If you’re a homeowner, your residence is probably your biggest investment. Yes, there are other things to invest in. Whether stocks, bonds, index funds, mutual funds, cryptocurrency, or something else, you’ll want to ensure you don’t have all your eggs in one basket.
But, again, most homeowners list their homes as their biggest investments. Whether or not that’s the case with you, it’s essential to invest in maintenance and repairs if you own a home. That’s the only way you can ensure it increases in value so you get a return on your investment.
It’s not just about improving the interior since it’s equally important to take care of the exterior.
Consider these six projects for the exterior of your home when the goal is to maximize your investment as a homeowner.
- Landscape Redesign
You can get a lot of bang for your buck by investing in landscape redesign. Depending on your budget and tastes, you can add trees, bushes, flower beds, and more to improve the aesthetics of your property. Another option is to add a retaining wall to switch up the layout of your property.
According to InsuranceBee, the U.S. landscaping sector is worth $153.6 billion. The same source adds there are north of 640,000 landscaping companies in the country and that close to 1.3 million people are employed in the sector. So, landscaping is a big business worth considering. You can transform the look of your property by getting some quality landscaping work done.
- Build Patio Deck
Another way to add value to the exterior of your home is by building a patio deck. Doing so can help you create an outdoor living space for gathering with family and friends. It can quickly become a central hub on your property for meals, parties, and just hanging out.
While you’re at it, consider adding a patio cover. That way, you and your guests can enjoy the great outdoors even when Mother Nature isn’t cooperating with good weather. Whether rain or sunshine, you can spend time on the back deck if you have a patio cover.
- Upgrade Your Driveway
Yet another way to improve the exterior of your property is to upgrade your driveway. If your driveway has seen better days, you may need to repair or replace it. Otherwise, it might be an eyesore that detracts from the overall look of your property no matter what you do.
One option to consider is concrete leveling services. It’s a good idea if your concrete driveway is uneven due to sunken areas or craters. It can transform your driveway in all the right ways. Concrete leveling isn’t just about aesthetics since it can make your driveway safer. If someone trips over imperfections in your driveway, that could lead to a personal injury lawsuit.
- Add a Water Feature
Adding a water feature to your property also makes sense. You can, for instance, install a waterfall, fountain, or pond. Depending on how much space you have and your budget, you might want to add an in-ground swimming pool for maximum fun when the weather’s balmy.
- Refresh the Exterior Paint
Few things can make as big a difference as a coat of premium paint. Look at the exterior of your home and consider painting any paintable surfaces. Whether siding, window frames, or exterior shutters, you can improve the overall look of your property at an affordable price.
- Install a Fire Pit
Yet another idea is to install an outdoor fire pit. It can be the perfect addition to an outdoor living space. Whether you set it up on your patio deck or backyard, it can be the perfect addition to your outdoor living space.
If the goal is to improve the exterior of your property, these six recommendations are a great place to get started. It’ll be worth it since your property will be more functional, aesthetically pleasing, and valuable.
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