Figuring out what makes a ‘good’ investment is far from simple in this day and age. On one side of the spectrum, you’ve got record-breaking house prices, making it difficult to invest in property. And on the other side, you’ve got digital pictures of monkeys smoking cigarettes, going for hundreds of thousands of dollars.
So, it’s almost fair to say that there’s never been a more bizarre period in the history of humankind for the ordinary investor.
But if you are looking to make a good investment that doesn’t involve taking out a second mortgage or funnelling cash in to NFT monkey pictures, we may have the perfect solution for you: installing an outdoor kitchen in your home. Let’s discuss why outdoor kitchens are a great investment for any home with the space for one.
They’re practical
All good investments have a specific function – something that they allow you to do. While the ‘function’ of NFTs, for example, is rather unclear and, therefore, considered a risky investment, an outdoor kitchen is a hard asset. This means it’s a physical asset that you can touch, hold and use.
Outdoor kitchens are incredibly practical and, when you have one installed, you’ll find that you’ll want to cook inside less and less. Long summer nights with homemade cocktails and cosy winter dinner parties await when you invest in an outdoor kitchen.
They add value to your home
Every renovation has at least two main purposes. The first is to make your living space more inhabitable and more to your taste. The second is to add value to your home. Outdoor kitchens are a luxury and homebuyers are willing to go the extra mile in terms of price to secure a home with an outdoor kitchen. Highly attractive and desirable, an outdoor kitchen will almost always pay off in the long run, provided you style it correctly and invest in top quality equipment.
Low cost, high return
One of the best things about investing in an outdoor kitchen is that they’re low in cost and comparatively high in return. Even an outdoor kitchen on a budget can see tens of thousands in added home value. Let’s say you decide to install some kitchen cabinets, a wood-fired oven, a nicer dining area while giving the area a paint or polish. This type of renovation may only cost you in the low thousands, will adding much more value to your home.
Whether it’s your forever home, or you’re looking to sell in the future, installing an outdoor kitchen is a fantastic investment. To get the ball rolling, consult the experts at Sydney Fire Bricks. They’re Australia’s best manufacturer of premium quality wood-fired ovens, fire pits and smokers, delivering their products across the country. Browse the range and pick the perfect wood-fired oven for your outdoor kitchen today.