Will Custom Outdoor Lighting Really Increase My Home’s Value 20 percent? Possible!
Will adding a customer outdoor lighting system really increase my home’s resale value? Yes. But please don’t add lighting just for resale, unless your realtor suggests it. A home’s value is tricky to nail down. There are so many variables: location, lot size, and condition, age of components (like A/C units, roof, water heater, etc.), choice of material, style, etc. There are some general rules and guidelines, but a lot of a home’s value is subject to the whims of the home-buyers.
The major benefit of outdoor lighting when you sell your home is the curb appeal and the speed with which you will sell your house. If you live in a neighborhood where landscape lighting is the norm but you do not have it, prospective buyers might think you have “cheaped out,” and will be wondering where else you have cut corners. Their perception may be that you have been lax or cheap in taking care of your home, and they will probably be willing to pay more for a similar house down the street.
However, the main reason for installing an outdoor lighting system is not the financial reward.
An outdoor lighting system allows you to walk around your property at night safely. It is a deterrent against unwanted intruders, for the same reason as it is welcoming to your guests: visibility. Outdoor lighting makes your home gorgeous at night. It highlights features to bring out the beauty that was always there. It shows off the beauty of your patio, deck, gazebo, pergola or pool during the dark hours. It extends the useability of your outdoor living areas into the night. The major benefit of an outdoor lighting system is not financial—it is experiential.
A number of studies have shown that most home and property owners, in recent times, prefer a home with a well-designed, custom-built landscape lighting system. Thereby, making your home witness about a 20% increase in value. And as we all know, we are all ever ready to pay more for things that look good and also offer more benefits than otherwise.
We would all prefer a home that will guarantee our safety, improve our security, help us relax regardless of the hour, and has a breathtaking view and perfect ambiance at the night. As a result, you can now have a place for family fun, gathering friends, building relationships, and more right within your existing walls after dark. How awesome is that?! And who wouldn’t pay more just to have that? Having a custom-built landscape lighting system may, however, seem a daunting task but with the right moves, it can be a smart investment!
