Backyard Renovations Ranked by ROI

For many, backyards can be a place of comfort and peace, a place to retreat to when the hectic energy of your house gets to be too much. And as important as the front and curb appeal is, the back exterior plays an important role in the value of your home.

Your backyard can essentially add square footage to your home and draw in buyers envisioning a lifestyle. Depending on the project you had in mind, some backyard renovations can bring in a return as high as 200%. We ranked the list of backyard renovations from highest to lowest return on investment (ROI).

backyard renovations by roi

Outdoor Kitchen: 100-200%

outdoor kitchen

Adding an outdoor kitchen has an average ROI of 100-200%. The luxury of having an outdoor kitchen allows you to have great outdoor dining space only footsteps away. If you enjoy entertaining and cooking, especially in the summer months, having an outdoor kitchen is an ideal renovation project. While having the highest ROI, this project is also ONE of the costliest, starting anywhere from 2K all the way up to 100K for top of the line appliances and more durable equipment.

Fire Pit: 150%

shutterstock_289660730

According to the American Society of Landscape Architects, fire pits are ONE of the most requested items by owners today. Creating a fire pit, especially in the backyard, is a way to provide additional entertainment space adds Holly Henbest. Adding a portable fire pit can see an average ROI of 150%. Make sure it blends in with the landscape and there’s plenty of seating around so you can enjoy a comfortable outdoor space all year long.

Exterior Lighting: 50%

Patio: 30-60%

5625_Nauni_Valley_Drive_Paradise_Valley_AZ_85253_20160307211552339356000000_38_20160322094646 2

While it yields a lower ROI, additions to the patio can help to change the mood and aesthetic of a backyard. The benefits of a patio are numerous, from having a place to enjoy the sun or for weekend entertaining purposes. Patios that see the biggest return on investment are ones that take in regard the proportion of the home and the land itself. It should be a balancing act so, that the patio doesn’t overtake the rest of the home.

Plants and Fixtures: $200

1433_High_Bluff_Drive_Newport_Beach_CA_92660_13388289_27_20160524133151 2

If you’re looking for an easier project that doesn’t involve a high degree of planning, adding plants or fixtures is the equivalent of throwing a fresh coat of paint on the walls. It freshens up the space and adds points of visual interest to the area.

If you’re seriously considering renovating your backyard, give me a call to see what works best for your neighborhood – J.P. Cook – 602-320-4253.

Source:  http://blog.realtyonegroup.com/backyard-renovations-roi/

Click Here to See What Your Home is Worth

841 E Juanita Avenue Gilbert, AZ 85234

$1,600,000
4 Beds
3 Baths
4,023 SqFt
Status Active
MLS # 6757331
Property Type Single Family Residence
Price Type --
Welcome to 841 E Juanita Ave, a truly extraordinary estate nestled in the prestigious Circle G Ranches in North Gilbert, offering the perfect blend of country charm and modern luxury. Located just minutes from the vibrant Downtown Gilbert and with easy access to the 60 freeway, this property provides the ideal setting for those seeking tranquility, space, and convenience all in one. This expansive 36,573 square foot lot features not one, but two beautifully crafted homes, making it perfect for multi-generational living, guest accommodations, or even a private home office setup. The main home spans an impressive 4,023 square feet and offers 4 bedrooms and 3 bathrooms, thoughtfully arranged in a split floor plan for maximum privacy. The master suite is a private sanctuary with abundant natural light, an attached office area ideal for working from home or creating a quiet reading nook, and a spacious en-suite bathroom. The heart of the main home is a beautifully designed living space that seamlessly connects the formal living room, family room, and dining areas. The open floor plan is perfect for both intimate family gatherings and larger social events. The gourmet kitchen is a chef's dream, complete with ample counter space, custom cabinetry, and modern appliances, making meal preparation both fun and functional. Outside, the sparkling pool invites you to cool off during the warm Arizona summers, while the expansive yard offers ample space for outdoor entertaining, gardening, or enjoying a quiet moment of solitude. As an added bonus, this estate includes a separate 984 square foot guest house, which is essentially a fully self-contained second home. It offers a cozy family room, a full-size kitchen with all modern amenities, a generously sized bedroom, a large bathroom, a dedicated laundry room, an office area, and a private patio where guests or family members can enjoy their own outdoor space. The guest house is perfect for visiting guests, in-laws, or even as a rental unit to generate additional income. Despite having two homes, a pool, and a three-car garage, this estate still provides ample space for customization and additional amenities. Whether you envision creating a garden, a horse corral, or adding more recreational features, this property offers endless possibilities. The estate even comes with horse privileges, making it ideal for equestrian enthusiasts looking for a luxurious property with room to ride. This rare find in the heart of Circle G Ranches offers a unique opportunity to enjoy a luxurious lifestyle with the space and amenities of a rural setting, while still being close to all the amenities that make Gilbert one of Arizona's most desirable places to live. Don't miss your chance to make this dream property your own!

