Real Estate Insider Blog
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Landscaping is the first thing that potential buyers see when they arrive at your home, and it can have a positive or negative impact. Your landscaping even reflects well or poorly on other homes that are in your neighborhood — which is why many homeowner's associations have such strict landscaping rules. So landscaping is definitely an important aspect of your home, but just how much does it affect your home's value?
Economist John Harris says that good landscaping can increase your home's value by up to 28 percent. A study completed by Clemson University suggested that even taking your landscaping from good to great can increase the value of your home by between six and seven percent. However, this doesn't mean that you should complete huge landscaping jobs simply to sell a house, unless you bought the house at an extremely low price, you aren't likely to get back the money that you put into the landscaping.
If you are going to improve your home's landscaping in order to increase the overall value of your house there are a few things that you should consider. Trees add the most value to your home. In fact, the National Tree Benefit Calculator will even tell you how much your trees are worth. More importantly, trees scan save you money and help conserve energy. According to the U.S. Department of Energy three properly placed trees can save households between $100 and $250 per year. In addition to trees, you...
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