When you love your home, it’s important to build a space that you enjoy spending time in. Make your home a destination for you, your family, and your friends. Consider changes that will benefit you throughout the year, and look for opportunities to add value to your home. If you have thought about building a backyard oasis, there are a number of benefits to upgrading your space.
The Return On Investment
You can’t always measure a return on your investment in dollars. Your ROI can mean you spend hours as a family in the pool, or you now have a great entertainment space where friends can gather. Some updates will add value to your home, but you can’t simply look at every update as purely a financial move. It will cost money to update your property, and you don’t always get this back when it comes time to sell your home. Think about what matters most to you, and consider how much you are going to use your new space.
Current Trends To Create a Backyard Oasis
There are a number of ways to update your existing space and make it more enjoyable. One trend is to have less lawn so that you don’t have as much lawn to care for during the year. Outdoor rooms are popular, and you can set up an outdoor kitchen and dining area if you love to entertain guests. Other popular outdoor features include:
- Patios to create usable outdoor space for furniture
- Play areas for children or pets
- Water features such as installing a new pool, pond, or hot tub
- Lighting, especially along walkways and near sitting areas
- Landscaping that offers variety throughout the year, trees, shrubs, and plants that offer color in each season
When you take the time to create an outdoor oasis, you will love your space. You will enjoy coming home and entertaining friends, and it is possible that you will increase the value of your home at the same time.
Spending more time outdoors will lead to more family time, exercise, and recreation opportunities. Your outdoor space will be improved, and you won’t have to worry about as much mowing each week. You will get to bond and laugh with your children, and the payoff is less sitting and staring at a phone.
In a time when more people are working in front of a computer and people are not getting the fresh air they need, investing in your backyard can have a positive impact. With a new pool, you will get your kids off of their devices and into the water. You can have a great time at your home, and get all the health benefits of spending time outside. Have fun with your family, and add value to your home.
Understanding the Work Involved
It’s important to understand what will need to be done to complete your project and to maintain it. You will want to consider any safety concerns with installing a pool, outdoor kitchen, or fountain if you have small children. In addition to any safety concerns, you will need to think about:
- Installation costs associated with your new backyard features
- The time and cost of any regular maintenance
- How the project is going to be financed
- If you have enough space for the design elements you want
Time spent with family and friends is priceless, and it is important to create a space where you can make memories throughout the year. A backyard oasis can become the entertainment center of your neighborhood, providing you with years of enjoyment. Updating your backyard is an investment and one that will pay off in a number of ways. Invest in the happiness of your family when you take the time to create a backyard you love. If you need to pull equity out of your home to accomplish your back your Oasis give Mid America Mortgage a call to discuss your best options.