does hardscaping add value to home December 24, 2020 – Posted in: Uncategorized
Certain projects, such as adding a well-thought-out family room or other functional space can be a wise investment, as they do add to the value of the home. If you plan to sell within a year, you can take several immediate steps to dress up your landscape and boost your selling price. Consider it a, The American Society of Landscape Architects (ASLA) recommends investing, The National Association of Realtors (NAR) and the National Association of Landscape Professionals (NALP) estimate that applying mulch annually, mowing about 2,800 square feet of lawn, pruning shrubs, and planting about 60 annuals or perennials, HomeLight’s top agents, working with data on national average costs from HomeAdvisor.com, estimate that lawn care service of about $268 adds about $1,200 in value—a. Only 1% of real estate agents told the NAR they’ve suggested homeowners put in an outdoor kitchen before selling. This, of course, includes the cost of cultivating the gardens and installing plants, as well as hardscape features such as … Choose plants such as delphinium, hydrangea, globe thistle, grape hyacinth, or blue fortune. The great thing about the effect of landscaping on property value is that it doesn’t require doing anything extra. They decide to put a tree in, and then a few years later add some flower beds, then maybe put in some shrubs and another tree. The million dollar question is: does landscaping add value to appraisal? Here’s how: Even with a small yard, you can create the feeling of ample green space. Hardscaping, by the way, is any … Valerie Kalfrin is a multiple award-winning journalist, film and fiction fan, and creative storyteller with a knack for detailed, engaging stories. … The answer is YES. You can power-wash the patio and any seating as well to jettison any dirt and cobwebs. Better Business Bureau. When preparing your home … Even if you don't have – or won't spend – the money to hire a landscape designer, at least draw up a master plan for your yard and stick to it. Of course, landscaping adds value to your home. Some add softness and life to your yard, and some of them add structure and hardness. 19 High-ROI Improvements Buyers Love, Here’s What to Expect From A Home Appraisal So You Don’t Blow It. He has contributed to USA Today, The Des Moines Register and Better Homes and Gardens"publications. In certain price ranges and areas of the country, such as Florida, Arizona, California, and Texas, a pool can be an expected amenity. Get free, objective, performance-based recommendations for top real estate agents in your area. Most studies show that landscaping can add as much as 12-15 percent to the value of your home. Image Credit and Installation by: Keepers Turf Why, yes, thoughtfully installed artificial turf does add curb appeal and will positively impact the resale value of your home, particularly if your property is in an area of the country that’s impacted by persistent drought conditions.. Here’s the explanation in a nutshell. Landscaping, hardscaping and home exteriors all count. Yet often a home's outdoor landscaping is overlooked, or underdone, in the preparation for the sales process. A patio is a type of hardscaping that will definitely add value to your home, and hardscaping tends to add much more value than landscaping. You might find you’ll achieve a great impact for little expense, or as Critchfield advises, “Do the projects first that cost less money.”. While you might think a patio is just a patio, this is not exactly true. Thus, a home valued at $150,000 with no landscape (lawn only) could be worth $8,250 to $19,050 more with a sophisticated landscape with color and large plants. Lowe’s recommends never removing more than one-third of the blade length. Although sellers understandably focus on the front yard, don’t neglect the backyard. If you have more than one garage, it makes even more sense to do! by Valerie Kalfrin NAR recommends power-washing your deck and applying at least two new coats of stain to maintain the deck’s look and integrity. Plus, it costs as low as $1.60 for a bag that covers 2 cubic feet. If you are planning to sell your home this spring, follow these tips to get your yard in shape without breaking the bank. As a real estate … “This advantage ranges from 5.5 percent to 12.7 percent depending on the type of landscaping and the home’s original value. A landscape that's assembled piecemeal looks disorganized, and that turns buyers off. On the outside, you’ll see returns with regular care. Inside your home, costly upgrades like changing the floor or countertops add value. And