Whenever you’re planning a new project for your home, no doubt you’ll be thinking about whether or not that project will hold its value and if it makes financial sense. When it comes to water features, you may find yourself wondering, “does a pond add value to your home?” The short answer is yes!
Today, we’re diving into answering the question, “does a pond add value to property in the Capital Region?” more fully as we examine different ways it can add to your space. Read on, and find out why adding a backyard pond installation is a decision you won’t regret.
Does a Pond Add Value to Your Home?
One of the first questions homeowners ask when considering a water feature installation in Upstate NY is, “does a pond add value to a property?” Whether you’re considering a massive pond to create a zen garden area or you’re gathering small pond ideas for backyards with less space, the answer is yes. In fact, statistics show that adding water features to your landscaping could raise your home value by as much as 6 percent or more.
While property value is certainly a major factor to consider when thinking about adding pond installation in Upstate NY, there are more ways that ponds add value to property than just dollars and cents.
How Does a Pond Add Value to Property?
Answering the question, “does a pond add value to property?” is more complex than simply saying yes and then slapping a dollar amount on it. There are a variety of ways a pond adds value to property whether it’s residential or commercial. Some of the different factors to consider include how:
- Ponds add value to a property when selling
- Water features add value by expanding the enjoyment of your home
- Backyard ponds increase Airbnb rental values
- Pond features add value to a property environmentally
Ponds Add Value to Property When Selling
The most obvious answer to the question, “does a pond add value to property in the Capital Region?” is how it increases the dollars and cents value of a home when selling. Custom waterscapes make your property unique, helping it stand out for all the right reasons.
A beautiful pond installation in your yard creates a private oasis friends, family, neighbors, or potential homebuyers won’t see anywhere else. Whether you’re looking to sell your home now or just want to fall in love with your home all over again, a backyard pond installation won’t disappoint!
Water Features Expand How You Enjoy Your Home
Not only does a pond add value to property in the Capital Region in terms of sale price potential, but they also expand how you enjoy your home. Enjoyment may not add money to a list price, but there’s a lot to be said for loving your home. If the past few years have taught us anything, it’s the importance of loving where you live and creating the perfect space for you to enjoy.
Backyard Ponds Increase Airbnb Rental Values
Not every property is residential! Another answer to the question, “does a pond add value to property in the Capital Region?” is to consider its contribution for how to increase rental values for Airbnb properties and other short-term rentals. With over 7 million listings worldwide as of 2022, the Airbnb platform is saturated with rental properties. Finding ways to improve your Airbnb rental to cut through the noise and stand out from the crowd is more important than ever! A backyard pond gives your guests a unique experience and can drive up the average income potential from your property.
Pond Features Add Value to Your Home Environmentally
We’ve examined how a pond adds value to property in terms of resale value, personal enjoyment, and even rental potential, but what about how it impacts environmental value? Not only does a pond add value to your home monetarily, it can be wildlife-friendly, too! Whether you’re considering a water feature for birds or want to add koi fish to your pond, your water feature will be part of its own little micro-environment. Furthermore, backyard pond features may also help keep your backyard slightly cooler during the hot Capital Region summers by cooling the ambient air around it!
As you can see, not only does a pond add value to property in the Capital Region, but it does so in a variety of ways. Working with our water feature installation professionals in Upstate NY, our team can help create a unique backyard pond that will have you falling in love with your home all over again. Ready for your water features addition? Check out the NVS Waterscapes Project Planner to budget and plan your pond installation. Save your plans or submit them to us and we’ll be in touch to get started!
