Are you thinking about installing a new patio for your home this summer? If so, you're in luck. The 2020s will be the perfect decade for upgrading your outdoor space. In fact, according to the National Gardening Association, spending time outside is now more popular than watching TV or surfing the internet. With that in mind, we're going to look at how much an outdoor space upgrade will cost in 2022. This article discusses the pros and cons of adding a patio to your home and details what factors you should consider when making this decision. It also covers some of the costs, risks, and considerations of adding a patio as part of a home or remodel project.
Benefits of Adding a Patio
If you've got a backyard that you're not taking full advantage of, a patio addition might be just what you need. Adding a patio is one of the easiest ways to create extra room in your backyard without a significant remodel. You can also use it to add outdoor living space to a smaller yard or even take an unused corner of your property and turn it into a beautiful outdoor area. Patio additions can add value to your home since an outdoor space can show off your design and décor skills. You can also add functional features like outdoor lighting for entertaining or an outdoor fireplace for relaxing with family and friends.
Regarding functionality, patios are one of the most flexible outdoor living areas you can add to your home. Decks can be designed in any shape or size with various materials. From modern and minimalist to rustic and traditional, many design options match your aesthetic.
Patio Installation Costs
It's impossible to predict with 100% accuracy how much the patio installation cost will be in 2022. That being said, we can look at how the prices of home improvement projects have changed to help us predict how they will change in the future. This article from Curbed.com is an excellent resource if you're interested in learning more about how costs have changed over the years. According to the US Department of Labor estimates: Labor costs for installing a patio in 2022 are expected to be around $5,000, which is down from 2021—curbed reports that material costs have gone up, on average, by about 9% over the last decade. Assuming this trend continues, we expect material costs to be around $6,000–$7,000 in 2022. If we use a mid-range estimate of $6,500 and factor in an average overhead of about $1,000 for general contractor fees, overhead costs, and profit, we can estimate total costs at $7,500 to $8,500–$500 to $1,000 more than what it would cost in 2021.
What to Know Before You Add a Patio
Make sure you're ready and able to take on a backyard project. Adding a patio is a significant undertaking requiring permits and utility modifications. Preparing yourself for the project is essential to ensuring you have enough time, skill, and energy to complete it successfully. - Know what your city requires. Before you even think about shopping for patio ideas or materials, you'll need to make sure your city allows you to add a patio as part of your property. In many cities, homeowners are only allowed to add a patio if they're increasing the size of their property. - Make sure your soil and landscaping can support a patio. Patios are heavy and can put much pressure on the built soil. Before starting the project, you'll want to ensure the soil beneath your yard can support the weight of the patio.
When to Adding a Patio
There are a few signs that it might be time to add a patio to your backyard: - Your home needs a backyard upgrade. A patio addition might be the perfect solution if you feel like your backyard is too small or drab. - You're ready to maximize your outside living space. If you've got the right amount of space for your needs, adding a patio won't help. But if you've too much space or not enough, you may be ready for an addition. - You love entertaining and want an outdoor space worthy of hosting guests. Adding an outdoor living area with seating and built-in storage can turn your backyard into a year-round entertaining space.
Adding a patio is a great way to make the most of your backyard and give yourself more room to relax and entertain. Whether adding a brand-new deck or expanding an existing one, this project is a worthwhile addition to any home. Just prepare for the project and know your city's requirements before you begin.