If
you are like most people, you landscape your home for your own pleasure. You
want your home to be attractive from the front for both yourself and your
visitors. Backyard landscaping is designed for both your enjoyment and for
functionality. The garden is utilized more frequently for entertaining and you
want a comfortable and eye appealing environment for your guests and family. In
today’s real estate environment, many people have asked me about the
relationship between how much money they should spend on landscaping and the
resulting value of their home.
Will the money
spent on landscaping be recouped by adding value to your property?
Research shows
that a well landscaped home has a 5-1/2 to 12% advantage over the same type of
home with no landscaping. You can determine what this would mean to you by
multiplying the estimated value of your home by these percentages. This will
give you an idea of how much you would want to spend on landscaping.
Here are the
results from some recent studies:
A well
landscaped lawn was ranked as one of the top home improvements for a return on
your investment. Also, there was a recent study that demonstrated the recovery
value to be 100% - 200% of the costs of landscaping when it comes time to sell
your home.
Homes with
excellent landscaping will often sell for 6 to 7% higher than comparable homes
with just average landscaping. This can mean thousands of pounds in today's
market. Studies also showed that perceived value of a home is higher by 12% in
a home that is improved with landscaping.
A survey was
recently conducted that demonstrated that landscaping a home adds value and
actually causes the home to sell more quickly. I am also often asked about
trees. Studies have shown that trees can increase the value of a home by 3% to
7%. We are always available to advise you on what trees are good for your
area.
These studies have shown that adding landscaping can definitely provide an increased value to your home. We realise that money can be tight. We can help you put together a plan that can be implemented over time and will bring pleasure to your family and value to your home.
