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Friday, July 5, 2013

Landscaping Can Raise A Home's Appraisal and Increase Value


Attractive landscaping is often a cost-effective improvement on a property which boosts curb appeal and a potential buyer's opinion right from the start! If well-executed, well-designed landscaping can add tens of thousands in value to a property's selling price.
Landscaping for a house sale may be one of those few cases where you could claim that money grows on trees... and bushes... and flowers!




A Virginia Tech study in 2007, for example, found that homes with colorful landscaping and a diverse array of plants could result in an increase in equity from 5.5 to 12.7 percent! The horticulturalist responsible for the study, Alex Niemiera, found that plant size, plant maturity, diversity, complexity of design, all seemed to affect the incease in equity witnessed.

Let's do the math on these figures. Say you're listing a property at $399,900. If you calculate the range seen in the Virginia Tech study, adding tasteful landscaping to your property could increase its value anywhere between $21,995 and $50787! That can represent as much as a 400% (or more!) return on investment.

How does that compare to other types of home improvement investment? According to a recent Money Magazine report, kitchen remodels gain between 75 to 125 percent, bathroom remodels are between 20 to 120 percent, and swimming pool additions are between 20 to 50 percent.

And what's an even cheaper way to increase this ROI? Find cheap plants! Going to websites like www.tnnursery.net or other online plant nursery websites which specialize in wholesale sales can save you a bundle!

Read more about home and property values at Nashville homes for sale!