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One of the most exciting and enjoyable additions you can make to your outdoor living space is an outdoor kitchen. It transforms into a place to cook meals and host barbecues and other outdoor gatherings.
During the pandemic, there was a massive uptick in inquiries from people interested in outdoor living improvement projects. In 2021, according to a survey from Fixr.com, households across the United States will be looking for ways to maximize their limited outdoor space.
Whether installing an outdoor kitchen increases the value of your home is a common question for those thinking about doing so, whether they are purchasing a new home or renovating an existing one. It's a reasonable concern – some renovations increase a home's worth, while others do not.
The purpose of this article is to assist you in determining whether or not installing an outdoor kitchen will increase the resale value of your home.
Benefits Of An Outdoor Kitchen
With the growing interest in al fresco dining and entertaining, weighing the economic and social benefits of installing an outdoor kitchen in your outdoor living space is essential.
We've compiled a few reasons why installing an outdoor kitchen at your house is a good idea, besides the financial value to a home.
How Much Value Does An Outdoor Kitchen Increase?
Cabinets, a bar, a sink, standard kitchen appliances, and even a flat-screen TV are common additions to outdoor kitchens, and it's nice to have a permanent grill in the center of it. It depends on how much you want to spend.
In the pre-pandemic era, an outdoor kitchen could add over $6,000 to the value of a home, but in the current market, that number has risen to $9,800.
While it's true that calculating a renovation's return on investment is far from an exact science, estimations from contractors and real estate professionals can be a helpful guide when deciding if the effort is worth it.
Keep in mind that the outdoor kitchen's value depends on various things, including the quality of the materials used, the regularity with which the area is maintained, and whether or not the entire kitchen is covered.
When Do Outdoor Kitchens Can Have A Positive Return On Investment?
An outdoor kitchen's return on investment (ROI) is often favorable when several conditions are met. Some of these factors are as follows:
What Should An Outdoor Kitchen Include?
No discussion of the price of an outdoor kitchen would be complete without a breakdown of the various options that affect the overall cost. The price of your outdoor kitchen will rise proportionately to the "bells and whistles" you include.
However, it has the potential to enhance your time spent in the kitchen. Paying a bit more for your kitchen could be justified by that alone.
Your outdoor kitchen must have a primary cooking item, such as a grill, outdoor griddle, pizza oven, or a combination of these.
From them, entry doors and drawers for storage would be the most often used parts. You may have a fully-functional outdoor kitchen with just a focal cooker and some cabinets.
The features listed below can help enhance the kitchen’s functionality.
These are but a few examples. But as long as your new layout is user-friendly and efficient, you should get your money's worth.
Conclusion
Regardless of where you live, your income level, your preferred cuisine, or the reason for your gatherings, you should invest in an outdoor kitchen and move the festivities there.
People have been actively seeking opportunities to spend time outside since the advent of the post-COVID era. We don't anticipate the popularity of outdoor kitchens to decrease anytime soon.
Adding an outdoor kitchen to your property will improve your quality of life and enhance the resale value.
Check Out The Latest Outdoor Kitchen Appliances To Snazz Up Your New Kitchen
One of the most significant factors that help maximize the value of your home is the quality of appliances you add to your outdoor kitchen. So, if you have been planning to remodel your house to increase your 'property's value, this is your call.
At Stone & Heat, we offer quality outdoor kitchen appliances, such as wood stoves, patio heaters, pizza ovens, etc. We even sell outdoor prefab kitchens.
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