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The Real Estate Value of Backyard Improvements

This article was written by in Real Estate and Home. 2 comments.

pool.jpgKiplinger has a short guide to backyard improvements. Do you expect the value of your house to increase due to your money, time, and hard work spent making improvements in the yard? Well, you probably won’t recover 100% of the value of that effort, but here are a few guidelines.

* Covered patio: adds value.
* Fireplaces: no return.
* Kitchen: adds value.
* Television: no return.
* Swimming pools: maybe.
* Water features (fountains, ponds): maybe.

If you’re adding on to your yard because you can afford it and because you want to enjoy it, go ahead. Just don’t expect the resale value of your home to recouperate the cost required to create and maintain these features. You may be talking about six figures worth of “investment” without much return other than the enjoyment you convince yourself you get from its use.

Published or updated July 21, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 1 comment… read it below or add one }

avatar S

People put *televisions* in their backyard?

I am weeping.

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