2023 Remodeling Impact Outdoor Features | NAR | 03-17-2023

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Landscape Maintenance Cost Recovery: $4,800 Landscape Professionals’ cost estimate $5,000 REALTORS ® ’ estimated cost recovered 104 percent Percent of value recovered from the project Share of Landscape Professionals with Increased Project Demand in Last Year: 58% Share of REALTORS® Recommend Before Selling Pandemic Influence: 86% of consumers would have undertaken the project, regardless of the pandemic 17% of REALTORS ® reported increased demand for this project during the pandemic 74% 2023 Remodeling Impact Report: Outdoor Features 12
Outdoor Kitchen Consumers’ Viewpoint After Completing the Project: Most important result: Project Description: • Install one inset grill, stainless steel drawers, ice chest, sink, 60 square feet of concrete countertop, made from veneered masonry stone.* Top two reasons for doing the project: 28% Durable and long-lasting results, and materials 56% 13% • To add features and improve livability • Just moved into home and wanted to customize to personal taste 99% 71% 81% Have a greater desire to be home since completing the project Have an increased sense of enjoyment when they are at home Feel a major sense of accomplishment when they think of the project Joy Score: 9.0 *The costs estimates are aggregated from markets nationwide. Every project is unique. Prices will vary depending on geographic region, property, and scope of work. 2023 Remodeling Impact Report: Outdoor Features 13
Page 1 and 2: 2023 Remodeling Impact Report: Outd
Page 3 and 4: Table of Contents Introduction 4 Ou
Page 5 and 6: Introduction When consumers remodel
Page 7 and 8: Cost Recovery On Outdoor Remodeling
Page 9 and 10: Standard Lawn Care Service Consumer
Page 11: Landscape Maintenance Consumers’
Page 15 and 16: Overall Landscape Upgrade Consumers
Page 17 and 18: New Patio Consumers’ Viewpoint Af
Page 19 and 20: New Wood Deck Consumers’ Viewpoin
Page 21 and 22: Tree Care Consumers’ Viewpoint Af
Page 23 and 24: Irrigation System Installation Cons
Page 25 and 26: Landscape Lighting Consumers’ Vie
Page 27 and 28: In-Ground Pool Addition Consumers
Page 29 and 30: Fire Feature Consumers’ Viewpoint
Page 31 and 32: Methodology Survey of Consumers Who
Page 33 and 34: The National Association of REALTOR

2023 Remodeling Impact Outdoor Features | NAR | 03-17-2023

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