How Much Value Does Landscaping Add to Your Home?

Your home is likely one of your most valuable assets you will have over the course of your life. It is worth investing in. Investing in your outdoor living space not only allows you to make the most of your property and enjoy your own backyard, but it can also significantly increase your home’s value as well. But how much value does it actually add?

The answer really depends on a variety of factors including the type, quality and maintenance of the project. Below, you can find a variety of landscaping projects and their rates of return.

Patios

Patios are a great addition to any outdoor living space. They create a wonderful gathering space where you can comfortably dine, relax and enjoy the nice weather in your own backyard. They can also increase the value of your property. When potential buyers look at a backyard, they are evaluating the amount functional space, not just the size. Industry experts say a high quality and well-maintained patio can potentially add 8-12% to the home’s value and can have a ROI of 95% according to the National Association of Realtors. Therefore, patios are not only great amenities you can enjoy, but also a great investment in your home.

Landscape Lighting

Landscape lighting is another great investment in your property. Landscape lighting can be used to increase your safety as well as create ambient spaces in your yard and highlight your gorgeous landscaping. It can also help to increase the value of your home from 5-20% depending on the quality of the installation, design and fixtures used. In order to get the most out of your landscape lighting project you should ensure the correct transformer is installed to handle the voltage of the lighting. In terms of design, consider path lighting for safety as well as aesthetics, or highlight architectural features of your home or landscaping. When choosing lighting fixtures avoid plastic that will break and fade easily and opt for more durable lighting fixtures that can stand the test of time. When you have carefully considered all of the previous points, you landscape lighting can increase your home’s value up to 20%, meaning not only will you be able to enjoy the enhanced beauty and safety landscape lighting brings to your property. but it is a great investment as well.

Outdoor Kitchens

Outdoor kitchens continue to rise in popularity as homeowners want to make the most of their outdoor space. Outdoor kitchens bring a functional and fun touch to your backyard, allowing you to host and grill in the summer months with ease. But depending on the size and scope of the outdoor kitchen, they can be quite expensive. Most homeowner’s also want to know if it is worth it. It has been found that outdoor kitchens have a ROI of 55-200% depending on the quality of the outdoor kitchen. There are several factors that contribute to doubling your return on investment. First and foremost, the outdoor kitchen needs to be done by an excellent contractor that produces high quality work. The materials used also play a factor in recouping your investment and using durable and visually appealing materials like stainless steel, quartz and granite can make a big difference. The design of the outdoor kitchen also plays a role in the return on investment. A well-designed outdoor kitchen that feels like an extension of the interior of your home is going to have a much higher appeal than a kitchen with a clunky layout and mismatched vibe from the rest of your space. Think modern and sleek outdoor kitchens with more modern homes and a more rustic charm for older, historical homes. When these factors are taken into consideration, you could end up doubling your ROI.

Plant installation

Plant installations are another way to increase your home’s beauty and value. It has been estimated that installing plants, improving curb appeal and overall landscaping can increase one’s property value by 5-20%. According to the USDA Forest Service, mature trees alone can add 10% to a property’s value. Mature trees are highly valued and can add $1000-$10,000 to your home’s value per tree. Trees not only add beauty to your outdoor space, but can provide privacy and shade, which allows you to save energy and money. But trees are not the only plants that add value to your home. A beautiful and well-maintained garden can increase your property’s market value. According to the Royal Institute of Chartered Surveyors, properties with attractive gardens can sell up to 16% more than those without. However, the key word is attractive. That means that gardens can be a selling point if well maintained, or it can detract from the curb appeal of your home if neglected. An attractive garden also requires a well thought out and visually appealing design. But if you have a well maintained and thoughtfully designed garden teeming with gorgeous flowers and trees, not only will you be able to enjoy your stunning space, but you will see a return on your investment as well.

New Lawns and Lawn Maintenance

Your lawn is a major part of your home’s first impression, and when looking to sell your home that matters. According to the National Association of Realtors, 97% of real estate agents believe that curb appeal is important to potential buyers, with 92% recommend improving it before listing. Having a healthy, well-maintained lawn means regularly repairing your lawn either through grass seeding, hydroseeding or sod installation, keeping it well watered manually or through setting up an irrigation system, weeding, fertilizing, thatching, aeration and regular lawn mowing. When regularly investing in those services you can expect to yield a 217% ROI. That means for every $100 that you spend on your lawn you recover around $217 upon sale of your property. Between being able to enjoy a beautiful green lawn and the significant financial gains, investing in your lawn and regular maintenance is a great investment.

Overall, landscaping is your home’s first impression. When looking at adding value to your home, realtors agree that landscaping makes a big difference. In some cases, you can even expect to double your ROI if you ensure that quality work is done by reputable contractors. If you were on the fence about whether investing in your outdoor living space was worth it, and how much value it actually brings, hopefully this article sheds some light on how valuable landscaping truly is. And unlike most investments, you get to enjoy your landscaping every day!

Ready to get started?

Perennial Landscape Corporation | Winchester, MA | Concord, MA | Lexington, MA | Andover, MA

Click here

Perennial Landscape Corporation

The Quality You Expect and the Service You Deserve

Perennial Landscape Corporation is a family-owned business creating distinguished landscape environments in Winchester, Concord, Lexington, Andover and surrounding Massachusetts areas since 1995.

Perennial Landscape Corporation was named after the category of plants called perennials. Perennials are plants that have a lifespan of two or more years, meaning they come back each year. Just like a perennial, our aim is for you to be able to count on us year after year.

Here at Perennial, we pride ourselves on providing excellent landscaping services and outstanding customer service. Our motto is ” the quality you expect and the service you deserve”. That is the mindset that permeates every aspect of our work.