When selling a house, a homeowner may be concerned with what home improvements can bring about a better return on investment (ROI). While upgrading bathrooms and kitchen may result in a substantial rise in your home’s value, landscaping is also an essential component. Many realty, landscaping, and home builder sites discuss how landscaping can increase your ROI from 20% to 150%. Regardless of your budget, here are some tips from experts on what you can do to get the most for your landscaping investment.
Experts, including the American Society of Landscape Architects (ASLA), suggest homeowners follow a general guideline of investing 5% to 10% of the home’s value in landscaping. However, these numbers do not mean you have to break the bank or hire a professional landscaping company. Even if your budget is below the suggested investment percentages, small changes or improvements can make a significant impact on your home’s value.
A focus on curb appeal is essential when it comes time to sell your home. First appearances can make or break a potential homebuyer’s interest. According to the National Association of Landscaping Professionals: “91% of Americans think it is important to live in close proximity to trees, grass or nice landscaping. And, 84% of Americans agree that the quality of a home’s landscape/yard would affect their decision about whether or not to buy.” In addition to completing any exterior home repairs or updates, adding color with annuals or perennials to your landscape will help draw attention to your home. Other inexpensive and quick ways to improve your home’s curb appeal include removing weeds, mulching, edging and getting your grass as full and green as possible.
Softscaping and Beyond
Softscaping encompasses the natural parts of your landscaping including trees, shrubs, plants, and flowers. And, because color and texture are important to balancing a yard, experts suggest visualizing these elements by taking a look at your neighbors’ homes and see what details “catch your eye” or browse through your favorite home and garden magazine or websites for softscaping ideas you could incorporate. Another tip is to take a step back and view your home from a distance. Using the perspective of a potential home buyer, ask yourself what changes could improve the home’s appearance. Incorporating some hardscaping elements such as retaining walls, rocks, and pavers into your landscaping investment plans could be of benefit. If your budget allows, additional hardscaping components might be considered, including a patio, deck, walkway or a water feature.
Using these expert tips, your landscaping will be looking its best and you will enjoy a higher return on your investment when it comes time to sell your home.