Not only does landscaping increase exterior appeal, it can give real estate a 15 percent increase in value, says Virginia Tech study. The study found that the perceived value of a home is affected by the size, type and design of the plant in landscaping. Estimates vary, but the presence of mature trees on a plot can increase home value by up to 15%. One of the most modern items is one of the most expensive: a built-in permanent platform for entertainment and cooking.
In effect, it increases the useful area of the house. Returns approximately 83% of the amount spent. It may seem like a losing proposition, but an outdoor kitchen space keeps your home on the buyer list of an expanding group. Finish properly and protect the space for your climate to last for many years to come.
That means building a fire pit in cold climates and making sure there is good shade and air circulation in warmer climates. Overall, group performance is also quite low, with 43%. Do you think your daughter could be the next Coco Gauff in tennis? Or a Steph Curry 3-point specialist? Custom-built tennis or basketball court may meet your and your child's needs, but it's unlikely to improve the value of your property. Specialized asphalt patches where the buyer expects a beautiful yard extension to receive more boos than buyers Os.
For example, certain landscaping projects may be considered high maintenance or too costly to maintain. In addition, the data repeatedly show that exterior appeal, in the form of attractive landscaping, is very useful. Although the idea of living among large, beautiful trees may seem idyllic, a forest-like landscape could actually detract from your home. Not only do they help illuminate the exterior of your home and highlight its features, but they also provide safety for anyone walking up and down hallways, stairways, driveways, and other paved surfaces throughout your home landscape.
Standard Lawn Care Service and Garden Maintenance Topped NAR's List for Most Important Investments to Prepare Your Home for Resale. Landscape lighting has quickly become one of the most desired outdoor gardening features for homebuyers. You can also look for landscaping companies that can help you plant mature trees, however, keep in mind that this can be costly depending on tree size, relocation, and planting difficulty. Niemiera, a horticulturist at Virginia Tech, found that a well-landscaped home had a price advantage of 5.5 percent to 12.7 percent over a home without landscaping, say Chase and Patti Michels of Chicago real estate agency Michels Group.
Today, “outdoor living space improvements are very popular improvements that include terrace and patio extensions, adding fireplaces or fire elements, dining areas and covered gazebos or pergolas,” says Britt Wood, CEO of the National Association of Landscape Professionals. In addition to saving homeowners money on water bills, this type of landscape requires much less daily maintenance. The Appraisal Institute, the largest association of real estate appraisers in the United States, advises homeowners that “improving the landscaping of their property can result in a significant return on investment when selling the home. Poor drainage in a property can cause both security risks and a landscape that suffers and damages the value of the home.
If you don't plan on staying in a house long enough to reap the rewards of your landscaping choice, do a gut check and decide if it's OK to let out your inner Johnny Appleseed. Matt Ward, real estate agent and team leader at Tennessee-based The Matt Ward Group, says lighting also helps maximize the exterior appeal of your property, ensuring that all the landscaping work you invested in can be viewed at any time of the day. However, an entire collection of gnomes or animal statues can detract from the landscape and create a sloppy appearance. .