Budgeting for a Patio
And Return on Investment Factors
Patio General Cost Ranges
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$3,000 - $10,000
A small to medium size patio with basic materials without any add-on features. This option provides a budget-friendly solution to enhance your yard with an entertainment area.
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$10,000 - $25,000
This price range provides many options for the homeowner. The material choices can be basic to high-end, scale can be flexible, and added features can be added to embrace topography and aesthetics.
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$25,000 - $50,000
When your goals are to incorporate seat walls, gas fire pit, automated lighting to be built with your medium size patio, homeowners can expect to pay $25,000 - $50,000 with medium-grade materials with a small to medium size patio.
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$50,000 +
Patios that are large with multiple add-on features, homeowners can expect costs to start at $50,000. When pools, pergolas, water features, outdoor kitchens, fire features, and other outdoor living spatial elements are included, it is not uncommon for projects to reach $1,000,000 in total cost.
Patio Return on Investment Considerations
As a general rule-of-thumb, you as a homeowner can expect the following potential ROI:
Selling property within 1 year: 50% to 70% ROI is generally expected for many site improvements. For homeowners that are looking to make improvements for purposes of selling, it is best to prioritize basic garden enhancements and limit hardscapes and other built features.
Holding property for 5-7 years: 100% to 150% ROI with proper care and maintenance.
Long term hold: Investment goals for long term holds are more directed for the homeowners experience and enjoyment.
For longer property holds, it will be important to maintain a proper care and management plan that goes beyond our warranty.
Other Factors That Will Impact Cost
Material choices
Least Expensive
Crushed aggregate
Medium Expense
Basic concrete
Low grade pavers
Medium grade pavers
Most Expensive
High-end pavers
Stamped concrete
Pavers laid in concrete
Grading
Least Expensive
No grading
Minor grading
Medium Expense
Small elevation change
Most Expensive
Retaining wall required
Water diversion
Scale
No to Minimal Added Cost
Basic patio with no additional features
Minor Additions
Planting
Landscape lighting
Several Other Scope Items that will increase cost
Retaining walls
Built Features
Notes: Although added features will increase cost, there is less mobilization required if other project elements are included in the project. This will adjust project costs factors if done together.