Adding a modern, luxurious pergola to your home will always be a worthwhile investment. Not only do all-weather outdoor living spaces improve your enjoyment, but they are among the most requested amenities by home buyers. Just how much value does a pergola add to a home? Well, that depends on a few factors.
To ensure your pergola project has the most impact on your home value, it’s important to prioritize quality. That includes the quality of materials, as well as the quality of the design. Choosing durable materials that will last a lifetime safeguards your investment in your home. High-quality materials also deliver the visual appeal sought after by luxury home buyers.
While home styling can be a subjective concept, it’s imperative to add a pergola that fits seamlessly with your home’s existing architecture. Our design team are experts at subtly incorporating new pergolas into timeless homes. We can accomplish these seamless integrations by custom color matching your new pergola to your home’s exterior, modeling the pergola roof to exterior elements of your home, and taking visual cues from the home to perfectly scale the new pergola to fit the home’s proportions.
One of the primary drivers of property value increases from home renovation projects is the overall project budget. When it comes to assessing pergola cost, remember that your initial project investment will directly impact your home value. Another element of a pergola addition’s impact on home value is how well it fits with the home’s existing style. Our team works diligently to integrate your new pergola with the original architecture and exterior style of your home making it a seamless part of the structure. Our standard black, white, bronze and gray powder coatings fit well with many exterior home colors, or we can customize the powder coating with any hue to perfectly match your home’s exterior.
In fact, the realized gain will depend on local market pricings, local real estate inventory, and a series of other factors that prevent any of these estimates from being completely accurate. However, the financial investment attached to the installation of a pergola is not the only way these outdoor structures can increase your home’s value.
Outdoor living spaces have experienced a surge in popularity, particularly in the aftermath of the pandemic. Homeowners have rediscovered their passion for outdoor cooking, hosting family gatherings in their backyards, and socializing with friends on their pool decks. The deep connection to outdoor living remains a powerful draw, particularly for prospective homebuyers.
A luxury outdoor living space instantly appeals to a larger home buying audience. A well-appointed outdoor living space provides another element for a new buyer to fall in love with. In fact, Realtor.com notes that one of the amenities that home buyers often fall in love with is a yard with ‘vacation vibes.’ Nothing screams luxury vacation quite like relaxing under a pergola on the pool deck or in the backyard, surrounded by lush tropical landscaping. Given the high demand for these amenities, many homeowners are already adding outdoor living spaces, making it imperative for your outdoor space to stand out from the crowd.
To maximize the market appeal and potentially ignite bidding wars, consider creating a high-end outdoor kitchen. More than just a simple grill station, modern outdoor kitchens now feature outdoor griddles, wood-fired brick pizza ovens, and plenty of dedicated counter space for cooking. If you search for Palm Beach pergola ideas, you’ll see these outdoor kitchens often include outdoor bars, relaxing sitting areas, formal dining seating, and various other amenities.
Also, ensure that the outdoor living space you create can serve as a destination regardless of the weather, especially here in South Florida. No one wants their home entertainment to be cut short by rain showers. Adding a rainproof pergola to your home also offers one more feature for the right home buyer to fall in love with. It’s important to note that not all louvered roof pergolas are capable of completely blocking the rain. The custom pergolas that we design feature a unique dual-walled louver design that prevents water from dripping onto the patio below.
Yes, a beautiful custom pergola is going to elevate your home’s overall value, and a luxurious outdoor living space will elevate your property’s appeal on the real estate market. However, driving property value is just one small aspect of why you might consider adding a modern outdoor living space to your home. Ultimately, the primary goal should be to derive maximum enjoyment from your new pergola. So, consider adding a custom pergola for your own pleasure and let the potential increase in value be an additional incentive to say yes to your backyard luxury dreams.
If you are considering adding a custom pergola to your home, please reach out to us today. Our team is ready to guide you through the design process and provide more information from our South Florida buyer’s guide.
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