As with any home improvement project, be it large or small, savvy Charlotte homeowners readily ask us if the addition of outdoor lighting will add value to their home. The return on investment (ROI) topic is important. Naturally folks want to know that the investment they put into their improvements are worth it. In this article, Outdoor Lighting Perspectives of Charlotte will cover the valuable benefits of adding outdoor lighting to your home. From monetary to lifestyle, lighting will prove to be a wise investment in the short and long term.
Can I Expect A ROI On Outdoor Lighting Should I Ever Choose To Sell?
First things first. Getting down to the nitty gritty of the monetary return from the addition of lighting in the event you choose to sell your home, focuses on curb appeal. Curb appeal lighting highlights and accentuates the beauty of your home and landscape. This includes your home’s distinct architectural features, your home’s façade and it also enhances the depth, dimension and textures of your property.
According to the National Association of Realtors' (NAR) Remodeling Impact Report, adding landscape lighting can recoup up to 59% of the project cost when you sell your home (National Association of Realtors, 2023). Aside from the ROI data, the report goes on to point out that on their “Joy Scale For Outdoor Remodeling Projects” landscape lighting scores a big 10 on a scale of 1-10 for return on enjoyment and improved livability.
What Types Of Outdoor Lighting Will Add The Most Value To My Charlotte Home?
Along with answering the question of whether outdoor lighting will add value to your home, there are distinct types of illumination that will give you the biggest bang for your buck. According to most experts, landscape lighting is the genre of lighting that gives you the most value. And more specifically LED landscape lighting.
LED landscape lighting uses greener technology by lowered power usage and decreased greenhouse gas emissions. It is safe and durable, operating in both cold and hot conditions. LED is inexpensive to operate and the average bulb can life is up to 50,000 hours, in terms of longevity. Here at Outdoor Lighting Perspectives of Charlotte, we utilize state-of-the-art LED technology in all of our landscape lighting installations.
Other Types Of Outdoor Lighting That Will Add Value
Path Lighting: The addition of lighting paths, sidewalks and other frequently traveled areas of your property will add substantial value. These improvements heighten safety and aesthetics to the outdoor spaces around your home.
Accent Lighting/Focal Point Lighting: Illuminating specific features of your property such as a legacy oak tree, an outdoor fountain or outdoor statuary add a refined air of elegance to your property at night.
Entry & Exit Lighting: Having the entry and exit areas of your home well-lit adds immense value from a safety standard. Areas such as steps, landings, and stairways are easy to see and navigate safely for you, your family and guests.
Always keep in mind, that when discussing the “value” additives of lighting, we are referring to professionally designed and installed projects. The company you choose to carry out your plan is just as important as the components used in the design. Always look to a licensed, insured and experienced outdoor lighting contractor when considering this type of improvement project.
These factors, combined with our own experience servicing Charlotte area homeowners for over three decades is a testament that outdoor lighting will indeed add value. From improving your lifestyle, enhancing safety and security, and modernizing your property, lighting is well worth it.
Are You Ready To Increase The Value Of Your Charlotte Home?
If you are ready to take the leap into professional outdoor lighting, contact us today. We would love to hear from you!