If you’re looking to make improvements to your home, one option you might consider is a hardscape project. From patios and walkways to driveways and retaining walls, hardscapes can add value and beauty to your home. But what kind of return on investment (ROI) can you expect from such a project? Let’s take a closer look.
Adding Value with Hardscaping Projects
In addition to being cost-effective, hardscaping projects can also add substantial value to your home. According to HomeAdvisor’s 2020 True Cost Report, hardscapes generally have an ROI of about 40%. In other words, if you spend $10,000 dollars on a hardscape project for your home, you could expect that project to increase your home’s value by approximately $4,000 dollars. For comparison purposes, that same report found that kitchen remodels have an ROI of just under 50% while bathroom remodels have an ROI of around 70%.
The Benefits Beyond Aesthetics
Finally, it’s important to remember that hardscaping projects offer benefits beyond aesthetics alone. For instance, installing proper drainage systems can help mitigate flooding in areas prone to heavy rains; likewise, the use of permeable pavers can reduce stormwater runoff and improve water infiltration into the soil beneath them—both things which are sure to please any potential buyers in the future! Additionally, hardscapes are low-maintenance projects; once they’ve been properly installed they require very little upkeep over time—saving you both time and money!