[QUEENSLAND - January 2024] Homeowners are thinking about outdoor upgrades for the New Year. The Outdoor Living Trends Index survey showed homeowners' preferences, including their 2024 renovation goals and top outdoor living upgrades for this year.
Popular Outdoor Space Features
The survey revealed that homeowners prioritize adding a fire pit, an outdoor kitchen, and a pergola. Additionally, 20 percent of homeowners surveyed aimed to replace concrete with pavers. These findings align with the survey's daily feedback, as the fire pit has increasingly become a symbol of family gatherings and outdoor bonding.
Spaces for Renovation
Homeowners were asked to prioritize spaces for renovation in 2024. Options included the kitchen, outdoor living space, living room, and bathroom. Findings showed that outdoor living space was the top priority, with 34 percent ranking it first, followed by the kitchen and the bathroom. This trend indicates the shift towards outdoor living as a central aspect of modern homes.
Adding Value to a Home
Improving outdoor living spaces enhances the overall appeal and functionality of a house and adds significant value. According to the National Association of Realtors, landscaping improvements can increase a home's value by 10 to 12 percent. Investing in outdoor living upgrades can potentially provide a high return on investment.
Outdoor Living Spaces
Analysing year-over-year sales and leads shows homeowners increasingly prioritize their outdoor living spaces. The growing momentum is truly exciting and supported by the survey results. The Outdoor Living Trends Index will be published quarterly throughout the year to keep pace with evolving expectations, attitudes, and behaviours regarding outdoor living. The survey aims to provide industry peers with data and insights to inform their forecasting and customer offerings for 2024.
Demographics of Respondents
The Outdoor Living Index company surveys American homeowners over 25 years old with an annual income exceeding $100,000. Respondents receive the questions via text message or the 1Q mobile app.
About Just Patios
Just Patios, a privately owned company since 2002, is dedicated to delivering high-quality, custom-designed patio, carport, and room enclosure structures. With a focus on customer satisfaction and workmanship, their experienced team ensures top-notch results backed by warranty.
Visit https://www.justpatios.com.au/ for more information.