Realtor with Funkhouser Real Estate Group
According to Saber Grills, Outdoor Living 2014, 83% said that outdoor living area is the favorite part of their home out of 1,500 home owners surveyed. Furthermore, approximately 81% of homeowners claimed that their outdoor living space was the heart of their home. This is surprising since the kitchen has generally been considered the heart of the home.
Everyone knows that kitchens sell homes but if you're looking to improve your home, increase it's value, and sell it more quickly, should you renovate your kitchen or add a deck? The following stats, from the NAR, may surprise you.
Cost Vs. Vaule
Deck addition – 87.4%
Major kitchen remodel – 63.6%
Bathroom remodel – 63.6%
New roof – 63.0%
Basement Remodel – 77.6%
In short, the kitchen is still very important and will still help increase the value/sell-ability of houses but don't overlook the out door living spaces. In fact, maybe you should focus on your deck instead of your kitchen.