Pergolas are becoming increasingly popular among homeowners who want to add shade and style to their property. Traditionally, a pergola is an outdoor structure that features vertical posts and crossbeams that provide partial shade for an outdoor seating area or walkway. Having this extra shade helps create a beautiful, functional and comfortable outdoor space where you can relax and unwind with friends and family.
In recent years, pergola designs have expanded to include motorized, retractable features so that you can truly get on-demand shade.
But does adding a pergola to your home increase the value of your property? The answer is, yes! If you are considering eventually selling your home, adding an awning or a pergola can increase the value or your home and help you enjoy the outdoors more now. We break down some of the ways a pergola adds value below.
How Much Value Does a Pergola Add to Your House?
The exact value a pergola adds to a home can vary, but typically we see a 40-60% return on investment. In Zonda Media’s 2023 annual Cost vs. Value (CVV) report, they show that a deck addition has a return of 39%-60% in 2023. The large range is the difference between a wood and composite deck. Of course a deck is broader than a pergola, but adding shade to a deck or patio is better protecting that investment.
How Does a Pergola Add Value to a Home?
Curb Appeal
Adding a pergola gives your home added curb appeal and improved curb appeal means higher resale value. Investing in a high-quality pergola that fits seamlessly with the design of your home can give your home a touch of elegance and style that can go a long way in increasing its overall value.
Increased Functionality
When you add a pergola, you create a new living space outdoors. You can use this space to entertain family and friends or just relax and enjoy the outdoors (with added shade). Having added space means adding value to your home. Think of it almost as though you are adding an extension to your home.
Better Quality of Life
Adding a pergola to your home gives you the opportunity to improve your overall quality of life. While it’s nice to be outside, it’s even better when you have a peaceful, shady spot where you can be protected from UV rays. Prospective buyers may envision themselves enjoying the serene outdoor space when touring your property.
Energy Efficiency
A pergola can even help you save on energy costs. By strategically placing a pergola on your property, you can shade your home’s windows during the hottest part of the day. This can help to block the sun and keep your home cooler, reducing the need to use your air conditioning unit as frequently. Creating a more energy-efficient home is yet another selling point that will look great to potential buyers.
Get Started With a Pergola Consultation
Pergolas are an excellent investment for homeowners who want to increase the value of their homes. Whether you plan to sell your house in the future or simply enjoy it for years to come, a pergola is an investment that will pay off in multiple ways. Not only does it add to the beauty, functionality and quality of your life, but it can also increase the value of your property in the long run.
Ready to transform your outdoor space? Contact us today for your free consultation.