SOURCE: Southeast Michigan Home Builders Association

Southeast Michigan Home Builders Association

March 23, 2016 12:05 ET

Exterior Features a Good Investment at the Novi Home & Garden Show 2016

NOVI, MI--(Marketwired - March 23, 2016) - If you are considering upgrading your home, a visit to the 2016 Novi Home & Garden Show April 1-3 at Suburban Collection Showplace in Novi is a great return on investment (ROI). Hundreds of exhibitors focusing on landscaping, exterior features and home improvements will be there.

According to the real estate news website Inman.com, landscaping and outside additions can add up to 28 percent to a home's value and significantly reduces the time a home spends on the market.

Consider hiring a professional landscaping company to help overhaul your streetscape and curb appeal. Experts suggest spending 10 percent of your home's value on landscaping. A weed-free, lush yard, a flat of flowers and a fresh layer of mulch will highlight your home.

For an investment towards you and your family's long-term enjoyment, consider adding a deck or patio. In 2015, the average price of a composite deck addition was nearly $16,000 with an $11,000 ROI; while a wooden deck addition cost an average of $10,000 with an ROI of $8,000.

New outdoor furniture is a top purchase, with more than 55 percent of homeowners in a Houzz study acknowledging it is a major priority. Such an investment may not bring immediate financial gratification, but it will enhance your family's enjoyment and satisfaction of an outdoor space.

Creating an outside kitchen remains a popular trend. Consider your space and entertaining potential -- a grill and portable cooler is one thing while an outdoor gourmet kitchen complete with granite counters, refrigerator, wine cooler, sink and patio heaters is quite another. According to Inman.com, an outdoor kitchen can bring an ROI of 100-200 percent.

The Novi Home & Garden Show will be held April 1-3 at Suburban Collection Showplace, 46100 Grand River Avenue in Novi, Friday 2-9 p.m., Saturday 10 a.m.-9 p.m. and Sunday 10 a.m.-5 p.m. Adult admission (ages 13 and over) is $10; seniors (ages 55 and over) are $9; and children ages 12 and under admitted free! Parking not included in ticket price. 

For more information, advance tickets and coupons visit www.novihomeshow.com. Coupon for $1 off admission available at Metro Detroit Dunkin Donuts locations, Great Lakes Ace Hardware locations, Indoor Outdoor Resource magazine and Detroit Newspapers Homestyle.

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