Is a New Concrete Patio a Good Investment?
If you are planning to sell your property in the near future, you may be wondering what upgrades, if any, would make it more appealing to buyers. While there are a host of things you can invest in to bring attention to your listing, adding a concrete patio to your home is one of the quickest and most affordable ways to make it more attractive to potential purchasers. Siouxland K & K Concrete is the concrete contractor Sioux Falls, SD area home and business owners count on for all of their concrete needs, and we’d like to discuss how adding a concrete patio will increase the value of your home.
Add Space for Less
Installing a new concrete patio is the perfect way to enlarge your home’s living space for significantly less than the cost of adding on. A patio that is well-design and professionally constructed will be useable at least three seasons out of the year, and will have a minimal effect on property taxes. While DIY projects are always possible, it’s a good idea to consult a concrete contractor with experience, to ensure you get the most for your construction dollars and recoup your investment at sale time.
Why a Concrete Patio?
- Can be constructed in a day or two by a qualified concrete contractor.
- Useable after a short curing period.
- Easy to maintain.
- Can be stamped or stained.
- Improves curb appeal.
- Adds living space.
While a new concrete patio can be a great complement to your home, a poorly design one can actually be a detriment when it comes time to sell. For instance, proportion is important. An excessively large patio on a small home or tiny lot will look out of place, just as a tiny patio on a large home or lot will all but disappear. A patio should look like an extension of your structure, rather than an afterthought.
Location, Location, Location!
Placement is another important consideration. A concrete patio sitting alone, detached from your home, isn’t practical. It should be installed in an area that has easy access into and out of the house, and is as close as possible to the kitchen. That way, you’ll be able to quickly transport food and drinks to and from the patio area.
They Eyes Have It
How much privacy should a patio afford? A street-facing location allows passersby to gawk, which isn’t appealing to most homebuyers, who likely view a patio as a place to relax and entertain. If a front-yard patio is your only option, privacy can be achieved with landscaping or fencing.
Too Hot to Handle
A south-facing concrete patio may leave your guests overheated in the midday sun, unless your yard features mature trees, which provide shade, or you plan to incorporate an awning or permanent roof into your plans.
What Are the Numbers?
Don’t just take our word on it. The professionals at Siouxland K & K Concrete advise you to do a little of your own research on how adding a concrete patio to your home will increase its value, both in terms of your lifestyle and resale value. According to the NALP, a new patio:
- Is one of the top 5 projects that appeal to buyers.
- Is one of the top 5 projects that add value to property according to realtors.
- Offers about a 67% return on investment for sellers.
Contact Us for All of Your Concrete Needs
The pros at Siouxland K & K Concrete are standing by to discuss your next concrete project with you. We offer free estimates on our design and installation services and are proud to be the concrete contractor of choice in Sioux Falls, SD and the surrounding area. Please contact us today for more information.