How a Fire Pit Can Add Value to Your Home

Posted at 07.Mar, 09:03h In Fire Pits By - 0 Comments

Purchasing a fire pit for your home is a smart investment that will pay off in more ways than just one. It can turn an otherwise dull and generic patio into a functional and entertaining outdoor living area, allowing you and your family to enjoy this extension of your home. But you might be surprised to learn that fire pits can even add value to your home; here’s how.

The Growing Trend of Outdoor Living

Ask any professional real state agent and he or she will likely agree: there’s a growing trend surrounding outdoor living areas. With more and more people taking a proactive approach towards their health, families are spending less time indoors and more time outdoors. As a result, homes featuring developed outdoor living spaces complete with fire pits and other accessories tend to have a higher resale value.

Pools, fire pits, and patios are always popular upgrades and additions, especially in summer,” said Jessica Yonker of HGTVGardens.com. “Not only do these upgrades make your home pretty, but beautifying your outdoors can also increase the value of your home.”

So, just how much monetary value will an outdoor living area add to your home? It really depends on a variety of different factors, although you can expect it to increase your home’s value by 15-40% on average.

Why Fire Pits Add Value to Homes

You might be wondering how something as simple as a fire pit can add value to your home. Well, fire pits can be used for a variety of different things, such as cooking/grilling, creating warmth on a chilly winter night, warding away pesky mosquitoes and bugs, or just creating a relaxing ambiance. The sheer versatility offered by these accessories make them an attractive addition to any home.

Let’s face it, most homeowners neglect their patios and outdoor spaces, leaving them bland and without any real sense of style or decor. Placing a fire pit here, however, will enhance the area so it’s more appealing. The presence of a metallic stainless steel fire pit adds a modern-rustic element to outdoor areas that’s not found in other items or decorative accessories.

Of course, a fire pit is just one component of an attractive and functional outdoor living space. Feel free to experiment with other items to see what works and what doesn’t.

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