How Much of a Return On Investment Does Landscaping Provide?
February 6, 2014
When you’re considering investments in your home, landscaping might not come immediately to mind. After all, hiring a lawn company can be expensive. Plus, you’ll need to do it regularly. That said, there are many options when it comes to landscaping. If you have the money, you can work with garden designers and landscapers in order to create a beautiful oasis for yourself and your family. Elegant landscape and design can make your curb appeal much higher. If you’re selling the house, you might even get more money for it this way. So it is an investment you should strongly consider.
If you’re on a tighter budget, you can still have lovely landscaping. Whether you do it yourself or hire someone, custom backyard landscaping can transform your property. You can buy backyard materials and install them yourself, setting up gardens and walkways. Look at your budget and your property, then consider what you can do with it. Whether you’re spending money or time, you can get good results. Take some time to consider your landscape and you could get an excellent return on investment.
Landscaping construction requires a meticulous attention to detail, in addition to a sizable investment of both time and money, but with a good landscape design, you can increase the value of your house much more than you’d think.
Landscapers can actually provide a better ROI than a bathroom or kitchen remodel, believe it or not. For example, in 2009, every one dollar spent on a bathroom remodel increased the home’s value by just $0.68. Kitchen remodels increased the value $0.69 for every dollar. A good landscape design, though, increased the home’s value by $1.06 to $1.12.
Landscaping can also help a home to sell much better, as well. The Florida Growers and Nursery Association’s studies indicate that landscaping can add up to 14% on a home’s resale value, and reduce the time that a home stays on the market by as much as six weeks! One landscape design project that’s particularly valuable, as noted by the Florida Growers and Nursery Association, is a patio, which can raise property values by as much as 12.6%.
The American Society of Landscape Architects suggests that homeowners should invest about 10% of the value of their property into a landscaping project. Even just a five percent investment in a landscape design can raise a home’s value by 15%, which provides a net 150% ROI.
Landscaping your house adds curb appeal. The first thing passersby will see is you home’s exterior. A well cared for lawn indicated a well cared for home, and will interest buyers much more. After all, you only get one chance to make a good first impression.
Landscaping has a recovery value of 100% to 200% on investment. So why not do a Google search for “landscape design Spokane” and get your project underway ASAP? Learn more at this link.
Homes and businesses throughout the world would look a lot different without the incredible work of experienced landscaping contractors. They are often asked questions such as how do you design a landscape, and their typical response is to fuse creativity and functionality to ensure the property looks its best. Careful planning is key to producing clean, crisp landscaping that looks lovely and encourages healthy plant growth. The results of thorough, detailed landscaping do not go unnoticed by homeowners, their guests, and their neighbors. The right landscaping can completely transform the space and improve the entire property.
So how much is backyard landscaping? Well, the answer to how much will it cost to landscape my backyard really depends on the project’s size and scope. Some small backyards that just need a bit of mowing and pruning will take less time and money to landscape than a comprehensive overhaul involving entirely new trees, grass and plants. How to design a landscape garden depends on the property owner’s preferences and the skill level of the hired landscaper. The most prestigious landscapers may charge a premium for their services while small business landscapers in your local area may be more willing to offer you a deal.