Homeowners going through the buying process spend time viewing listings, touring places, and debating on whether the value of the home is in line with the listed price. If you’ve been through this before, then you recall reviewing the features of the home such as the layout, fixtures, appliances, and landscape as part of your decision to purchase. Each of those impacted the price of the house as well as your opinion of whether it was worth a bid. Homes have both a true financial value, which is typically determined through objective appraisal, as well as personal value that is dependent on each individual’s view of the home.

The craziness of the housing market over the past few years has changed some aspects, but the fact remains that certain features increase the value of a home more than others. Hardscaping projects tend to have a high return on investment, meaning that the money spent on the work will come back to you and then some in terms of the home’s value. Other projects may be meaningful to you, but they will not add to the monetary value of your home— and some could even be a net loss when you go to sell.

When considering what projects to take on for your home, consider what will get you the most return on investment and not the style of the moment. This doesn’t just mean in terms of resale, because value to you as a homeowner is also based on how much you will use or enjoy the results of that project. You also have to consider what will help maintain the integrity of your property over the long term.

Exterior home projects like driveways, residential drainage solutions, and patios all have a certain degree of return on interest. While a driveway isn’t a recreational item the way a pool is, it does serve an important purpose. Investing in renovating, expanding, or adding a driveway has a great return because it provides a safe method for your vehicle to make it to your garage and grants extra parking space off of the street. The ability to protect your vehicles (and park closer to the house for unloading groceries) is worth every penny.

The average ROI of exterior projects at your property varies. Installing a concrete driveway as well as residential drainage systems are two common ways to add both function and value to your property. The total value will depend on the cost effectiveness of executing the project as well as the long-term durability of the result.

“Work with skilled Nashville hardscaping and outdoor construction professionals who understand your vision and respect your schedule. Contact us for a free quote!”

Does a Patio Add Value to Your Home?

Patio installations are more of an accessory compared to drainage systems or driveways, but they’re excellent ways to enhance the value of your home and your life. How exactly does a patio increase the value of your home? By creating a more functional outdoor space that can be used in multiple ways, you have a feature that provides flexibility to any future residents. In terms of monetary measurement, HomeLight.com notes a patio can have over 100% ROI for homeowners, meaning they get back what they paid for the patio and then some!

Patio contractors like Greenway of Nashville can help you design a patio that will fit your budget and needs. This begins with the planning process—first, an evaluation of the area should occur to determine the size of the patio that can be built as well as consider the terrain that it will need to sit on. If you have ground that is frequently covered in standing water, a drainage solution will need to be implemented in addition to the patio— otherwise, it could fail. If there is an abundance of roots from nearby trees, it may be more difficult to create the necessary leveling to place the patio.

Next, you’ll work with your contractor to review the type of patio you want to move forward with: poured concrete or pavers. Poured concrete is more cost effective, but it has less long-term durability, is harder to repair if a crack occurs, and takes several days to cure. Pavers, while more expensive, tend to last longer, can be easier to repair or replace, and are ready to be walked on nearly immediately.

Whether you go with pavers or poured concrete, it’s critical to accurately estimate the amount of material that will be needed to build the patio. Going with pavers, if you order too few, then you may have to wait until you can obtain the rest to complete the project. If you order too many, you’ll have to hope the extras can be returned, otherwise you’ve spent more than needed. For poured concrete, if too little is mixed at first and additional has to be made, the initial batch may begin to harden and set ahead of the second batch. Too much concrete and you still end up spending more money than necessary. Professionals like those at Greenway of Nashville are able to swiftly determine how much material is needed so that you can avoid these problems. They also have the specialty equipment necessary to successfully install concrete and paver patios without you having to invest in extra items you may not use again.

As part of your patio planning, you’ll also want to consider any bonus features that could be built into the patio, such as a firepit, seating wall, or patterning of the pavers. We have a long history of patio design at Greenway and are happy to review our portfolio with you to help spark ideas of how your own patio could turn out.

How Much Does a Paver Patio Add to Home Value Compared to Poured Concrete?

Any type of patio will add to the value of your home. While pavers have a higher upfront cost, averaging 10-20% more than concrete, they have greater durability, which means they will last longer; the cost per year for the life of the paver is therefore better. Pavers can be cheaper and easier to replace—a cracked paver can simply be removed and replaced without disrupting the entire patio. Conversely, a concrete patio will need more extensive work to repair damage, which comes at a higher cost. When weighing those factors, the paver patio comes out on top.

If you’re looking for patio contractors near you, Greenway of Nashville is your local residential landscaping expert. We will help you transform your outdoor space with the knowledge, efficiency, and expertise you expect—whether you’re looking for a patio, a retaining wall, or multiple projects. With years of experience, we’ve encountered a variety of landscapes and projects, leading to our confidence that we can deliver exactly what you’re looking for. Request a free quote with a guaranteed rate by reaching out through our website or by calling us at (615)-238-4574.

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