Landscaping Trends and Ideas That Add Value to Your Home
If you’re looking to sell your home this summer, landscaping could be one area to focus on before putting your house on the market. Even if you’re not ready to sell this year, landscaping can offer a solid return on investment when you are ready.
Looking at Four 2015 Landscaping Trends
Some landscaping options are always in season, but if you’re looking to add value for a sale in the near future, it can be helpful to look at current trends. This year, eco-conscious plants and materials feature prominently. According to Garden Design, the following trends are currently in demand:
Adding Trees for Added Value
For homeowners looking to add value for the long term, trees can be a good investment. According to HouseLogic, trees reduce stress, canopies reduce cooling bills in the summer, and windbreaks reduce heating bills in the winter. Healthy, full-grown trees can even add value to your neighbor’s property. The National Tree Benefits Calculator is a nifty tool that can provide localized information about the value and benefits of specific tree species.
Focusing on a Healthy Lawn
While major landscaping efforts can add more value to a home, they also require a significant capital outlay. When it comes to adding value on a budget, homeowners will do well to keep the basics in mind. Amy Simpson of TruGreen Lawn Care shared with us three key points from the company’s Lawn Lifestyles Survey of America.
Adding Value Now Versus in the Future
New trees you add this summer will certainly give a good return on investment, but more likely several years into the future. In a Virginia Tech study that measured the effect of landscaping on perceived home value, the maturity and size of the trees mattered most to 36 percent of respondents.
Lastly, if you’re limited to improving the lawn you already have, TruGreen’s survey shows a healthy, weed-free lawn is well worth the sweat equity you’ll invest.
Answering “How Much Value Does Landscaping Add?”
Just how much value will improved landscaping add to your property? For the experts, this remains a question without a definitive answer. In the Virginia Tech survey, results showed different types of landscaping could add anywhere from 5.5 percent to 12.7 percent to a home’s perceived value.
Writing for the Washington Post, real estate broker Jill Chodorov posed this question to John Gidding, host of HGTV’s “Curb Appeal.” Gidding told the Post a conservative estimate of the return on investment for landscaping was 150 percent of the landscaping cost. However, he pointed out a “Curb Appeal” project where $20,000 in landscaping brought the homeowner an additional $200,000 in their home sale. Both Chodorov and Gidding agreed it was not practical advice to anticipate a 1,000 percent return for landscaping.
Still, experts do agree that landscaping can have a huge impact on the value of your home, both now and in the future. The Post’s Chodorov echoed TruGreen’s Simpson when it came to lawn care: “Keep the lawn mowed and watered and keep the yard weed free.”
You could spend thousands on new landscaping, but you don’t have to. “If you only have a few hundred dollars, paint the front door and get new house numbers,” Gidding told the post. “Improve whatever the eye will see from the street.”