How a Pergola Can Increase the Value of Your Home During the Holiday Season | Outdoor Living

Investing in an outdoor living area is one of the best ways to increase the value of your home. Pergolas are unique among the many types of outdoor buildings because they offer both practical and decorative advantages. They provide a substantial return on investment (ROI) in addition to creating a welcoming environment for entertaining over the holidays. Here are several ways that a pergola may increase the value of your house, particularly if it is made with entertaining guests in mind.

1. Increased Curb Appeal and Functional Outdoor Space

By turning an unremarkable patio or backyard into a gorgeous outdoor sanctuary, pergolas improve a home's curb appeal. They add an outside "room" to your living area that you can use all year long for entertaining, dining, or just relaxing. A well-designed pergola may draw attention to a multipurpose, usable area in your house, increasing its appeal to potential purchasers.

For example, buyers who are searching for places to entertain or spend time outside are more likely to be drawn to houses with well-designed outside areas, such pergolas. In a 2021 National Association of Realtors (NAR) survey, 55% of homeowners stated that one of the most important things they seek for in a house is a manicured backyard.

2. Return on Investment (ROI) for Pergolas

Investing in a pergola might yield a substantial return on investment. According to the NAR's 2020 Remodeling Impact Report, homeowners may get a return on investment of at least 75% from pergolas and other outdoor structures. This is particularly true in areas with mild winter temperatures and year-round outdoor activity. Pergolas in these areas provide a covered area for holiday parties and family get-togethers during the winter.

For instance, adding a bespoke pergola to a Southern California home's backyard raised its value by 5%. The pergola's integrated lighting, movable louvres, and other elements were intended to blend in with the house's contemporary style.

3. Appeal for Holiday Entertaining

A pergola designed especially for holiday entertainment might provide the perfect backdrop for festive celebrations and make your home more appealing to buyers looking for homes designed for social gatherings. One significant benefit for prospective buyers is that a pergola with additional features like heating, lighting, and rain sensors enables homeowners to have winter parties.

A study by the American Society of Landscape Architects (ASLA) found that the top three outdoor space features desired by potential purchasers were pergolas, outdoor kitchens, and seating spaces. More and more buyers are looking for homes with eye-catching, practical outdoor spaces that can be utilized as an extension of their interior living rooms, especially for hosting family meals, holiday parties, or other get-togethers.

4. Creating Year-Round Value

Beyond enhancing curb appeal and offering a space to congregate during the holidays, a pergola has many other benefits. The secret is its ability to provide comfort throughout the year. In regions with mild winters, like parts of California or the Southern United States, outdoor living spaces are used more frequently throughout the year. In areas where people value outdoor living, a pergola designed to endure various weather conditions will allow homeowners to entertain all year long.

Promoting homes with pergolas as outdoor entertainment areas, for example, increased the value of homes in several areas of Florida. Homes with custom pergola features, like built-in heaters and weather-resistant fabrics, often sold faster and for more money, according to a Florida real estate agent. This is because buyers realized how valuable it was to be able to host outdoor parties throughout the summer and during the holidays.

5. Targeting a Growing Market

The popularity of outdoor living is undoubtedly going to increase, particularly in areas with moderate temperatures where outside areas may be utilized all year round. 87% of participants in a 2020 National Association of Home Builders (NAHB) survey stated that outdoor living spaces were crucial when buying a new house. Due to the growing need for outdoor areas that are both functional and stylish, pergolas are becoming a common addition to homes all throughout the country, especially in areas with longer vacation seasons or warmer temperatures.

Pergolas and Outdoor Living: A Valuable Investment for Your Home

Your home's value might skyrocket if you install a pergola to your backyard, especially if it was constructed with holiday parties in mind. It improves the appearance and utility of your outdoor living space, making your property more desirable to purchasers. Whether you want to increase the value of your home over time or welcome family and friends during the holidays, a well-designed pergola is a long-term investment in your outdoor living space.

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