add splashes of color with flowers; pick up some colorful annuals for a few dollars apiece, and be willing to invest a few hundred dollars in larger perennials and shrubs, so that your yard doesn't look as if you just started working on it – even if you did. 3. A low-maintenance landscape can be a matter of adding hardscaping (non-living features such as a walkway, patio, or retaining wall), or embracing xeriscaping (pronounced “ZEH-ri-skeiping”), a combination of the Greek word “xeros,” meaning “dry,” and the word “landscape.” Xeriscaping relies on drought-friendly plants, such as succulents, California sagebrush or Terra Cotta yarrow, reducing the need for frequent watering. This information could certainly come in handy when it comes to selling your property as research reveals that the right garden can add anywhere between five to 20 per cent to a … Garden Design magazine suggests a number of “vertical gardening” ideas for a focal point in the garden, such as building a terra cotta planter wall on your fence, or using wrought-iron flower pot rings (such as these 8-inch ones from Achla Designs) to elevate planters on a porch or balcony. © Copyright 2020 Hearst Communications, Inc. The couple behind the design blog Beneath My Heart used Quikrete Semi-Transparent Concrete Stain to transform their backyard concrete patio into faux tile. That's a good indication that they've taken care of the inside of the house as well, which is appealing to home buyers. “A lot of older people that I talk to in Utah, one of the main reasons that they want to move is that they are tired of taking care of the landscaping.”. It’s a term the real estate world uses to describe how attractive a home is when seen from the street. A healthy lawn, bright flowers, and lush greenery nourish us from the inside, providing oxygen as well as reducing stress and improving our quality of life. If you have more than one garage, it makes even more sense to do! If your house sits where buyers might think they’ll hear road noise — for instance, off a high-traffic road, near a traffic light, or on a corner lot in a neighborhood — enhance the oasis feeling by reducing noise and adding privacy. In fact, it is one of the few home improvements you can make that not only adds value immediately, but also increases in value as the years go by. Using plants of varying sizes or planters with multiple tiers adds visual interest through height as well as depth, so the landscaping doesn’t appear flat. A backyard is a prime area to highlight as an oasis. Landscaping can add tens of thousands of dollars to the value of your property. There are many different elements that go into the design and overall feel of your outdoor space. That translates into an extra $16,500 to $38,100 in value on a $300,000 home. Their guide shows the return on investment for various landscaping options varies from 30-60%. You won’t want to invest in projects that don’t have a huge ROI, appeal to a narrow segment of buyers, or that you won’t be living in the house long enough to enjoy. “Certain homes can pull off a red, but it has to match the color scheme of the house,” he said. © HomeLight, Inc. 100 1st Street, Suite 2600, San Francisco, CA 94105. The next time you want to add value to your home, consider outdoor improvements such as planting beautiful new flower beds, adding a sturdy decking, laying down a … Even an amateur can get a professional-looking landscape for $500 to $3,000 worth of plants and materials if she's willing to do the work. But before you start budgeting or browsing the home store, be careful not to go overboard. Across a variety of research out there on the ROI of landscaping, there’s one common theme: Landscaping adds significant value to your home. A landscape full of large, mature plants is obviously one that has been carefully tended to over the years, and that sends a signal to buyers. Merritt has a journalism degree from Drake University and is pursuing an MBA from the University of Iowa. Projects that add curb appeal can raise a home’s value by as much as 20 percent. If not, the average cost of mowing a lawn ranges from about $30 to $80 per visit, depending on square footage, with extra fees for edging. Talk to your real estate agent about the demographics of buyers in your area for your price range, Critchfield adds. Making the right changes to your home can increase its market value significantly – with garden landscaping coming out on top for the most value added. For about $100 or less, you can purchase potted flowers or plants that intrigue buyers with color. But the economic value of landscaping means more than an increase in