The Impact of Landscaping on Property Value: How Thoughtful Design Can Maximize Your Investment
Introduction
The gardening season is in full swing and it's the perfect time to consider the significant impact landscaping can have on your property's value. Whether you're thinking of selling your home or simply want to enhance its aesthetic appeal, thoughtful landscaping can provide substantial returns on your investment. Think big picture when designing the overall placement of native trees, shrubs and perennials. Planning for “all-season” color and texture will create an oasis you’ll enjoy for years to come. The blog post will explore how well-planned and planted trees, shrubs, and blooming flowers can increase property value, decrease the amount of work and offer tips on achieving the best bang for your buck. Plus, discover the benefits of hardscaping and how The Reeves Group can help you maximize your property's potential.
Contents
The Financial Impact of Landscaping
Statistics and Graphs
Tips for High-Impact Landscaping
Real-World Example: Jillie's House
Contact The Reeves Group
The Financial Impact of Landscaping
According to the National Association of Realtors (NAR), landscaping can significantly enhance a property's value. Studies show that well-landscaped homes can see a return on investment (ROI) of up to 150%. In some cases, landscaping investments can yield returns of $1.09 to $2 for every dollar spent.
A Clemson University study found that nationally, homes with "excellent" landscaping can expect a sale price about 6-7% higher than equivalent homes with "good" landscaping. Additionally, the study noted that homes with minimal landscaping sold for 8-10% less than similar properties with well-thought-out designs.
Statistics and Graphs
ROI Range for Landscaping Investments: The bar graph shows the minimum and maximum ROI percentages for landscaping investments, highlighting the potential returns.
Sale Price Increase Based on Landscaping Quality: The bar graph illustrates how different levels of landscaping quality (Excellent, Good, Minimal) impact the sale price of a property, with excellent landscaping significantly increasing the sale price, and minimal landscaping decreasing it.
Potential Returns per Dollar Spent on Landscaping Investments: The line graph shows the range of potential returns per dollar spent on landscaping, indicating a return between $1.09 and $2.00.
Key Statistics:
- ROI: Landscaping ROI can range from 100% to 150%.
- Increased Value: Proper landscaping can increase property value by up to 20%.
- Faster Sales: Homes with excellent landscaping can sell faster and for higher prices.
Sources:
- National Association of Realtors (NAR)
Tips for High-Impact Landscaping
Plan Ahead:
Start with a well-thought-out plan that considers the layout, plant types, and maintenance requirements. Incorporate a mix of trees, shrubs, and flowers that provide year-round interest. Understand how the sun’s movement impacts the plants you choose. Whether you’re looking for plants that thrive in full sun, partial sun or complete shade, your garden will shine for years to come.
Invest in Quality Plants and remember to check maximum growth height/width:
Opt for high-quality, native plants that are well-suited to your region. These plants are more likely to thrive and require less maintenance. Additionally, “PLANt for the future!” For example, a lilac bush can reach heights of 20’ and have a diameter of 8’ so ensure you plant the seedling far enough away from the house to allow for growth.
Focus on Curb Appeal:
First impressions matter. Ensure your front yard is inviting and well-maintained. A well-landscaped front yard can significantly boost curb appeal and attract potential buyers. That means using a “cascading” effect with tallest trees or shrubs closest to the property and dropping the height as you approach the sidewalk.
Incorporate Hardscaping:
Elements like patios, walkways, and retaining walls not only add functionality but also enhance the overall aesthetic appeal. Hardscaping can create outdoor living spaces that increase a property's usable area. You can also use trellis plants to add another element to a “hard” surface. It creates great feng shui by bringing in a living plant to a hard material.
Think about adding a luxury item for a focal point:
Adding a fire pit or water element adds an interesting focal point for you and friends to enjoy.
Regular Maintenance:
Keep your landscaping looking its best with regular maintenance. Pruning, mulching, and seasonal planting can keep your garden vibrant and healthy.
Real-World Example: Jillie's House
Jillie's house is a prime example of how mature landscaping with varied plantings and multiple levels can create maximum visual impact. Thoughtfully designed gardens that feature a mix of trees, shrubs, and blooming flowers, make Jillie's property stands out in the market. The use of hardscaping elements like stone pathways, stone pavers for the courtyard and retaining walls add to the overall appeal and functionality of the space.
Video coming soon:
Contact The Reeves Group
If you're thinking of adding to your property before selling or want to know how to get the biggest bang for your buck, contact The Reeves Group. Our team of experts can help you design and implement a landscaping plan that enhances your property's value and appeal.
Investing in thoughtful landscaping can significantly increase your property's value and appeal. Whether you're preparing to sell or simply want to enhance your home's aesthetic, The Reeves Group is here to help you every step of the way. Contact us by filling out the form below today to start planning your dream garden.
