Are you searching for ways to improve the value of your property? Then landscaping is the most creative option to consider. Besides increasing the aesthetic appeal of your property, landscaping also boosts its financial value by a large percentage. So, you should invest in the outdoors as much as you do for the interior space.
So, how can landscaping increase property value?
As you plan to upgrade your outdoor environment by landscaping, you have to consider the installation and maintenance costs. Avoid any landscape additions that will require regular maintenance as this heightens landscaping costs. Start by pre-establishing your landscaping budget to determine what you need and what you can avoid.
For example, full lawn coverage on your landscape will increase mowing needs, and often, this is likely to put off some buyers. The less the lawn coverage, the lower the landscaping maintenance cost. Also, consider growing true turf as it ages perfectly as opposed to the faux type.
However, including more bulbs or perennials in your landscape will provide long-term beauty all year round. These pleasant plants will have color throughout for beautification and require little maintenance, like trimming and shaping.
You might also want to consider terraces and concrete walkways as these architectural improvements demand minimal maintenance.
If you have a commercial property whose value you desire to increase, then you have to research upgrades that potential buyers prefer. As you consider aesthetic value, account for visual enjoyment as it may be a priority for some homeowners.
For instance, a well-positioned tree with just the right size will improve the beauty of the surrounding. When blooming, the tree will release a sweet scent that complements the pretty appearance.
For more enjoyment, the tree will provide a cool breeze where you can relax after a long day’s work. A well-sized tree may also offer a recreational area for children since you can build a tree-house for fun activities.
With these, you will be experiencing pleasure with the tree, while gaining utility benefits simultaneously.
In landscaping, you have to analyze the market trends to determine the customer tastes and preferences. You don’t want to risk making landscape improvements that will be overwhelming to the eyes and scare off potential buyers.
When quantifying the property value, aim for a 5.5 percent to around 12.7 percent price advantage. Although flowers are gorgeous and shrubs require minimal maintenance, some buyers are looking for sophistication. This is where the size of plants and their maturity factors in.
Think beyond plants
Flowers are beautiful, and plants provide a natural appeal that is breathtaking. However, increasing property value in landscaping is more than plantings and natural improvements. How about some unique structural features that blend flawlessly with your property?
Constructing a deck or patio will make use of an otherwise overlooked space and increase the value of your property. Consider staining the deck to enhance the appearance and integrity of your property. Furthermore, go over the available patio geometric patterns that fit the needs of the contemporary users to decide on the desirable designs.
Other structural features you might want to include in your landscape for value addition are:
- Garden paths,
- Water points,
- Fences, and
- Sporting courts.
For elegant aesthetics, you might also include outdoor lighting that will also boost security. To attain the best landscaping value, create a logical property improvement plan to ensure everything blends into space for an organized feel.
To achieve your aesthetic expectations, choose the right landscaping contractor who has a keen eye for style. Go for a creative contractor who can make the slightest changes on your property and achieve the highest value while at it.
Remember, although landscaping can significantly improve the value of your property, your neighborhood plays a role in determining the actual real estate value.
It is, hence, clear that landscaping requires a proactive approach and an innovative mind for optimal utilization of the available resources.