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Choosing a suitable backyard playset that’s age-appropriate and entertaining for your children is worth the cost. A backyard playset you can update and upgrade as your kids grow offers even more benefits. Although a playset won’t substantially increase your home’s value, it won’t negatively affect it either.

The average lifespan for a playset is around eight to ten years, but you can probably make it last to 15 years with good weather conditions and proper maintenance. If you’re purchasing a pre-made playset, some brands offer warranties for up to 25 years—long after your kiddos are grown.

In most cases, yes, an outdoor living space adds value to your home. The trick to your best return on investment is to choose high-quality building materials that will look nice and durable without crossing the line into total luxury that becomes cost-ineffective. For example, there’s no need to install marble tiles around your pool, but a durable and aesthetically pleasing deck will go a long way.

The cost of the materials to build a DIY playground will run you about $700 to $1,000, which could vary based on the type of lumber you choose to use. On the other hand, buying a pre-made playset costs $1,000 to $6,500 or more, and if you choose to have it professionally installed, you’ll pay an additional $330 to $700.