35925 S Caballero Drive Wickenburg, AZ 85390

$1,600,000
6 Beds
3.5 Baths
5,057 SqFt
Status Active
MLS # 6717607
Property Type Single Family Residence
Price Type --
Stunning horse property that is elegant inside and out. Home has a fenced pool and has been cared for by single owner since purchase date. Property is upscale inside with extravagant tastes throughout each and every room in the home. The is a prominent subdivision where the roads are paved, and views are absolutely breathtaking. The panoramic views from the living room, dining room and kitchen are amazing.

10190 N Prescott Ridge Road Prescott Valley, AZ 86315

$1,600,000
4 Beds
5 Baths
3,220 SqFt
Status Active
MLS # 6739226
Property Type Single Family Residence
Price Type --
PREMIER EQUESTRIAN LOCATION embodies rare natural beauty w/ panoramic views! Gorgeous, private & serene horse property in prestigious gated Prescott Ridge Community on over 14 acres set back off of Prescott Ridge Rd bordering state land to the south. Direct Gate access to State Land off SW Corner of property. Numerous upgrades in past 3 years including appliances, roofs, some windows & brand new exterior paint. 4 or 5 bedrooms in the main house along with 3 full bathrooms. 2 bed/1 bath guest suite above the barn and a separate detached studio with a kitchenette for an in-law suite. Perfect for multi-generational living. 8 Stall Barn, Foaling Stall, 3 fenced Pastures, Tack Room, Grain Room, Round Pen, Hot Walker & Bath Rack, Fruit Trees, RV Dump & Hook ups & Oversized garage.

