If you are able to invest $100,000 or more for your backyard renovation, you can consider installing a small inground pool with a surrounding deck, permanent shade, and comfortable furnishings. Alternatively, you could add a pickleball or sports court.
A budget of $150,000+ allows for more extensive renovations, including installing a nice inground pool or a guest house addition. By adding high-end folding glass doors, you can create the perfect indoor/outdoor living. This expansive budget could also include updating the exterior style of your home with new siding, brick, or stone.