Top 5 Ways Homeowners Fund their Outdoor Living Projects

Posted August 27, 2020 in Blog, General, Landscape Design

If you’re thinking about upgrading your backyard, you’re not alone. United States consumers spend approximately $25 billion on outdoor living spaces annually according to a Cleveland-based market research firm, The Freedonia Group. This is because a well-designed outdoor living space can maximize your home value and make your backyard a magnet to life’s most important moments!

But, we realize that many homeowners struggle with determining the best way to fund their backyard investment. At MasterPLAN, we believe you deserve your dream backyard. This is why we are sharing these five helpful tips that can help you fund your outdoor living project:

  • Savings

Most of our clients have been dreaming of a backyard transformation for a long time. In the time they have been dreaming, they have also wisely been saving in preparation for their new outdoor living space.

Top 5 Ways Homeowners Fund their Outdoor Living Projects

A beautiful and functional outdoor living space is a true investment in both your home and personal enjoyment.  If you have been saving a nest egg to contribute to your perfect backyard, share that with your designer so they can be cognizant of your budget throughout the design process.

  •  HELOC, Home Equity Line of Credit

For those who have been in their home for some time, there is a high probability that there is a ton of equity in your home.

“By using funds from our home equity line, we took advantage of the equity we already built in our home to build our dream backyard! It was like borrowing our own money and the process was super easy and simple!” -MasterPLAN Client 

As home values soar, this can be a great opportunity for you to cash in on some of that equity to expand your livable space.  You have enjoyed the inside of your home years, now it’s time to fall in love with your outdoor living space just the same!

  • 3rd Party Lenders 

Through online research, you can find 3rd party lenders that specifically provide loans for home improvement projects.  The trick is to find one that fits your needs!

For those who have a good credit score, lenders like LightStream may be a viable option to help finance your outdoor living project.  The application process is simple and loans ranging from $5,000-$100,000 can be delivered to your bank account as soon as the same day.

  • Personal Loan

Personal loans are short-term loans received from banks or credit unions and can be used for just about any purpose. They are received in a lump sum and repaid monthly like a mortgage or car loan.  The better your credit score, the more likely you will qualify for a personal loan and with a lower interest rate.

We recommend you visit your bank or talk to your credit union to see what options are available to you as being a loyal and longterm client.  Feel free to research other banks to be competitive and find the institution that makes the most sense for your use and your family.

  • Cash in your Investments, ie:Stocks:

There is always the option to invest your stocks into your home improvement projects.  This option shouldn’t always seem like a loss to your portfolio but as an addition you can actually use while growing the value of your home!  Instead of watching the numbers grow in an account, you can physically enjoy the investment as it appreciates with your property!


Planning a backyard transformation in the Poconos, Lehigh Valley, Main Line of Philadelphia, or western New Jersey should be a very exciting experience. But, we get that it is a significant expense, and you might feel overwhelmed when determining the best way to pay for your investment. You are not alone!

At MasterPLAN Outdoor Living, we believe in finding the appropriate balance between luxury living and an honest budget. This is precisely why MasterPLAN has partnered with hundreds of Pennsylvania and New Jersey homeowners -just like you- to transform their backyards into remarkable outdoor living spaces. 

As your trusted and supportive partner, we can help you visualize exactly what your space will look like and help you understand exactly how much it will cost so you can make educated and informed decisions about your investment.

Here’s what the process of transforming your backyard will look like:

Call –Schedule a design meeting!

Collaborate – Create your perfect plan!

Construction– With an approved design, construction starts!

CelebrateRaise a toast in the backyard of your dreams!

Transforming your backyard into an outdoor living space will maximize your home value, help you fall in love with your home all over again, and make your backyard a magnet to life’s most important moments!

CALL TODAY TO SCHEDULE YOUR DESIGN MEETING!

(610) 628-2480

In the meantime, sign up for more Design Tips and Tricks so you can avoid wasting time, money, and space by designing your new outdoor living space before we do all the heavy lifting to complete your build!

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