8220 E Minnezona Avenue Scottsdale, AZ 85251

$1,600,000
4 Beds
4 Baths
2,509 SqFt
Status Active
MLS # 6767381
Property Type Single Family Residence
Price Type --
AN AQUATIC OASIS CREATED BY SCOTTSDALE'S 'BIGGEST FISH!'...'SCOTTSDALE'S MOST PROLIFIC, DEVELOPER, INVESTOR, DESIGNER'S' LATEST & GREATEST SHOWCASE FEATURE'S THE FIRST-EVER, NEVER-BEEN-SEEN-BEFORE, BUILT-IN FISH TANK RIGHT BENEATH YOUR FEET BY CREATING & DESIGNING AN 'AQUARIUM FLOOR'....NOT ONLY WILL THIS BE A CONVERSATION-STARTING CENTERPIECE BUT ALSO CREATES A TRANQUIL, UNDERSEA AMBIANCE RIGHT THROUGH THE LIVING SPACE! ONLY A GENIUS MIND WOULD KNOW HOW TO MESH CONTEMPORARY DESIGN WITH AN AQUATIC EXPERIENCE! Dare to 'Step-into' and then 'Over' the 'one-of-a-kind' oasis where KOI FISH will guide you through the 4 BED, 4 BATH, (DUAL PRIMARY) zen retreat! This property is truly unlike any other, allow me to point out some unique stand-out features...An in-ground 1200 GALLON FISH TANK, built with tempered glass to withstand over a thousand pounds of pressure, Open concept living spaces with an exposed Silver wooden beam hi-lights the vaulted ceilings, a 6 foot in length WINE GALLERY with custom glass doors to show off your wine collection, Black porcelain Floor to ceiling focal point Fireplace backdrops the Family Room, a '2-tone' Signature Designer Kitchen fully Integrated with 'top-of-the-line' KitchenAid' appliances & 10 Ft Island centered with Gas Cooktop & Italian Black Hood Vent, a BonusRoom/ Flex Room/ Football watching manCave/ Teenage Pad with STRIKING GARAGE DOOR ACCESS opens onto the backyard patio & pool & has own bathroom en-suite for convenience, a ROOF-TOP DECK accessible by black wrought iron spiral stairwell to take in Sunny Scottsdale's Sunsets and DUAL PRIMARY BEDROOMS both with double-vanity en-suite bathrooms just to name a few. Now step outside to the backyard which is an entertainers playground with covered terrace with hanging chair to relax in and gaze out over the HEATED POOL/ SPA backdropped by a vast array of greenery, a wood burning fireplace for the cooler nights, a built-in BBQ & beverage bar for 'al-fresco' dining and a grassy area for our 'furry friends' to enjoy! ACCOMMODATION IS SOMETHING EXTRAORDINARY with the 1st Primary Bedroom, a stand-out 'owner's suite' and set apart from the rest of the house, has its own lounging area with wall-to-wall sliders opening onto the blissful backyard, also features a massive walk-in closet and contemporary & striking en-suite bathroom. Venture down the hallway inlaid with 'first-ever walk-over' aquarium floor which leads you to 3 bedrooms, & 2 bathrooms (en-suite) ...a hallway that needs to be seen to be believed, kids & adults alike... AND THE GRAND FINAL is the inside Laundry, red & white in color, stunning with standout fire-engine red refrigerator, with tiled floors that look like authentic wood floors, a must feel! A 2 car garage oversized with built-in cabinets and E-V car charging station, 2 tone black & blue non-slip flooring and designer lighting. Add in a paved front courtyard, magnificent landscaping, lighting & trees....this is truly an escape from reality.. I'D LIKE TO BE, UNDER THE SEA, IN AN OCTOPUS'S GARDEN WITH YOU!' - Beatles.

35003 N Ellsworth Road Queen Creek, AZ 85144

$1,600,000
5 Beds
4.5 Baths
4,411 SqFt
Status Active
MLS # 6761572
Property Type Single Family Residence
Price Type --
Escape to this beautiful custom home on 3.44 acres in the heart of Queen Creek. The coveted views of the San Tan Mountains are second to none. The original home boasts charm and rustic appeal; while the new 2,500sf addition is grand, displays beautiful views, provides many opportunities and extends the comfort throughout. Break bread in the dining room fit for royalty, relax and unwind in either of the living rooms and host your guests or spoil your family with a loft and kitchenette upstairs. Outside you will find a covered patio, perfect for sunsets, a steel covered garage and an inside garage/shop. Not to mention the 3.44 acres of land, just waiting for your personal touch -- horse stables? Arena? Pool and spa? The choice is yours! This home is truly one of a kind!

43508 N Jackrabbit Road San Tan Valley, AZ 85140

$1,600,000
4 Beds
3 Baths
3,553 SqFt
Status Active
MLS # 6762939
Property Type Single Family Residence
Price Type --
Fantastic 5 acre ranch with everything a horse person could want. 26 Stalls, some extended to 12x24. Round Pen. 4 Irrigated Pastures. 100x300 Sand Roping arena. Property completely fenced with no-climb and gated with new bridges over ditch. Adobe/Block home with 4 bedrooms, fire place and In-law suite with mini kitchen and own entrance. Hurry on over as this will not last!

