When the summer arrives, we all spend more time in the backyard. We host barbeques and entertain friends and family to enjoy the warm weather. Have you considered installing an outdoor kitchen in your backyard? Not only is it great for entertaining guests, but it also gives you an alternative to your basic indoor kitchen. Keep reading to learn more about outdoor kitchens and whether or not they’re worth the money!
Is an Outdoor Kitchen Worth the Money?
Is an Outdoor Kitchen a Good Investment for Your Home?
Installing an outdoor kitchen in your home can cost anywhere from $10,000 to $30,000. This depends on its size, amenities, and materials used in the design. Investing in an outdoor kitchen utilizes outdoor living spaces and allows you to cook and be connected at the same time.
While the cost of an outdoor kitchen can be steep, the money you spend on it will ultimately increase your property value.
Understanding ROI & ROE for Your Outdoor Kitchen
Investment principles revolve around the concept of return on investment (ROI). That means the amount of value you recover regarding what you spend. In this case, it refers to the value added to your property for the amount you spend on your outdoor kitchen.
Statistics show that adding an outdoor kitchen to your property can yield a return of anywhere between 60% and 200%, depending on the size, styling, and features. Most homeowners rely on this data when deciding to pull the trigger on improving outdoor spaces.
ROI is an important consideration for the project. However, homeowners should also consider ROE, or return on enjoyment provided by the new outdoor kitchen. If you spend a lot of time at home entertaining family and friends, then the ROE of the outdoor kitchen is an important consideration.
ROE defines your enjoyment of the outdoor kitchen and how it adds value to your homeowner experience and lifestyle. If you spend many weekends at home entertaining, the ROE of the outdoor kitchen will be higher than someone who rarely entertains and spends more time away from home.
Consider the following when assessing the ROE on an outdoor kitchen.
- Will fitting an outdoor kitchen to my property cause me to spend more time at home outdoors?
- Will it enhance the time I spend in my yard?
- Do I want an outdoor kitchen for myself and my family or entertaining guests?
- Will fitting an outdoor kitchen inspire my family to spend more quality time outdoors in the garden?
If your evaluation leads to the ROE being worth as much as the ROI of fitting the kitchen, it’s a no-brainer. Take the plunge and start planning the project.
Additional Considerations
While you might have to pay a significant sum for the installation, adding an outdoor kitchen to the yard will eventually provide a substantial ROI when it’s time to sell the property or refinance.
However, homeowners should consider that the build quality of the kitchen and amenities determines the value of the facility and its appeal.
Using high-quality materials like stainless steel and stone countertops is essential. Use only quality granite or concrete slab for a unique pizza oven. These amenities are waterproof and highly durable, requiring little maintenance over the years of ownership. Contact a trusted outdoor living landscaping company to help make your outdoor kitchen dreams a reality!
Get inspired: Outdoor Kitchen Design Ideas
Arbor Hills Landscaping Company Omaha | Best Landscaping Company in Omaha, NE
Arbor Hills Trees & Landscaping Services can provide you with everything from detailed maintenance programs to unique plant production, and other services in between. That means we build water features, walls, patios, irrigation, walkways, outdoor kitchens, lighting, and anything else you can help us dream up. Our professionally trained staff can build the landscape of your dreams and keep you from breaking any Home Landscaping Rules.
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