your property value. Although red mulch is popular among commercial areas, Critchfield recommends a darker color, such as brown or black. “Curb appeal” refers to what potential buyers see when they drive up and park. Because the NALP says walkways and patios with contemporary, geometric patterns are a new trend for 2020, consider installing or redoing a walkway with pavers starting at about $1,700 (depending on materials and size), or painting a pattern on the existing patio or walkway using concrete stain. Adding value through hardscaping. For a $200,000 home, that would mean a $10,000-$20,000 upgrade; for a $500,000 home, it would be $25,000-$50,000. “There’s no need to buy one to sell your home if you don’t already have one.”. They include textured grasses, peonies, black-eyed Susan, and a carpeting of sedums. Too Much Wallpaper. Real estate agents in Ann Arbor MI have known for years that landscaping increases a home’s resale value, but recent trends in home sales show that hardscapes can also increase your home’s resale value. While interior decor and design concepts regularly go out of style and mechanical systems wear down, plants grow fuller and more robust as the years go by. But to truly turn your greenery into greenbacks, talk with your real estate agent first about your competition, market conditions, and your targeted buyers. Keep in mind this is just a guide… you also have to consider how the landscaping affects your salability. Repurposing items in a garden is a clever and growing trend (pardon the pun): A cracked birdbath finds new life and makes a statement as a planter. Plus, you may eliminate some buyers who aren’t “pool people” or who don’t want to deal with the maintenance. Who hasn’t heard about the value of curb appeal? These hardscape elements are most likely to get you a better price for your home. (2) A lesser factor, but one still worth considering, is the diversity of plant life within the landscaping design. ), Finding the Perfect Home When Everyone’s Buying in the Suburbs, How Does the Fair Housing Act Protect Buyers, Sellers, and Renters? However, not all landscaping is created equal in terms of adding real dollar value to your home. “A grill or barbecue, if you already have one, can paint a good picture,” Critchfield said. Posted on March 31, 2020April 3, 2020 6-7 min read. You can take on this project yourself with the proper equipment (renting an electric power washer costs about $39 per day, for instance, while stain costs about $25 to $30 per gallon), or hire a professional. Cam Merritt is a writer and editor specializing in business, personal finance and home design. Mulch helps soil retain moisture, reduces weeds, and makes a landscape look fresh. Also, mow when the grass is dry for fewer clumps, and leave the clippings on the lawn (unless they form clumps or rows) to return nitrogen and nutrients to the lawn. Advantages & Disadvantages of Landscaping, How to Keep Dirt in a Borderless Flower Bed, The Best Time to Plant Variegated Weigelas, Inexpensive Landscaping Ideas to Help Sell a House, Virginia Tech: Effect of Landscape Plants on Perceived Home Value, How to Make Your House Appraise for More Money. Choose flowers and accents in calming, rich tones of blue, such as cobalt, a new trend for 2020, according to the NALP. A lot of experts say yes. Good landscape design can add up to 20 percent to your home’s value, so it’s no surprise that poor exterior choices can have the opposite effect. Brown mulch, which tends to lose its color after one season, is a good universal color that makes plants appear vibrant, the company says. “Buyers are falling in love with the features backyards can offer.”. Watch enough HGTV and there’s one phrase you’re bound to hear over and over again. Such as: Although a full-blown kitchen on the patio complete with countertops, cabinetry, and a wet bar exudes luxury and helps market to home buyers shopping in the high-end range, it also costs about $12,000 to $20,000 to install, with an estimated ROI of 71%. Find top real estate agents in these similar cities, HomeLight has an A+ rating with the You also can combine these elements, using hardscaping, xeriscaping, and plants typical for your area. Amy Fedele, a gardener whose blog, Pretty Purple Door, has been featured in Country Living magazine and other publications, suggests grouping a specific type or color of plant together in clusters of three, five, or seven. In terms of how much value it can add, Virgin Money suggests converting a garage can add 20% to the value of your home. (Roughly 90% of HomeLight’s top real estate agents recommend homeowners remove dirt, grime, and