Backyard Renovations Ranked by ROI

For many, backyards can be a place of comfort and peace, a place to retreat to when the hectic energy of your house gets to be too much. And as important as the front and curb appeal is, the back exterior plays an important role in the value of your home.

Your backyard can essentially add square footage to your home and draw in buyers envisioning a lifestyle. Depending on the project you had in mind, some backyard renovations can bring in a return as high as 200%. We ranked the list of backyard renovations from highest to lowest return on investment (ROI).

backyard renovations by roi

Outdoor Kitchen: 100-200%

outdoor kitchen

Adding an outdoor kitchen has an average ROI of 100-200%. The luxury of having an outdoor kitchen allows you to have great outdoor dining space only footsteps away. If you enjoy entertaining and cooking, especially in the summer months, having an outdoor kitchen is an ideal renovation project. While having the highest ROI, this project is also ONE of the costliest, starting anywhere from 2K all the way up to 100K for top of the line appliances and more durable equipment.

Fire Pit: 150%

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According to the American Society of Landscape Architects, fire pits are ONE of the most requested items by owners today. Creating a fire pit, especially in the backyard, is a way to provide additional entertainment space adds Holly Henbest. Adding a portable fire pit can see an average ROI of 150%. Make sure it blends in with the landscape and there’s plenty of seating around so you can enjoy a comfortable outdoor space all year long.

Exterior Lighting: 50%

Patio: 30-60%

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While it yields a lower ROI, additions to the patio can help to change the mood and aesthetic of a backyard. The benefits of a patio are numerous, from having a place to enjoy the sun or for weekend entertaining purposes. Patios that see the biggest return on investment are ones that take in regard the proportion of the home and the land itself. It should be a balancing act so, that the patio doesn’t overtake the rest of the home.

Plants and Fixtures: $200

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If you’re looking for an easier project that doesn’t involve a high degree of planning, adding plants or fixtures is the equivalent of throwing a fresh coat of paint on the walls. It freshens up the space and adds points of visual interest to the area.

If you’re seriously considering renovating your backyard, give me a call to see what works best for your neighborhood – J.P. Cook – 602-320-4253.

Source:  http://blog.realtyonegroup.com/backyard-renovations-roi/

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418 S 226th Drive Buckeye, AZ 85326

$450,000
3 Beds
2 Baths
1,735 SqFt
Status Active
MLS # 6677357
Property Type Single Family Residence
Price Type --
This is one special property! Located on the 18th green of the Sundance Golf Course. Spectacular MOUNTAN VIEWS! This wonderful 3-bedroom, 2 bathroom home features beautiful QUARTZ COUNTER TOPS, a large kitchen island plus a breakfast bar. The kitchen opens to the spacious family room and dining area. The 3rd bedroom is set up perfectly to be used as a den, office or bedroom. The primary suite features an ensuite with dual sinks and walk-in closet with updated counter tops. Step outside to your covered patio with sunshades, misters, and manicured gardens. Take a dip in the SPARKLING POOL while relaxing with your favorite beverage. The home is energy efficient with SOLAR and SUNSCREENS. Don't miss your chance to own your move-in ready home in Sundance, BEING OFFERED FULLY FURNISHED. Sundance is your premier Active Adult Community in Buckeye. Enjoy your days either golfing, swimming, tennis, pickleball, working out in the fitness center and plenty of other social activities. The Sundance Golf Club features an 18-hole golf course, pro-shop, restaurant. Make Sundance your home today. Some of the home's upgrades include: Plantation shutters Upgraded irrigation system Upgraded lighting R.O System Upgraded baseboards Crown Moulding 100 gallon water heater Built in cabinets in the garage Epoxy garage floors Pool filter, 1 year old Golf ball Sunscreens Patio Misters Paver patio New refrigerator Washer 1 year old Fruit trees (lemon and lime)

19031 N 15th Drive Phoenix, AZ 85027

$450,000
4 Beds
2 Baths
1,501 SqFt
Status Active
MLS # 6679359
Property Type Single Family Residence
Price Type --
Your dream home is here! Step inside this stunning Remodeled Residence located in North Phoenix. A dream Kitchen with gorgeous tall, slow close cabinets , brand new SS appliances and stunning quartz counters. New floors, New Roof, New AC, interior and exterior paint, and light fixtures throughout. Beautifully remodeled Bathrooms with custom vanities and an abundance of natural light. This 1501 sqft, 4bed, 2 bath home has a huge backyard, covered patio, a few citrus trees, and plenty of space to use as you wish, RV gate and plenty of parking spaces! Close to shopping, dinning, and freeway 101, and I17.

37801 N Cave Creek Road Cave Creek, AZ 85331

$450,000
2 Beds
2 Baths
1,140 SqFt
Status Active
MLS # 6679395
Property Type Townhouse
Price Type --
Must see CHARMING single level townhouse designed by renowned valley architect Bennie Gonzales features a TWO car garage, TWO large outdoor patios and GORGEOUS MOUNTAIN AND SUNSET VIEWS!!!. Travertine flooring throughout, Great Room floorplan w/Dining area. Sunny, south facing kitchen, warm wood cabinets, granite countertops, stainless steel appliances & beamed ceiling. 2 spacious bedrooms, owner's suite features an office/den/additional closet. Walk to great shopping, dining, entertainment in Cave Creek & enjoy year round outdoor activities. Owners LOVE spending time & entertaining on the oversized, south facing paver patio w/synthetic grassy area. Lots of natural area open space, wonderful community pool, heated jacuzzi & tennis court. Excellent Lock & Leave/Seasonal Rental. All skylights are new. Garage door is new. Front patio pavers new. Master bath in this unit has a walk-in shower and could be converted back to a tub/shower. 3 Month minimum rental per current HOA rules.

950 E Kelsi Avenue San Tan Valley, AZ 85140

$450,000
4 Beds
3 Baths
2,401 SqFt
Status Active
MLS # 6681792
Property Type Single Family Residence
Price Type --
Immaculate two-story home located in a desirable area, boasting ample living space. This meticulously maintained residence provides comfortable accommodation for all. Upon entering, you are greeted by a welcoming foyer that flows seamlessly into the main living area, ideal for entertaining guests or relaxing with loved ones. The well-appointed kitchen is a chef's delight with plenty of cabinet space for storage. Upstairs, the loft space is perfect for any need. The master suite is complete with a luxurious en-suite bathroom featuring dual sinks, a soaking tub, and a separate shower. The backyard is blank slate awaiting ready for your imagination to unfold! With its charming curb appeal, convenient location, and abundance of living space, this gem is sure to impress.

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