How much equity does a patio add?

That said, it's estimated that well-designed patios not only add 8 to 10% of home value, but also generate an ROI of more than 80%. This can provide an ROI of nearly 500%. According to a survey conducted by the National Association of Realtors, a patio is listed as one of the 10 top features homebuyers are looking for. That means people will pay a premium for a house with a well-built and well-maintained yard.

After all, a well-constructed patio can transform your patio from a dull, bland space into a beautiful paradise. Generally speaking, a terrace will add more value to your home than a patio. Roofs average between 65 and 85% ROI (return on investment), while patios average between. However, there are a lot of different factors that determine the value of the deck and patio, including materials, size, maintenance, style and features.

In addition, the final value of any home improvement project will be determined in part by the real estate market and the area in which you live.