56 S Prairie Road Gilbert, AZ 85296

$1,600,000
4 Beds
3 Baths
4,006 SqFt
Status Active
MLS # 6764759
Property Type Single Family Residence
Price Type --
Beautiful Custom Home Located in the Sought-After Morrison Ranch Community in Gilbert. This Open, Light and Bright Floor Plan Boasts a Gourmet Kitchen with Extra Large Marble Slab Island, Custom Cabinetry, Sub Zero Refrigerator and Wolf Appliances. The Walk In Pantry has Custom Built-Ins with Antique Barn Door. Master Retreat with Spa Like Bath and Walk In Closet. Secondary Bedrooms are Separated By Jack and Jill Bath and its own Private Vanity. The 4th Bedroom has an Adjacent 3/4's Bath and Private Exit to Pool Area. Resort Style Backyard with Fenced in Pool, Raised Spa, Water Feature, Built In BBQ, Large Umbrella to Cover Pool and there is also a Pickleball Court, for Outdoor Living at its Finest! With Private Sauna in the Garage, Cabinets and Split Air for Workout Room. This Home Blends Modern Luxury with Practical Living!

20866 W Werner Place Buckeye, AZ 85396

$1,600,000
4 Beds
3.5 Baths
4,085 SqFt
Status Active
MLS # 6769339
Property Type Single Family Residence
Price Type --
Exquisite Luxury Retreat in Verrado's Main Street District. Discover an extraordinary, fully remodeled residence situated on a coveted corner park lot in the heart of the vibrant Main Street District of Verrado. This meticulously updated gem boasts a wealth of enhancements, including a new HVAC system, new roof, and a stunning pool and spa, complemented by beautifully landscaped front and backyards. Spanning over 4,000 square feet, this home showcases an array of luxurious features. The gourmet kitchen is a culinary dream, featuring high-end KitchenAid appliances, gorgeous granite countertops, custom cabinetry, and an accordion window wall that seamlessly connects indoor and outdoor living. Step into your private backyard oasis, where lush landscaping sets the stage for relaxation and entertainment. A sunken Ramada offers a cozy fireplace, lounge area, and a built-in BBQ, all overlooking a spectacular swimming pool with multiple water and fire features. An expansive putting green and an in-ground trampoline elevate this outdoor haven, making it truly one-of-a-kind. Designed for the most discerning buyers, this home is destined to be the envy of family, friends, and guests. Experience the pinnacle of luxury livingschedule your private tour of this incredible Verrado paradise today.

24050 S 124th Street Chandler, AZ 85249

$1,600,000
6 Beds
4 Baths
3,900 SqFt
Status Active
MLS # 6782487
Property Type Single Family Residence
Price Type --
Incredible 1.5 acre, 3900 square foot farmhouse with solar on a County Island in Chandler, AZ. The main house features 5 bedrooms (2 primary suites), 3 bathrooms, nursery, and open-concept kitchen, mudroom, a huge laundry room and a 4 car garage. The casita is attached but has a separate entrance as well and it features another primary bedroom/bathroom, plus its own living room and kitchen. The 2400 sqft barn is setup as an indoor basketball court and there is another detached outbuilding for storage. The main house kitchen has a large island, granite counters, double ovens, storage and a huge dining area. This home is truly an entertainers delight inside and out. The backyard oasis features an amazing pool, multiple covered patios, built-in grill and fire pit. The front yard also features a large covered patio space, mature trees with swings, grass and white picket fencing. You have to experience this home in person to truly take in all that it has to offer!

1435 S Peaceful Place Lane Bisbee, AZ 85603

$1,600,000
3 Beds
3 Baths
2,254 SqFt
Status Active
MLS # 6783025
Property Type Single Family Residence
Price Type --
Located in Bisbee, nestled in the foothills of the Mule Mountains. This home offers 60 acres of private, tranquil land, ideal for those seeking a quiet retreat with panoramic views. Upon entering, you're greeted by a grand foyer and a stunning talavera-tiled staircase, setting the tone for the custom-designed interior. The chef's kitchen is a true standout, featuring high-end finishes and pullout drawers for ultimate functionality. The spacious living room, complete with a cozy Beehive fireplace, offers an inviting space for relaxation and entertainment. Two of the three bedrooms could be considered masters, one upstairs and one downstairs. Two covered patios off the main floor and two large balconies on the second floor. Garage is extended 24x24. A rare find! Absolutely stunning!

