One of the first questions anyone interested in getting an outdoor kitchen will have is simple: is an outdoor kitchen worth it?
You are watching: An Outdoor Kitchen Is Worth It, and Here’s Why
Outdoor kitchens are very popular right now and not just due to the pandemic. Increased interest in outdoor living spaces predates our recently turbulent times.
Once viewed as a lavish feature that was typically found in luxury homes, outdoor kitchens now have much more mainstream appeal. More homes are being renovated to add outdoor cooking and living spaces. Architects and interior designers are making them a higher priority for their new building projects as well.
Get all the facts about why an outdoor kitchen is worth investing in.
Outdoor kitchen additions are one of the most popular home renovations right now for many reasons. Here’s a brief overview of the reasons why an outdoor kitchen is worth it:
Let’s dig a little deeper into why outdoor kitchens are so popular right now, how they improve a living space, why they appeal to homebuyers, and how much you can expect to pay for one.
Consumer interest in outdoor living improvements exploded during the pandemic as homeowners looked for ways to optimize their living spaces.
HomeStars’ 2021 Reno Report found that 94% of the Canadian homeowners they surveyed had completed at least one indoor renovation during the pandemic. 66% of the respondents invested in outdoor home renovations. Resort-style backyards with deluxe outdoor kitchens were the most desired “fantasy feature” for Canadian homeowners in both the 2021 and 2022 Reno Reports.
These additional statistics show the popularity of outdoor living spaces and how much the pandemic influenced home renovation trends:
Backyard upgrade projects may be trendy right now, but they’re a trend with staying power.
It took a pandemic for a lot of homeowners to notice the amazing design potential sitting right in their own backyards.
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The fundamental shift in how we view and utilize our homes has left very clear writing on the wall: there will always be value and practicality in expanding the functionality and comfort level of our homes. And creating multifunctional outdoor living spaces that are bigger and better is the perfect way to make that happen.
Low-interest rates were another factor that contributed to the home reno boom of the past few years. Rising interest rates and higher material costs have slowed things down a little, but the home renovation market is expected to remain strong for the foreseeable future.
Another reason an outdoor kitchen is worth investing in is the simple fact that outdoor kitchens double a home’s cooking space.
Traditional kitchens are considered the heart of most homes and one of their hardest working rooms. Supplementing this vital part of the house with even more room to cook is extremely practical and makes a home a more useful and complete living space.
From a strictly cooking point of view, outdoor kitchens allow you to:
A basic outdoor kitchen can consist of a built-in grill, a small counter area, and a few cabinets for storage. On the higher end, an outdoor kitchen can be designed for maximum functionality by including:
Add a dining area, stylish outdoor furniture, a bar, and an outdoor living room with a fire pit and a home’s footprint expands even wider. Covering an outdoor kitchen and living area with a pergola, gazebo, awning, or roof extension maximizes the amount of time you can use the backyard.
It stands to reason that a house that’s been designed to be a more complete living space makes a house more marketable when it’s being sold.
You might think homeowners would put a higher priority on the short-term and medium-term impact a renovation has on the quality of their family’s daily life, rather than how it can financially benefit them years from now.
In fact, most homeowners take the future into account when they’re planning a remodel. RE/MAX’s 2021 Renovation Investment Report found that 59% of Canadians consider how a renovation’s return on investment will impact the market value of their home.
Return on investment (ROI) measures how effectively a renovation adds to a home’s value, relative to the renovation’s cost. For example, a kitchen remodel that costs $10,000 and adds an estimated $8,000 of value to a home when it’s sold would have an 80% ROI.
Finding reliable outdoor kitchen ROI figures online can be confusing because the estimates vary quite widely. At the lowest end, you’ll find estimates of 55-60%, which is considered a modest ROI. A lot of real estate professionals attach a 70-100% ROI for an outdoor kitchen addition. You’ll even find some estimates that go as high as a 175% ROI.
The truth is somewhere in between these wide-ranging estimates, which means outdoor kitchens undoubtedly boost your home’s resale value and make it more attractive to potential buyers.
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Determining a renovation’s ROI is clearly an inexact science, but the estimates of contractors and real estate pros do provide some useful guidance about which projects deliver a better bang for your buck.
Remember that the value an outdoor kitchen retains will be impacted by the quality of its materials, how well the space is maintained, whether or not the kitchen is covered, and other factors.
Most backyards don’t have a professionally designed and installed outdoor kitchen. The homes that do have nicer outdoor living spaces immediately stand out to potential buyers.
In addition to improving a home’s overall livability, a backyard with a stylish, high-end look shows you care about your property and impresses guests, neighbours, and future homebuyers.
Certain renovations like adding a home theatre or pool cater to a very specific homebuyer. Most Canadian homeowners enjoy grilling outdoors, which broadens the appeal of an outdoor kitchen.
Real estate marketplace Zillow analyzed the sales of 4.6 million U.S. homes a few years ago and found that houses with upgraded outdoor features sold for 24.5% more than listings without exterior home upgrades.
Hopefully, we’ve made a good case for why an outdoor kitchen is worth it, which brings us to one of the final questions you probably have: how much do outdoor kitchens cost?
Small outdoor kitchens with a basic level of functionality can start at around $5,000. Large, fully-loaded outdoor kitchens with high-end appliances and premium materials can cost $30,000 and higher.
Many factors will determine the cost of an outdoor kitchen, including:
Whatever your budget is for an outdoor kitchen building project, prioritize buying high-quality, durable products with weather-resistant materials that will last and work reliably for many years. Shown below are the most popular outdoor kitchen features.
If you’re still on the fence about whether or not an outdoor kitchen addition is worth it, try viewing it as an investment, not an expense. You’re investing in creating years of great memories with your family and friends and improving your quality of life.
An outdoor kitchen will become an essential part of your home that elevates your outdoor living experience and prove to be a valuable asset whenever you sell your house.
Are you ready to unlock the full potential of your backyard? If so, schedule a free design consultation with Outeriors to get started on your dream kitchen design.
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Source: https://gardencourte.com
Categories: Outdoor
This post was last modified on 01/11/2023 18:51
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