Before you break ground, be aware that some improvements can actually decrease your home’s value. Here are five backyard features that might deter potential buyers and leave your wallet feeling a little lighter.
1. Above-ground pools
“Above-ground pools can affect a home’s value if it compromises the yard space,” said one expert. “In some of the well-developed areas in our market, the lot sizes aren’t that large and an above-ground pool can sometimes have a stranglehold on the total amount of yard space.” If your above-ground pool is more of an eyesore than a design feature, you might consider removing it before listing your home for sale.
2. Eclectic landscaping
Agents caution against adopting a “unique gardening style” if you’re looking to increase your home’s value. A rock garden might suit your personal style, but families with kids might prefer a grassy lawn for playtime. Opt for versatile designs that most buyers will appreciate, and skip the permanent features that cater to a niche audience.
3. DIY projects
You might consider yourself a jack of all trades who can learn anything from YouTube, but your home’s potential buyers may take a look at your work and decide it’s not up to their standards. Keep in mind that unpermitted work can result in safety issues and result in a lower offer price. In some cases, it may have to be removed or corrected before the deal is closed.
4. Artificial turf
Artificial turf might seem like a low-maintenance alternative to natural grass, but fake grass is expensive to install, gets hot underfoot, and often presents drainage issues. Plus, depending on quality, it can look less appealing than a well-maintained lawn. If you live in a drought-prone area, consider landscaping with native, water-wise plants and hardscape elements like rock groundcover or stone pavers. Your home’s new owners will appreciate the savings on their water bill and won’t have to worry about replacing it in a few years.
5. Too much concrete
Concrete slab patios are common in many parts of the country, especially in warmer climates. While a new patio has the potential to recoup 95% of its original cost, according to NAR, a poorly maintained patio with cracks, discoloration, and weeds can quickly turn away homebuyers. Removing a concrete patio is expensive and labor-intensive, but you can give yours a quick makeover with a pressure washer, concrete cleaner, and concrete sealer. To highlight your patio’s potential, add colorful potted plants, outdoor rugs, bistro lights, and a cozy seating area.
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