A question we realtors often get is ‘What can I do to my home that will add value when I’m ready to sell?’ If you watch HGTV and read most articles on the subject you usually hear things like ‘kitchen upgrades’ and ‘adding / renovating bathrooms’. Those items do add value but usually only if you sell soon after doing it. After a few years they once again will appear outdated to current buyers and you’ll be stuck in the endless cycle of updating every time you want to sell a home. But one item we see buyers love time and time again is a really nice porch or patio area. It’s not unusual to show buyers several homes and once they see a home with a really nice covered / enclosed porch they stop and say ‘let’s write an offer on this one!’
Porch’s used to be pretty much a standard feature on all homes back before there were air conditioners. So many older homes built before the 1940’s include what was really considered the ‘outdoor room’ for sitting or even sleeping in on hot summer days. Usually covered to protect from rain but open on 3 sides to make sure and allow a breeze to flow thru, these were the gathering rooms for the family and often nearby neighbors to share the latest gossip and local news. After WW II the mass of homes built for returning vets often left off the larger porches to cut costs. In later years air-conditioning became a more standard item on new homes and porches became more of a luxury item as they really weren’t needed to deal with summer heat.
But now there is a new trend back to making a porch area more of an ‘outdoor room’ again. With all the high end outdoor furniture you see today in home improvement stores you really would feel like you’re are sitting inside with a porch furnished like that. Add to that the idea of having an ‘outdoor kitchen’ and now you can cook and eat without ever entering into the home. With so many people (myself included) loving to grill out, the whole idea of the cook ‘n eat area outside has become a very attractive item for home buyers. And with the ‘hustle & bustle’ of today’s lifestyles a nice porch is considered a retreat to go relax, read a book, or nap on a hammock. Let’s just say there are not many people who say they wouldn’t utilize a nice porch on their home.
So if there were one item that I would say adds value AND is something you can enjoy until the time you decide to sell a porch or even just a nice patio area is the way to go. Other than normal maintenance most porches never ‘go out of style’ so it’s a safe bet that it’s going to add value when it’s time to sell your home.
If you’re thinking of any updates to your home and want a REALTOR’s opinion, text or give us a call at 317-563-1110. The Derrick Team is here to help!