
call Chris Ashby 403-480-4479.
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