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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51651 W Highway 84 -- Maricopa, AZ 85139

$449,000
4 Beds
2 Baths
2,100 SqFt
Status Active
MLS # 6656353
Property Type Single Family Residence
Price Type --
Investment Opportunity: Own a piece of the Wild West for just $449,000! This 4.9-acre ranch, steeped in John Wayne's history, is a remarkable find, priced to reflect its potential. The main home features 4 bedrooms, 2 baths, and an Arizona room with panoramic views, all awaiting your personalized touch. The property's exceptional price accounts for necessary repairs, offering a unique chance to enhance its value. It includes two private wells; however, the plumbing project is incomplete, and the electrical system needs updating, particularly in the master and northeast bedrooms. These challenges present a clear path for improvement and upside. This ranch represents more than a home— it's an opportunity to craft your legacy in the American West. With ample garage space, RV hookups, and horse facilities, it combines rustic charm with the promise of modern living. Priced to attract investors or visionaries ready to revitalize its features, this estate promises a rewarding project. Embrace the chance to infuse this historic property with your vision, transforming it into a dream home where every corner tells a story, and every sunset ushers in new possibilities. This is your invitation to invest in a lifestyle defined by adventure and potential. Welcome to your next chapter in the heart of the West, where history meets opportunity at an unbeatable price.

371 N 157th Lane Goodyear, AZ 85338

$449,000
3 Beds
2.5 Baths
1,972 SqFt
Status Active
MLS # 6656966
Property Type Single Family Residence
Price Type --
WELCOME TO THIS IMPECCABLE OPEN CONCEPT HOME. KITCHEN HAS AMPLE WHITE SHAKER CABINETS FOR STORAGE, A LARGE ISLAND WITH BREAKFAST BAR AND UPGRADED HURRICANE LAMPS , GRANITE COUNTERS, REVERSE OSMOSIS, PATIO DOOR TO BACKYARD WITH CUSTOM BLINDS AND IS OPEN TO LIVING ROOM FOR EASY ENTERTAINING. 10 FT FLAT CEILINGS ADD TO THE OPEN FEEL OF THE HOME. CEILING FANS AND RECESSED LIGHTS HAVE BEEN ADDED BY THE SELLER, UPGRADED PLANTATION SHUTTERS ON MOST WINDOWS, UPGRADED SHOWER IN PRIMARY BATHROOM, 240 VOLT CAR CHARGER IN GARAGE, WHOLE HOUSE WATER SOFTENER, BAKYARD HAS BEEN COMPLETED WITH EASY CARE LANDSCARPE, TURF AND PAVERS FOR YOUR ENJOYMENT. BELLA ROSA HAS A COMMUNITY HEATED POOL, PLAYGROUND , WALKING PATHS AND MULTIPLE PICNIC GAZEBO'S. EASY ACCESS TO INTERSTATE 10, RESTAURANTS AND SHOPPING

14961 W Alexandria Way Surprise, AZ 85379

$449,000
3 Beds
2 Baths
1,915 SqFt
Status Active
MLS # 6657463
Property Type Single Family Residence
Price Type --
NOW OFFERING 2.5% SELLER CONCESSIONS. This spacious cottage in Marley Park will not disappoint! Direct entry through the garage or through the iconic Marley Park tree-lined walk to the front gated door. You will be welcomed by a spacious entry hall with soaring ceilings and stylish tile flooring. All bedrooms at the tree-lined front side of home, split plan. Generous primary suite has with lofty 12-foot ceiling, wood floors and blinds and an upgraded ensuite bathroom boasting a large, glass walk-in shower, dual sinks, and a custom closet that you must see to believe. Main home boasts open concept living with 9-ft flat ceilings and beautiful tile flooring. WAIT, THERE'S SO MUCH MORE... Kitchen is full of upgraded cabinetry with pull-out drawers and stylish granite countertops with under cabinet lighting. There is a large pantry and a composite double sink to boot. Have a relaxing breakfast in the eat-in kitchen or entertain in the formal dining space. Home was built on a post-tension slab and has two separate patio areas. Owner added a pergola over the side patio, along with a recent new arcadia door. The back patio tile has been extended all the way to the gate. A peaceful shady space to relax under a producing lemon tree. Laundry has been moved to the garage, but could easily be converted back to the laundry room (plumbing is in the same wall location). Garage is wide with tons of storage. And, if that isn't enough, the home has a water filtration system and AC was replaced in July 2023. Solar is in place with a low monthly lease and returns huge savings on the electric bill. Just turn the key and move in tomorrow!

7452 E Keats Avenue Mesa, AZ 85209

$449,000
3 Beds
2 Baths
1,521 SqFt
Status Active
MLS # 6658703
Property Type Single Family Residence
Price Type --
Move-in ready home with POOL is situated on prime interior N/S lot across from neighborhood park. The home feels clean and fresh- new carpet and interior paint, updated lighting, fans, appliances, faucets, toilets, door hardware. The garage is pristine with fresh paint and a new epoxy floor. Home chefs will love cooking on the 5 burner gas range/convection oven and the abundant cabinets and counter space. The home has vaulted ceilings and a spacious great room floor plan. The primary bath offers dual sinks, separate tub/shower, walk-in closet & handy exit to patio. Backyard oasis with refreshing pool, covered patio, large side yard and shed ticks all the boxes. Convenient access to dining, shopping, golf and freeways. Solar panels w/grandfathered net metering. Solar lease in documents tab

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