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Updated over 6 years ago on . Most recent reply

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Samuel Wilson
  • Investor
  • Baltimore MD
3
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10
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patios and outdoor furnishing

Samuel Wilson
  • Investor
  • Baltimore MD
Posted

So I have been looking at a SFH in the Waukegan IL area, It does not have any type of outdoor furnishings whatsoever and if I were to buy the house how would adding a patio or a fire pit effect value of the house? Would it be a worthwhile investment? have you or anyone you known installed a patio, and if so how did it affect the value of the home? If the unit was a multiplex instead how would it affect the value?

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It does not affect resale to any degree. It would make the property more attractive to buyers or renters.

If you are thinking of renting do not install a fire pit. Most tenants are generally irresponsible. No fireplaces, wood stoves or fire pits. You do not want open flames anywhere on your property.

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