cobwebs from the front entrance alone to ramp up curb appeal before selling). Garden Design recommends 21 low-maintenance shrubs, perennials, annuals, and groundcover plants, organized by the USDA’s Plant Hardiness Zone Map. “Like dating, love at first sight can also happen if your landscaping is properly done,” says Justin Critchfield, a single-family home expert real estate agent in Salt Lake City, Utah. Having a pond installed will increase your quality of life and raise the value of your home; which is a win-win. Just make sure you don’t cut your grass too short or too often, or you’ll risk brown patches and more sunlight reaching the weeds, causing them to sprout. Does landscaping add value to homes? But again, this is a hefty investment: installing an 18×36-foot in-ground pool that’s about three to seven feet deep costs about $58,000, including the standard filtration system. You’ll also have to research whether your community has any restrictions on such features (Denver, Colorado, for instance, bans “open fires,” which includes fire pits), or whether the installation impacts your homeowners’ insurance policy. Here’s How Much Money You Need to Build Your Dream Home, What Upgrades Increase Home Value? Wright Manufacturing, a lawn equipment manufacturer based in Frederick, Maryland, adds that red mulch decomposes quicker because it’s often made from recycled wood chips. That would buy a substantial landscape upgrade for most homes. Adding a pond is not only a great way to add value to your home, but is truly a joy to have and be around. Strictly going by these numbers, you might figure on spending 5-10 percent of the value of your home on a landscape upgrade and expect to get most of it back right away. Open up the floor plan. This creates a “drift” of plants that adds flow to your landscape and a stronger impact than just scattering them; it also moves the eye pleasantly along the landscape instead of a visitor feeling like your flower beds play “connect the dots,” she writes. While landscaping will add value to your property, extensive landscaping can potentially drive away serious buyers as many won’t have enough time to invest in maintaining the high-maintenance landscape. Or maybe you are just curious if having a pond will add value to your home; in which case the answer is a resounding yes! Not feeling that handy? Both, when designed and implemented together properly, create the perfect space for you to relax, entertain, and enjoy the great outdoors with your friends and family. According to the American Society of Landscape Architects, the experts recommend to invest about 8-10 percent of your home’s value in landscaping, which includes soft and hardscaping. There’s no doubt that landscaping can add value to your home, both in psychological and emotional benefits while you’re living there as well as boosting your bottom line once you move. For example, cutting fresh edges around your planting beds; having a sharp, well-defined edge between grass and mulch or dirt gives the landscape a professional look. But at a cost to install of perhaps $6,000, you’ll recover roughly 67% of that at resale. This advantage ranges from 5.5 percent to 12.7 percent depending on the type of landscaping and the home's original value. Landscaping goes beyond just plants and shrubs to hardscaping, which includes water features, decks, patios and other man-made improvements to your outdoor space. The change in value (from no landscape to well-landscaped) ranged from 5.5 percent (Louisiana) to 11.4 percent (South Carolina). “A well-landscaped home has a significant price advantage over a home with no landscaping,” writes Cam Merritt in SF Gate’s Home Guides. Also begin regular fertilizer treatments on your lawn; you want potential buyers to see a lush carpet, not a patchwork quilt. For an estimated 43% ROI, it’s not worth taking on just to sell your house. (Although you also can trim your trees and snip your shrubbery with a handheld lopper or pruner — check out our visual guide for the proper way to cut — it’s wise to let a landscaper prune trees that are close to your house or exceptionally tall or overgrown, which can cost about $75 to $1,000, depending on height). Get rid of weeds. Come up with a plan before you do any landscaping. And according to a research paper by Clemson University Professor Mark S. Henry , even taking your landscaping and gardening efforts from 'good' to 'excellent' could add significant value to your home - at least 6-7%. Real estate agents say well-designed landscaping can increase the value of your home up to 20 percent. 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