A common question when putting your house on the market is, “What can I do to make my home more valuable?”
It’s a valid question with a lot of expensive answers.
One of the ways that you can add value to your home is with the landscaping. And while most professionals agree that landscaping will make your home more valuable, the dollar amount changes drastically depending on who you ask.
The Washington Post asked several realtors to discuss the ROI from landscaping, and they had some varying opinions. For example, if you complete a $10,000 project, are you getting back $15,000 in value? $30,000? $100,000? The experts reported seeing anywhere from 100 to 1000 percent returns. With a range like that, it’s hard to know where to start.
It turns out the ROI depends on a number of factors, particularly how wisely you’re investing that money. Here are a few simple ways to add value, according to House Logic.
Add a few basic designs, adding color and texture in the right places.
One potential negative to an elaborate landscape is that potential buyers may not be as excited about it as you were when you installed it. They may see maintenance and upkeep as a huge chore they don’t want to take on, or they may immediately consider the additional expenses of irrigation, landscape maintenance, etc. A quality landscape company will work with your budget to create the perfect design for your specific needs.
Add hardscapes, like a deck or patio.
Creating an outdoor living space will almost always increase the value of your home, and it will give you an amazing area to enjoy for the rest of your time in the house.
Take care of your lawn!
If you, like many of us, don’t have the money to invest in a large-scale landscaping project, it’s still important to keep your lawn in great shape.
Regular lawn maintenance will go a long way in the appearance of your home in person and in real estate listings. This may include mowing, de-weeding, mulching, and edging. Adding a few perennials for added color is also a relatively inexpensive task.