Does Landscaping Increase Your Home’s Value?
If done correctly, a landscaping job could add thousands of dollars to the value of your home. As a matter of fact, it is at the top of the list of home improvements you can complete that adds value right away as well as over the course of time. The reason for this is because unlike other home improvements that can easily become outdated, landscapes can only grow and become more mature as time goes by.
How Significant is the Value?
Reviews conducted in the past have found that homes that are of high quality with landscaping has a real advantage in price over homes that have little or no landscaping done. When priced on a $300,000 home, homeowners who invest in landscaping projects stand to sell their homes for as much as 5% – 13% more than their neighbors with no landscaping.
Which Factors Take Effect?
It is important that you understand when talking about home landscaping, it is not simply referring to adding a few flowers here and there. When buyers are looking for landscaped homes, they are looking for high quality design, safety, privacy, and functionality.
You Must Plan
One of the most common mistakes made by homeowners trying to improve their landscaping is not first having a plan in place. Even if you don’t plan on doing your project all at once, having a grand scheme of a plan makes for better landscapes. Piecemeal projects can turn out to look unorganized and unattractive to potential buyers. When you have a plan and work on it bit by bit, you keep things organized and much more put together.
Well Kept Landscape
Another thing that will matter is how well kept the landscape is when the buyer sees it. When a buyer can see lots of matured plants and trees in great shape, they know that the yard was well kept. Not to mention many home buyers will determine the cleanliness and functionality of the inside of the home based on how the landscape is kept up. If the outside of the home is in great condition they assume the inside was kept up just as well.
Timing is Important
If you’re not in a rush to sell your home but would still like to improve the value of the property, having a long term landscaping plan is a great idea. However, if you’re looking to sell the home within the next twelve months there are some immediate things that you can do to improve your landscape and get a few extra bucks on the selling price. Simple things such as clean edges around all of your shrubs, a bit of color with some newly planted flowers, defined edges between mulch, dirt, and grass areas, and treatments to your grass to get a healthy even green landscape from beginning to end.
Whether you make an extra $100 on the property or an extra few thousand will greatly depend upon how much effort you put into it, how well planned out your landscape is, and how much time you have until you’re ready to sell your home. However, it goes without saying, that even a good mowing of the lawn and a sweeping of the walkways could greatly i