Fa-la-la-la Finances: A Holiday Guide to Outdoor Living Budgeting
Planning for an outdoor living space during the holiday season is an exciting way that can bring your family and friends together in a beautiful and functional space. Unfortunately, that comes with the daunting task of budgeting for your covered patio, pergola, fireplace, or new outdoor kitchen! With some careful planning and research, you can create a budget that works for your space and your needs. First and foremost, determine how much you are willing and able to spend on your outdoor living space. This will be the starting point for all of your decisions and will help you prioritize what you want to include in your space. Once you have a budget in mind, start thinking about the different components of your outdoor living space.
Some common elements include patio covers or pergolas, outdoor kitchens, fire features, and pools. Each of these can add value and enjoyment to your space, but they also come with varying price points. For example, a patio cover or louvered pergola can range from $25,000 to over $100,000 depending on the size and finishes you choose. An outdoor kitchen can range from $10,000 to over $25,000 depending on the size, materials, and appliances you select. Fire features, such as fire pits and fireplaces, can range from $5,000 to over $25,000 depending on the type and options you choose. And finally, a pool can range from $80,000 to over $150,000 depending on the size and features you want to include. When budgeting for your outdoor living space, it's important to take these costs into consideration and prioritize the elements that are most important to you. For example, if you absolutely must have a pool, you may need to sacrifice some of the other elements in your budget. Or, if you want to include multiple fire features, you may need to adjust the size or materials used in your outdoor kitchen.
In addition to these major components, there are also a number of other items to consider when creating your budget. These can include outdoor heating, motorized screens, lighting, furnishings, and landscaping. These items may not be as expensive as the major components, but they can still add up and should be accounted for in your budget. With some careful planning and consideration, you can create a space that is beautiful, functional, and fits within your budget, making your holiday season even more special and memorable. So, let's get started and bring your outdoor living space to life this holiday season!
Stay tuned for more detailed budget blogs in the coming weeks, where we will provide specific tips on how to budget for your covered patio, outdoor kitchen, louvered pergola, outdoor fireplace, and more! With our expert advice, you'll be able to create the outdoor living space of your dreams while staying within your budget