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AUGUST 2020 HOME 5 5 outdoor projects that add value Exterior renovations can enhance the appearance of a property and make it more enjoyable for homeowners. Certain renova- tions have the potential to add value to a home, while others may do the opposite. Learning which one have the largest return on investment can help homeowners select features that will have the most positive impact. Curb appeal goes a long way toward attracting potential buyers. According to the National Association of Realtors, first impressions of a property have a strong influence on buyers. Landscaping and exter- nal features can do much to influence such impressions. ■ Lawn care program Investing in a lawn care program that con- sists of fertilizer and weed control applica- tion and can be transferred over to a subse- quent home owner is an attractive feature. NAR says such a care program can recover $1,000 in value of the $330 average cost, or a 303 percent ROI. ■ Low-maintenance lifestyle When choosing materials for projects, those that offer low-maintenance benefits can be preferential. These include low-main- tenance patio materials, composite decking, vinyl fencing, and inorganic mulched beds. ■ Fire pit A fire pit can be used for much of the year. In the spring and summer, the fire pit is a great place to congregate to roast marsh- mallows or sip wine and gaze into the fire. In the fall, the fire pit can make for a cozy retreat. A fire pit that has a gas burner is low-maintenance, and the National Associa- tion of Landscape Professionals says that most can recoup about $4,000 of their $6,000 average price tag. ■ Softscaping Hardscaping refers to structures like out- door kitchens or decks. Softscaping involves the living elements of the landscape. Hiring a landscape designer to install trees, shrubs, natural edging, and rock elements can do wonders toward improving the look and value of a home. ■ Pool or water feature In certain markets, particularly hot cli- mates, a pool or another water feature is a must-have. However, in other areas where outdoor time is limited, a pool or water fea- ture can actually lower the value of a home. Speaking with a real estate professional can give homeowners an idea of how a pool will fare in a given neighborhood. A fire pit can be used for many months of the year, including well into fall. In addition to enlivening the outdoor living space, it does well in recouping a good chunk of its investment when it comes time to selling a home.