When it comes to increasing property value, things like kitchen renovations and bathroom remodels usually take center stage. They’re typically the most recommended ways for homeowners to make their homes more valuable in terms of market worth. But you might be surprised to learn that landscaping can also deliver a substantial return on your investment.
The Effect of Landscaping on Property Value
In fact, the effect of landscaping on property value can be quite surprising. When it’s done right, it can add thousands of dollars to the value of your property. Perhaps more importantly, it not only adds value immediately, but also helps your home’s value continue to rise as the years go by and the landscaping matures.
The Importance of Curb Appeal
While it might be difficult to gauge exactly how much an increase any landscaping project can bring to a home’s value, there’s no arguing the fact that a landscaped property demands more money than one that doesn’t have landscaping. The reason is all because of curb appeal.
The more beautiful a home looks from the curb, the more attractive it will be to buyers, and this equates into higher market value. Best of all, landscaping is something that can be done on any budget. For example, even the smallest budget can afford new paint for the front door and new house numbers. Landscaping doesn’t always have to deal with trees, shrubs, and plants. In truth, anything you can see from the curb can be considered “landscaping.”
Good Landscaping Begins With Good Planning
The most important thing to have on hand when landscaping is a plan. Unfortunately, this is where a lot of homeowners go wrong. They plant things where they think they should go at the time, without thinking about the future of the property. This can easily result in a haphazard, disorganized look that can ultimately turn buyers off.
At the very least, you should draw up a design plan for your yard and try to stick to it. Keep in mind how certain species of trees and shrubs grow, so you can have an idea of what the landscaping will look like as it matures. With a clearly defined plan and the right plants, you can create a beautiful, landscaped yard for less money than you might think.
Your landscaping plan should also be indicative of your plans for the home. For instance, if you are going to be selling your home within a year, then you won’t have much time for plants to mature. If this is the case, you should consider coming up with more immediate ways to clean up your landscape to boost your home’s value. Here are some tips:
- Cut fresh edges around your flower beds
- Dethatch and fertilize your lawn
- Plant colorful seasonal annuals
- Invest in a few larger perennials and shrubs, so it looks like your landscaping is more mature than it is
Landscaping not only adds value to a home when it’s done smartly, but it’s also quite fun. It’s a great way to spend time with the family outside, and it helps get everyone involved in the future of the home. Remember, even the tiniest detail can deliver a big impact in a good landscaping plan.