12593 E Desert Cove Avenue Scottsdale, AZ 85259

$1,600,000
4 Beds
2.5 Baths
3,356 SqFt
Status Active
MLS # 6750510
Property Type Single Family Residence
Price Type --
Welcome Home to this completely remodeled home in Sierra Foothills! Highly desired gated community with gorgeous mountain views. Step inside to the open concept layout featuring high ceilings with crown molding throughout. Gorgeous finishes were selected including wood look tile floors, white double stacked cabinets, quartzite countertops, marble showers and Restoration Hardware bathrooms vanities. This home also has an office with AV storage closet and media/theater room featuring a wet bar. A backyard that dreams are made of with waterfall featured pool, misting system throughout, luscious vegetation, outdoor kitchen, firepit, and grassy area. Located near BASIS, Mayo Clinic, hiking trails, golfing, this Arizona home can't be beat!

1733 S Sugarloaf Road Cornville, AZ 86325

$1,600,000
2 Beds
2 Baths
1,399 SqFt
Status Active
MLS # 6767899
Property Type Single Family Residence
Price Type --
Beloved Gardens: An Oak Creek Waterfront Creative Haven. Step into the enchanting world of Beloved Gardens, a cherished Oak Creek frontage sanctuary nestled in the heart of a picturesque landscape with three notable buildings and 2 more ready to complete. Years of love have added the lush gardens that prompted the name of this place. This 3.77-acre oasis is a testament to creativity and passion for nature. Zoned for horses and livestock, this property offers endless possibilities for those seeking a peaceful retreat or a place to connect with nature and water. Immerse yourself in the world of Beloved Gardens, where nature and creativity converge in a harmonious symphony. Experience the transformative power of this unique space and be transported to a realm where beauty and artistry intertwine in perfect harmony, surrounded by the soothing sounds of Oak Creek and the abundance of nature. Features: - Lush gardens teeming with mature and productive fruit trees, including apples, apricots, peaches, pistachios, paw paw, persimmon, jujubes, white mulberries, black bamboo, and red hawthorne - Serene and inspiring surroundings - Thoughtfully designed outdoor spaces that invite contemplation, creativity, and connection with nature - A harmonious blend of art and nature, with sculptures and installations dotting the landscape - Sustainable practices integrated into the garden's design - A place of beauty and captivating inspiration - A testament to the owners' love for the land and their dedication to creating a space that nurtures both the soul and the senses Additional Features: - Property sits has 220 feet of Oak Creek frontage on both sides (440 ft total) offering a tranquil and picturesque setting with plentiful fish, wildlife and seasonal fireflies. - Two wells and a hand pump provide ample water supply for the gardens, ensuring the lush vegetation thrives - Two 3,000-gallon holding tanks store water for irrigation, allowing for sustainable water management practices -400 amp electric service to handle high electrical loads for multiple buildings - A root cellar adds a touch of rustic charm and practicality to the property, providing storage for produce and other essentials - 2 chicken coops with roosts and feeders to house dozens of chickens - Sheep pen with shelters and feeder Current Buildings on the Property: - A flex building of 414 sq feet with a bathroom, offering versatile space for various uses - A 248 square foot straw bale building, adding a touch of rustic charm to the property - A 185 square foot studio, providing a serene space for your endeavors - A 1399 square foot earth ship home with an attached 180 sq ft greenhouse, blending sustainability with unique architectural design By investing in Beloved Gardens you have the opportunity to capitalize and secure a property with built-in equity. With the potential for the two additional auxiliary buildings to be completed, adding significant value to the property, buyers can further enhance their equity position. This unique opportunity to purchase a property below market value and potentially increase its worth through development makes Beloved Gardens a compelling investment choice. Analysis: By purchasing this property at $1.8M, you are buying equity with the potential for up to a 10% under market value. With the completion of the two additional auxiliary buildings -one is a 3 bed 2 bath 2000 sq ft. modern home with engineered design completed and an additional 3,200 sq.ft + ready to go building - the property's value and amenities will be significantly enhanced to an estimated value of $2.6M, making it a lucrative investment opportunity. The serene setting on Oak Creek adds to the property's appeal, offering a one of a kind opportunity for a tranquil and picturesque backdrop for all creative endeavors and the nature-inspired living.

Leave a Reply

Your email address will not be published.