Will building a new patio add value to your home? It’s the number one question you need be asking before you begin your outdoor living lifestyle transformation. There are some surprising truths to consider in order for you to maximise the return on investment that you expect.
How Does a New Patio Add Value to a Property?
A patio can add real estate value in a few different ways. For starters, a patio will add an extra useable outdoor living space that can be enjoyed with family and friends. For example, with the Apollo All Weather Patio, this can be valuable in areas like Victoria, where the weather can be unpredictable, or where you want to enjoy the patio all year round. Additionally, a patio can often increase the curb appeal of a home. A new patio can increase the value of your home by add extra square footage. This can make your home more spacious and give you more room to grow. By adding a patio to your home, you are adding a valuable amenity that can make your home more appealing to potential buyers and boost home resale value.
How do I Know if a New Patio is Right for my Home?
A patio can be a great addition to your home if it meets your needs and circumstances Which one of these scenarios best describes your circumstances:
I live in my forever home – Your patio design will be focused on your current and future outdoor lifestyle needs and the property dynamics. Keep the consideration in mind that in the years ahead the property maybe sold or passed on onto family. Adding value to your family legacy is a high priority for many.
I don’t live in my forever home – Design a patio that will attract and impress your target buyers when it comes time to sell. It can make all the difference between an average sales result and one that delivers the big bucks.
It’s my Investment Property – The focus will be to design a patio solution that will help yield a higher rental return that differentiates your property from the rest that are on the market and in the vicinity.
Subject to your requirements and design preferences, you will need to consider whether or not you’ll be able to use the patio for outdoor living all year round or only during warmer months. This is the most important factor when it comes to assessing the value your patio will add to your home. In most cases the Apollo All Whether Patio offers the greatest potential when it comes to adding outdoor living lifestyle value and increasing home real estate value.
What Patio Solutions Support True All Weather Outdoor Living?
In years gone by some have tried to battle wind and rain with adding mesh blinds, PVC café blinds bistro blinds or outdoor blinds to their patio. These types of blinds do have their purpose in limited situations. But when it comes to true all weather outdoor living, unfortunately PVC cafe blinds, mesh blinds, bistro blinds or outdoor blinds fall short. Solutions like the Apollo All Weather Patio System fully support all weather outdoor living in the most effective manner. The Halson family would agree, lets listen to how their Apollo All Weather Patio has changed the way they live and added home value:
This means that your patio can be enjoyed comfortably in all weather conditions, from warm weather to cold weather. Additionally, the Apollo All Weather Patio can be used all year-round, which means you can enjoy it no matter irrespective of temperature, wind or rain Unlike an open patio pergola, where wind and rain will always come in from the side and can make the patio largely unusable during a typical Victorian winter. A solution like the Apollo All Weather Patio is possibly the best way to ensure that your patio will add property value.
How Much Value Will a New Patio Add To My Home?
This can be subjective topic as there is a huge array of patio solutions in the market place. Stemming from traditional open pergola patios, to solution that can be enjoyed in comfort during all seasons, like the Apollo All Weather Patio. With the right property, design and materials, many believe that a patio can add up to 20% to the value of a property. In a previous article, from realestate.com.au they commented “A covered patio creates year-round inviting decking. Landscape architects love designing patios for their shade and shelter benefits. Consider patio heating and a screened area for added comfort in the winter months.” In order to maximise your return we encourage you to focus on these guiding principles during your initial design meeting:
- Design it to maximise real estate value.
- Design it to support your budget and outdoor living lifestyle needs.
- Build it with the right materials that are fit for purpose (roof, flooring and sides).
- Built it with the future in mind.
What Are Some Tips For Designing The Right Patio For Your Home?
There are a few key things you should consider when choosing the best patio for your property and outdoor living lifestyle aspirations. For starters, you should consider your needs. What types of activities will you be using the patio for? What are your outdoor space restrictions? What are your budget expectations and the best way to pay? Once you have answered these questions, you can start to look for patios that fit your lifestyle and property needs. Finally, you should consider the size, quality of materials and style of the outdoor patio. The core elements to consider are the patio roof, patio floor (e.g. composite decking) and the patio sides (e.g. all weather patio screens). Do you want a small, intimate patio or do you want a large patio that can accommodate a large crowd outdoor living all year round?
How to Invest in Your Property, the Right Way
When it comes to investing in your property; design a patio that is the perfect lifestyle fit for the property. It will make all the difference when it comes to selling the property or passing on the property to family. What will the buyer or your family expect, appreciate and value most when they acquire your property?
At Apollo Patios Vic we always make a correlation between the cooking area inside the house and the outdoor living space. They need to be connected and the living experience needs to flow with ease and practicality. We call this “Connected Living”. Apollo Patios Vic specialises in linking the inside of your home, with your outdoor living space. We start with a design that will add real estate value to your property, then create an environment where you love the way you live with the ones that matter most.
Verdict: Will Building a New Patio Add Value To Your Property?
Your new patio will most likely add value to your property if you follow these 4 fundamental principles:
- The first design priority is to maximise real estate value.
- The design needs to be fit for purpose in terms of desired lifestyle outcomes, use quality materials and be future proof.
- Ensure there is a flow and connection between the indoor and outdoor living spaces.
- It’s got to be an all weather patio with screens that can be fully opened or closed, and it can be comfortably enjoyed all year-round.
To learn more and see examples of how Apollo Patios Vic has helped Victorian families add value to their homes, feel free to browse our gallery and customer reviews. Or, if you ready to have a chat? Click here to schedule your FREE Online Design Meeting, or call 1300 886 443 today!