Creating a welcoming and functional space both indoors and outdoors adds value to every home. One of the most effective ways to achieve this balance is by investing in residential exterior projects, commonly known as hardscaping. These projects include outdoor improvements that not only enhance the aesthetic appeal of your property but can also significantly impact its overall value. If you ever plan to sell your home, this is an extremely important investment—done correctly, it can pay you back in part or in full. We will review different exterior construction ideas for homes, explore the average return on investment (ROI) associated with each, discuss the factors that affect the ROI, and share why entrusting these projects to professional hardscaping contractors makes a difference.
Understanding Hardscape Construction Projects
Hardscape construction projects include a wide range of outdoor improvements, all focused on enhancing the manufactured elements of your landscape. While plants are an important part of your home’s exterior, hardscaping focuses on structures made from stone, concrete, brick, pipe, and other non-living materials. Hardscaping projects span from patios and pathways to structural features such as retaining walls, drainage systems, and outdoor kitchens. Each landscape installation project contributes to the harmonious blend of form and function in your outdoor space.
- Patios and Decks: The heart of outdoor entertainment, patios and decks provide spaces for relaxation, dining, and socializing. These extensions of your indoor living areas seamlessly merge with the natural surroundings, creating an inviting atmosphere. With versatility in size, shape, and material, they’re an excellent addition that can easily be customized to the space and decor.
- Pathways: Functionality is key with a good pathway, but it can be beautiful too. The choice of materials, patterns, and lighting can turn a mere walkway into an enchanting journey. This type of hardscape project enhances the navigation of your property and can reduce risks associated with walking on uneven or difficult-to-visualize ground.
- Retaining Walls: Combining aesthetic appeal with practical functionality, retaining walls prevent erosion or washing away of soil while also being a focal point. Residential exterior wall construction helps add dimension to your landscape and increase usable space in sloped properties. Smaller retaining walls can be created to frame flower beds, create visual interest, and add an artistic touch to your outdoor space.
- Fire Pits and Water Features: Transform your outdoor space into a haven of tranquility with features like fire pits or water fountains. These elements add ambiance and create a serene focal point for relaxation and reflection.
- Outdoor Kitchens: For social families, outdoor gatherings during good weather are a welcomed event. An outdoor kitchen takes the idea of a cookout and turns it into something grander. From grilling stations to stone ovens, these spaces extend the culinary domain beyond your home’s walls, making it easier to host a big event.
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What Exterior Home Improvements Add the Most Value?
When contemplating the financial implications of hardscape construction, ROI (return on investment) takes center stage. ROI is the percentage of the original project cost you could potentially see added to the selling price of your home. If a $10,000 project has an ROI of 50%, then you’d estimate the hardscape installation would add around $5,000 USD to the home’s value.
The return on investment for these projects can vary depending on numerous factors, including the project’s type, scope, and quality. On average, well-executed hardscape projects can yield an ROI of at least 20% to 30%.
Among the project types, patios and decks tend to provide a higher ROI, frequently hovering near the upper end of the spectrum. The expansion of usable living space is particularly appealing to prospective buyers, hence an ROI of up to 80%. Firepits surprisingly have a similarly high value. An outdoor kitchen could be worth as much as 55%, provided you’re in the right climate for it to be useful. The value of outdoor lighting installations is around the same. The surprise winner, though, is a retaining wall—it can have a 100%-200% return on investment (talk about retaining value)!
Factors Influencing ROI for Residential Landscaping and Hardscaping
The ROI of hardscape construction is influenced by a multitude of factors that are ultimately a mix of objective and subjective.
- Design and Material Quality: A well-planned design should integrate with your property’s architecture and use of high-quality materials. This significantly enhances the value of your project by contributing to the overall visual appeal as well as the longevity of your hardscape features. Good materials look better and last longer, and people will pay more for those factors.
- Geographical Considerations: The local real estate market, climate, and prevailing trends play a significant role in influencing how potential buyers perceive and value outdoor features. An outdoor kitchen in a state that spends most of the year in freezing temperatures won’t have the return on investment the same project would have in a warmer state.
- Maintenance Requirements: Low-maintenance designs and materials are often more attractive to potential buyers as they reduce future upkeep. A family with children would likely prefer property that won’t require significant work to maintain so they can spend time elsewhere. Focusing on elements that are easy to maintain can bolster your project’s appeal.
- Aesthetic and Functional Balance: Achieving a delicate balance between aesthetic beauty and functional utility is key. Projects that offer both visual allure and practicality tend to resonate more with buyers, leading to a higher ROI.
The Benefits of Professional Hardscaping Contractors
Embarking on a hardscape construction project is a significant undertaking, and partnering with professional contractors can yield greater benefits. These experts bring experience to the table that can guide you toward options that meet your needs both now and down the road. Having a partner who understands the process ensures your vision is translated into reality without wasting money or time.
Professional hardscaping contractors possess the knowledge, skills, and creative insight necessary to execute your project flawlessly. Their craftsmanship ensures that your hardscape features are built to last. Companies like Greenway of Nashville achieve this through access to high-quality materials and expertise that enable them to select the most suitable options for your specific project, enhancing both aesthetics and durability.
They’re also seasoned pros at navigating local regulations—permits can be a daunting task. Excellent hardscape contractors know the local regulations well. Working with them makes it easy to ensure nothing is missed and you’re in compliance with government requirements.
Another huge benefit is that they streamline the construction process, minimizing delays and cost overruns. This efficiency not only ensures timely project completion but also maximizes your ROI. They know exactly what needs to happen and can knock it out, whereas if you’re doing a project for the first time, it could take days or weeks longer, creating frustration.
The allure of hardscape construction projects lies not only in the quick enhancement of your outdoor space but also in the potential for substantial returns on your investment. By thoughtfully selecting and executing projects, you can boost your property’s value while creating an outdoor haven that enriches your lifestyle.
If you’re ready to embark on a transformative journey of residential landscaping near Nashville, we invite you to connect with our dedicated team at Greenway. With our commitment to excellence and a passion for crafting outdoor masterpieces, we’ll transform your property into the perfect custom space you’ve desired.
Contact Greenway of Nashville today to start a hardscape journey that will last a lifetime. Submit a form on our website or call us at (615) 238-4574 to set up your free discussion and estimate.
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