How to Increase Your Home's Value: Outdoor Remodeling Projects with the Highest ROI

We often think of interior renovations as the best way to increase home value, but boosting your home’s curb appeal is just as important. Plus, there are many exterior projects that don’t require the time or the capital that many interior remodels do.

The following list of the Top 10 Exterior Projects with the Highest Cost Recovery is taken from the 2023 Remodeling Impact Report conducted by the National Association of Realtors.

Exterior update featuring custom columns and a mahogany front door.

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10 exterior projects with the highest cost recovery

When it comes to increasing the value of your home, the exterior is just as crucial as the interior. While interior renovations often steal the spotlight, neglecting your home's curb appeal can be a missed opportunity. The exterior of your home is the first thing potential buyers see, and investing in it can yield significant returns.

According to the 2023 Remodeling Impact Report by the National Association of Realtors, there are some exterior projects worth considering that offer higher cost recovery rates, and are a worthwhile investment for homeowners.

Let's delve into the top 10 exterior projects with the highest cost recovery, and explore why they matter:

Standard Lawn Care Service: 217% ROI
Maintaining a well-groomed lawn goes a long way in boosting curb appeal. Regular lawn care services, including mowing, edging, and fertilizing, can dramatically enhance the overall appearance of your home. A lush, green lawn creates a welcoming atmosphere and leaves a positive impression on potential buyers.
Landscape Maintenance: 104% ROI
Beyond basic lawn care, investing in landscape maintenance ensures that your entire outdoor space looks its best. This includes trimming shrubs, pruning trees, and keeping flower beds tidy. A well-maintained landscape adds visual interest and enhances the overall aesthetic appeal of your property.
Overall Landscape Upgrade: 100% ROI
A complete landscape upgrade can completely transform your outdoor space. This may involve redesigning flower beds, adding new plants and trees, installing walkways or retaining walls, and incorporating decorative elements such as fountains or sculptures. A thoughtfully designed landscape not only beautifies your home but also increases its market value.
Outdoor Kitchen: 100% ROI
Outdoor living spaces are becoming increasingly popular among homeowners. An outdoor kitchen allows you to extend your living and entertaining areas outdoors, making it ideal for hosting gatherings and enjoying al fresco dining. From simple grilling stations to fully equipped kitchens with countertops and appliances, the options are endless.
New Patio: 95% ROI
A well-designed patio provides an inviting outdoor living space for relaxation and entertainment. Whether you opt for a cozy courtyard or a spacious terrace, a new patio enhances the functionality and aesthetics of your home. Consider materials such as stamped concrete, pavers, or natural stone to create a durable and stylish patio surface.
New Wood Deck: 89% ROI
A wood deck adds valuable outdoor living space and enhances the architectural appeal of your home. Whether attached to the house or freestanding in the backyard, a deck provides a versatile area for lounging, dining, and entertaining. Choose high-quality, durable wood species such as cedar or redwood for longevity and visual appeal.
Tree Care: 87% ROI
Trees not only beautify your landscape but also offer shade, privacy, and environmental benefits. Investing in tree care, including pruning, trimming, and disease management, helps preserve the health and appearance of your trees. Healthy, well-maintained trees can significantly enhance the value of your property.
Irrigation System Installation: 83% ROI
An efficient irrigation system ensures that your lawn and landscape receive the proper amount of water, promoting healthy growth and minimizing water waste. Automated sprinklers make lawn maintenance hassle-free and contribute to the overall attractiveness of your property. Proper irrigation is essential for maintaining a vibrant and thriving outdoor environment.
Landscape Lighting: 59% ROI
Landscape lighting not only enhances the aesthetic appeal of your home but also improves safety and security. Well-placed lights highlight architectural features, illuminate pathways, and create a welcoming ambiance. Whether you prefer subtle accent lighting or dramatic effects, landscape lighting adds value and functionality to your outdoor space.
Fire Feature: 56% ROI
A fire feature, such as a fire pit or outdoor fireplace, adds warmth, ambiance, and visual interest to your outdoor living area. It creates a focal point for gatherings and extends the usability of your outdoor space into the cooler months. Whether you opt for a rustic fire pit or a sleek gas fireplace, a fire feature enhances the appeal and value of your home.
Bonus- In-Ground Pool Addition: 56% ROI
At 56% ROI, pool additions tied with fire features, and we figure it deserves an honorable mention! While some may consider an in-ground pool addition as a desirable feature, it's important to weigh the costs and maintenance requirements against the potential return on investment. In some cases, a pool may not appeal to all buyers and could be seen as a liability rather than an asset.

Greer, SC Exterior Update

Our clients chose to revamp their entryway with a new, mahogany front door and custom, square columns. Front door lanterns are by Bevolo.

Before and After Gallery

In conclusion, investing in exterior projects can significantly enhance the value and appeal of your home. From basic fire pits to elaborate landscape upgrades, each project contributes to creating an attractive and functional outdoor environment. By prioritizing curb appeal and focusing on projects with high cost recovery rates, homeowners can maximize their return on investment and enjoy a more beautiful and valuable home.