When it comes to selling homes, homeowners need to do everything in their power to make their home seem as attractive and appealing as possible. Even if a property is in good condition and looks great from the outside, it won’t necessarily attract buyers until its interior has been properly staged for selling.
Many people wonder if having a pergola on their property will result in a higher sales price. Although there is no definitive answer to this question, this article will look at the pros and cons of adding a pergola to your property, as well as the overall potential impact it could have on the sale price.
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6 Reasons a Pergola Could Improve the Value of Your Property
If you are considering having a pergola installed on your property, it may be helpful to consider some of the reasons this could potentially improve its value. Here are just a few of the main reasons this could work in your favor:
#1: Added Space and Shade
One of the main benefits that a pergola can provide is additional space for relaxing in the shade. Whether you plan to host barbecues, entertain guests, or just enjoy some time outside with your family, a covered pergola can help create an inviting space on your property.
Many people on the market for a new home look at properties with a pergola as an added bonus, since it can provide a great space for spending time outdoors.
“A pergola is an extremely price efficient ways to add perceived square footage to a property for a fraction of the price,” said Alex C, “Especially in areas that are expensive to build in like San Diego or Escondido, where I focus my energy as a real estate investor (learn more about Alex and how he buys property as a real estate expert in Escondido, CA right here).
#2: Added Curb Appeal
A pergola is also known to enhance the overall curb appeal of a property. This is especially true if you choose to include climbing plants and flowers in your design, as they can help make your pergola stand out as a unique feature of your property. This can make your home feel more vibrant and inviting to potential buyers, which may result in a higher sale price.
The appearance of a home from the moment you pull up to the curb is one of the main things that can affect a buyer’s decision. A pergola helps optimize this first impression, which may give your home an edge over other properties on the market.
#3: Increased Privacy and Security
A pergola can also be a great way to increase the privacy and security of your property. If you include sturdy wood or metal framing, along with thick curtains or blinds, a pergola can help keep prying eyes out and protect your home from intruders.
This added layer of privacy can help make your home feel more secure and comfortable, which may appeal to potential buyers, particularly those with young families.
“Colorado is a perfect environment where the versatility of a pergola shines. From intense sunshine, to winter snow, the right pergola can add privacy and sense on security in a outdoor setting in the most extreme weather conditions. Add a gas heater and family and friends can enjoy your pergola year round in Denver, ‘ said Shaun Martin, a real estate professional and home buyer in the Centennial State.
#4: Added Structural Support
In addition to its aesthetic benefits, a pergola can also provide additional structural support for your property. Since it is typically attached to the home, a pergola can help protect your roof and exterior walls from excess moisture and other damaging elements.
This added protection can extend the life of your home and make it more valuable in the long run. Many buyers are keen to purchase a property that has been well maintained, and having a pergola installed is one way to show that you have taken good care of your home.
#5: Added Value for Future Home Upgrades
Although homeowners may not be able to tell just how much value a pergola could add to their property, having one installed can make it easier to upgrade your home in the future. For example, if you choose to add solar panels or other energy-efficient upgrades down the road, a pergola can help support these additions and increase their overall efficiency.
This is another major selling point for many potential buyers, as they may be more inclined to purchase a home with the potential to be upgraded in the future.
#6: Added Value at Resale Time
The final reason a pergola could improve your property’s value is that it can help you get top dollar when it comes time to sell. Although the resale value of a home depends on many factors, such as location and market conditions, a well-designed pergola can be an impressive feature that buyers will remember and appreciate.
This means that even if you aren’t planning to sell your home right away, investing in a pergola could potentially help you get an even better return on your investment down the road. So, it's something to consider if you're interested in long-term home value.
Final Thoughts
Whether you are looking to increase your property’s value, create a more inviting outdoor space, or simply add another attractive feature to your home, a pergola can be a great way to improve the look and function of your property.
If you are considering adding one to your home, make sure to work with a local contractor who can help you design and build the perfect piece for your needs. With the right pergola, you can enjoy all of the benefits that this timeless architectural feature has to offer.
Click here for more information on the best pergola for you and your home.
