Does a Concrete Patio Increase Home Value?
Buyers love the idea of a concrete patio almost as much as you do
Home Value Rating: 4/5
A new concrete patio adds significant value—with the help of pros, it can truly stand out.
With the average cost of a concrete patio sitting at $3,450, installing one will add between $1,725 and $3,100 to your home’s value.
Installing a concrete patio delivers a return on investment (ROI) of between 50% and 90%, depending on the quality and complexity of the installation, as well as the size and a few other factors. Most homeowners will see a 70% ROI when installing a new concrete patio, or closer to 80%, on average, in a moderate climate where people can enjoy outdoor spaces for more of the year.
Factors That Influence Concrete Patio Value
There are a few key factors to consider that can affect how much value-add you see from installing a concrete patio. The quality of the patio is the most crucial factor, but your location, patio size, and more can have an impact.
Patio Design and Finish
A well-designed concrete patio can easily fetch an ROI of 90% and, in some rare cases, up to 100%. Design complexity and finish are both important factors to consider here. A simple, rectangular patio with an exposed aggregate finish that serves as a place for outdoor entertaining will more often provide an ROI closer to the 50% mark. A multi-level concrete patio with a stamped concrete finish and a paver border can push you closer to a 100% ROI and almost certainly provide you with a 90% return or higher.
Patio design varies widely, but expect a higher return if you hire a landscape designer to create an outdoor area that matches the rest of your landscaping and creates a cohesive appearance on your property. As far as finishes go, stamped concrete and stained concrete will provide the highest returns, stenciled, exposed aggregate, and painted finishes will see the lowest returns, and polished, broom-finished, and trowel-finished concrete fall somewhere in the middle.
| Concrete Finish | Expected ROI |
|---|---|
| Stenciled | 50%–60% |
| Exposed aggregate | 50%–60% |
| Painted | 50%–60% |
| Polished | 60%–80% |
| Broom finish | 60%–70% |
| Trowel finish | 60%–70% |
| Stained | 80%–90%+ |
| Stamped | 80%–90%+ |
Location
Where you live will affect how much of the year a potential buyer will be able to enjoy the patio space, so your location will have a significant effect on your ROI. A concrete patio in a hot climate is more likely to provide an ROI of 80% to 90%, especially if it’s a high-end design and finish. Expect the ROI to sit a bit lower in a moderate climate and even lower in a particularly cold climate with just a brief time period each year during which the patio is useable.
| Climate | Expected ROI |
|---|---|
| Excessive cold/rain | 50%–60% |
| Moderate | 70% |
| Hot and sunny | 80%–90%+ |
Patio Size
The size of your concrete patio will directly affect the installation cost, but it can also have a small effect on the ROI you see. Unless your patio is unusually small or large, you can expect an average ROI of 70%. An undersized concrete patio could provide just a 50% ROI, while larger patios will increase the value-add until a certain point, after which they take up too much of the yard to be valuable to most buyers.
How patio size affects ROI is highly subjective and is based on plot size and the norms in your area, but you can use the table below to get a general idea of your value added by patio size. These values assume you still have plenty of usable yard space after the patio installation.
| Patio Size (Sq. Ft.) | Expected ROI |
|---|---|
| 50 | 50% |
| 100 | 70% |
| 200 | 80% |
| 400+ | 90%+ |
DIY vs. Hiring a Pro
Pouring concrete is a DIY job, and since the ROI of a concrete patio is so high, many homeowners may want to tackle the project themselves to save on installation costs.
However, since you’re unlikely to get as professional of an appearance as an expert, and since some concrete patio finishes are too challenging for a DIYer to do comfortably, your ROI will be more limited if you install your patio yourself. Expect an ROI of around 50% if you’re able to do the work yourself and make the job look professional with a simple finish. This, of course, pales in comparison to the 90% to 100% ROI you could see if you hired a landscaping designer and a concrete patio company near you to secure the best results possible.
How to Estimate the Added Value of a Concrete Patio
With an expected ROI ranging from 50% to 90% and even higher in some cases, estimating what value return you can expect from your concrete patio can be challenging. If you’re considering selling your home in the near future, get an estimate to install a concrete patio from a local specialist and then speak with a real estate agent in your area to ask what kind of ROI you should expect. Expert opinions can still vary from the return you’ll actually see, but it’s the best way to get an accurate ROI for your project.
Cost to Install a Concrete Patio
The average cost to install a concrete patio is $3,450. You could pay anywhere from $4 to $30 per square foot, depending on the finish you want, which puts the average-sized patio at between $600 and $4,500.
Is a Concrete Patio Worth It?
Installing a concrete patio will almost always boost your home’s exterior appeal and usability, so installing one is usually worth it, whether you’re planning on remaining in your home for some time or selling in the near future.
If you plan to sell your home shortly after installing your patio, you can secure a 100% ROI or even higher by hiring a landscape designer and a professional patio installer to get the most value possible out of the project.
If you plan on staying in your home, consider how often you plan on entertaining in or using the space, and don’t forget to think about the climate in your area. If the project seems worthwhile to you, you’ll get the added benefit of adding to your home value, which can make it worthwhile over time, too. Concrete patio repair costs and maintenance costs are also lower than what you’d see from a wooden deck, so a concrete patio is a better option for long-term value if you don’t plan on selling soon.
How Angi Gets Its ROI Data
Home is the most important place on earth, which is why Angi has helped more than 150 million homeowners transform their houses into homes they adore. To help homeowners maximize the value of their investments, we gather ROI data from reputable sources, including industry reports, real estate studies, and interviews with market experts. We calculate the average resale value for projects by multiplying the ROI against the project’s average cost according to our cost data, which is sourced from thousands of real Angi customers.
Want to help us improve our data? Send us a recent project quote or home appraisal value to costquotes@angi.com. Quotes and personal information will not be shared publicly.
Frequently Asked Questions
Yes, installing a concrete patio is considered a capital improvement, which means your property taxes will increase. It also means you’ll need a permit for the work, as anything that’s considered a permanent foundation—which a concrete patio is—requires planning permission. Permits cost between $75 and $200 for a concrete patio, and the bump in property taxes can range widely based on your property size, the patio size, and more.
A paver patio will add more value than a concrete patio. Pavers are a more commonly preferred option from an aesthetic and longevity point of view, so most buyers will be willing to pay more for a paver patio than they would for a concrete one. Pavers also don’t require a permanent foundation, so they won’t increase your property taxes. Buyers also prefer lower property taxes, so that will play into the ROI you’ll see, too.
The average ROI you’ll see from a deck or a concrete patio is 70%, so from a value-add perspective, they’re about the same. However, decks are around double the price of a concrete patio, they require significantly more maintenance, and they have a lifespan of 10 to 15 years, about half of what you’d see from a concrete patio. As such, a concrete patio is a better option in terms of up-front cost, long-term maintenance, and ROI.
