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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.

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.

It’s usually possible to install a playground yourself, but we don’t recommend it. Playground construction can be complicated and involves moving large, heavy, and bulky components into place while you affix them to other pieces. Not only is the work physically demanding, but any mistakes could reduce the lifespan of your playground and potentially put any children who use the equipment at risk of injury. It’s relatively inexpensive to hire a professional playground installer, and it’s usually worth the investment, if only for the peace of mind it provides.

Generally speaking, building a swing set is cheaper than buying a prefabricated one, but this assumes you have all the tools and knowledge to complete the project. The average cost to build a swing set is $514, but you should also factor in the time and effort it will require—if you don’t want to give up your weekend, it’s worth considering buying instead of building.