Yes, adding a paver patio to your home may boost its value because purchasers are seeking more than simply a roof and walls when purchasing a new house. Many purchasers seek houses with patios or porches.
Now that the weather is getting warmer, many homeowners are thinking about installing a new patio in their backyard.
In recent years, paver patios have become more popular and stylish with people looking to add value to their homes for future sales or when it comes time to sell.
They can be an attractive addition if done correctly but they’re not always a great investment from a financial standpoint unless it’s done correctly.
Let’s take a look at what goes into this process so you know whether adding a paver patio will increase your property value going forward.
Does A Paver Patio Increase Home Value?
The answer is yes, Adding a paver patio can increase the value of your property because people want more than just a roof and walls when they buy a new home. Many buyers look for homes with patios or porches.
So if you do not have one already, now might be the time to consider adding one!
Adding a patio to your home is an excellent way to increase the value of your property.
Patios can be used in all seasons and provide a beautiful outdoor living space for you and your family to enjoy with friends and neighbors.
A paver patio is a great idea to add when you are selling your home. If your patio has an outdoor kitchen with BBQ, fire pit, and dining area this will increase the value of your property even more!
It is important to make sure you hire a professional company, rather than trying to build one yourself!
But if you feel you are up to the task of building your own patio you can read our article about:
- [Surprising] The Cheapest Way To Build a Patio
- The True Costs To Build A Patio And Deck(And Hidden COST)
- [DIY] Building Your Own Concrete Patio Floor
- Patio Paver Calculator + Cost
How Much Does A Paver Patio Add To Home Value?
According to Inman, patio extensions including paver patios (when done correctly) can return anywhere from 30% to 60 percent on investment.
Paver patios are one of the top home renovations for homeowners who want to make their homes more valuable.
There are many factors that determine the amount of value a paver patio adds to your home. These include:
Size
Patios should be sized to fit the activity that will take place on them. For example, a patio designed for entertaining will need to be much larger than one used primarily as an outdoor room (which is typically about 12×12 feet).
It’s also important to consider how you plan on using your paver patio and any activities planned before designing it.
Take into account things like trees or other foliage that may otherwise block sunlight from reaching certain areas of the patio extension.
This can significantly reduce its potential value return, so ensure these factors are taken into consideration early in the design process.
Location
Your location plays a crucial role when determining home values too. According to Inman ,
“The top three states with the highest return on investment for paver patios are Texas, Florida, and Georgia. The South has a lot of mild weather that allows homeowners to use their outdoor living areas more than colder regions”
Quality
The most important factor is quality. A patio done well will add value quickly, but if it’s not constructed properly you can get diminishing returns or even see your home value go down because of improperly installed pavers.
So be sure to work with reputable contractors who have experience installing both interlocking concrete pavers (ICPs) and natural stone paving stones like limestone tiles.
These professionals know how to construct these types of features around trees, drainage issues, and other elements that can affect their structural integrity.
As you can see, there are many different factors that play into how much a paver patio will add to the value of your home.
Consider all these elements when designing and building yours so you can maximize its return on investment for years to come!
Design
The design of the paver patio plays a crucial role in its value return too. The most popular designs are herringbone, basketweave, and running bond patterns which create interlock between pavers so they don’t shift or settle over time, but these aren’t the only options available.
If you want something different than what your neighbors have it might be worth paying extra for customization services because custom patios generally add more value to homes than standard ones do.
Be sure to take into account any additional costs like this when planning for them during your project’s budgeting process.
Is A Paver Patio a Good Investment?
A paver patio can be a great investment for your home and can deliver a return on investment of between 30% to 60%.
Here are some reasons why you should seriously consider adding one to the exterior of your residence.
The first reason is that it adds further value to your property without having too much additional work involved in doing so, unlike many other types of exteriors projects which require significant labor and materials costs on top of their installation price tag.
This means even if you do not have any specific plans for selling at this time, simply adding an outdoor living space will raise potential resale value just because it will be a selling feature.
A second benefit from paver patios is the lasting durability they offer as compared to other commonly used patio options such as concrete or brick surfaces.
While these may last well into the future and last for years, there can also come times where maintenance is necessary and the deterioration of these surfaces can be especially costly, requiring more significant renovations to fix.
Do Pavers Increase Property Value?
Yes, a patio may add up to $15,000 to a house’s value. However, if you’re creating a new garden area with pavers, you might boost the value of your property by 20%.
Pavers can help increase a home’s value. A high-quality exterior surface is the first impression that potential buyers get of your house, and pavers provide an instant upgrade from what they might have been expecting to see in terms of curb appeal.
Most people looking at homes for sale don’t know much about this material, so a quality paver installation will look amazing next to concrete or asphalt!
Pavers are very durable and long-lasting as well. The biggest issue with most other materials is their susceptibility to weathering over time which can cause cracking and deterioration, but not so with pavers!
They’re extremely resistant against damage from UV rays and freezing temperatures too. This means you’ll also add years onto the life expectancy of surrounding surfaces, such as patios and driveways, which means greater value for years to come!
Conclusion
A paver patio is a great way to increase the value of your home. Adding this type of outdoor space can increase investment by between 30% to 60%.
Also be very beneficial in terms of personal enjoyment and entertaining guests, making it well worth the investment for many homeowners.
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