Maximizing Your Landscaping ROI: A Comprehensive Guide
Property value is important for taxation, insurance, financial planning purposes, and, of course, listing a home on the market. For many homeowners, determining what affects property value can be confusing.
According to Homelight, many factors increase or decrease property value, including, but not limited to, property size, age and condition of the home, the location of the property, zoning regulations, and home upgrades and updates like landscaping. In fact, the article mentions that landscaping offers a 112% return on investment (ROI) for homeowners.
However, it’s important to note that not all landscaping services and projects have the same impact on property value, and a few can even work to decrease its worth. Where some homeowners see value-adds, others see repetitive work burdens or even danger. er.
To help you avoid landscaping pitfalls, we put together some of the best projects you can take on to improve property value and get the best ROI.
Landscaping Ideas That Can Improve Property Value
Add a Garden
Simple projects can have significant effects on your landscaping. Consider investing a little time and effort to create visually appealing, joy-inducing landscaping elements like:
- Planting flower beds that accentuate your property’s overall color scheme.
- Using drought-resistant plants to create an irrigation-free xeriscape.
- Adding a low-maintenance rock garden with solar accent lighting.
- Building a sun-powered recirculating water feature.
These projects can increase landscaping ROI, are easy to build and maintain, and are aesthetically pleasing to nearly all tastes.
Install Mature Trees
Installing mature trees on your property is a smart way to generate a high landscaping ROI. Unlike saplings, mature trees need little human care. To maximize their curb appeal effects, consider:
- Adding a specimen tree as a primary ornamental focal point in your yard.
- Creating a blend of evergreen and deciduous trees for year-round beauty.
- Matching the size of your trees with the size of your yard space.
- Ensuring the best locations for shade and privacy.
And remember that trees increase in value with maturity. A single aged tree can add $1,000 to $10,000 to the value of your property. The bigger and older, the better, at least when vital and healthy. So, the sooner you get them in the ground, the higher your ROI will be.
Restore Outdated Features
If your driveway, walkway, pathway, fencing, deck, or patio is worn and unattractive, it can decrease your property value. Some project ideas to consider include:
- Using gravel, granite, or mulch to create rustic walking paths to key yard features.
- Replacing rotted boards, rescrewing, and restaining your dilapidated fence.
- Refreshing your deck’s appearance with new paint.
- Repaving your driveway and adding solar lighting.
And remember, some good old-fashioned power washing goes a long way toward renewing aesthetics. Wash everything thoroughly. Clean is always good. It’s important to prioritize restoring outdated, worn-out features, at least if the goal is to maximize your landscaping ROI.In fact, according to the National Association of REALTORS® (NAR), landscape maintenance, which includes upgrading worn-out surfaces, finishes, and materials, has a cost recovery of around $4,800 to $5,000 and a 104% of recovered value. Little changes really do make a big difference!
Keep Up With Needed Lawn Care
As obvious as it may sound, it’s essential to keep up with lawn maintenance tasks, including mulching, mowing overgrown grass, pruning deadheads and overgrown trees, and applying fertilizer and weed control throughout the growing season. The same report by the NAR shows that standard lawn care services, including six seasonal fertilizer and weed control applications, have a total recovered value of 217%.
You can also enhance the beauty and biodiversity of your landscape by:
- Dispersing clover seeds on your lawn to keep the ground cover dense and attract pollinators.
- Tilling and planting an organic vegetable garden to enhance health and save money on food.
- Replacing problem areas of grass in your yard with more appropriate ground cover.
If you choose to fertilize your lawn or use pest control products, consider the advantages of using green products that don’t contain chemicals that may harm children, pets, and wildlife.
Start a Project Today
While it’s true that maintaining and upgrading your landscape increases your property’s value, working with a professional landscaping and hardscaping company is critical to project success.
For over 30 years, Design One has provided the highest quality landscaping services to homeowners in Michigan. We can handle all types of projects, from gardening and weed control to bigger jobs like walkway and outdoor kitchen installations. Our team can help you stay within budget, overcome project challenges, and ensure high-quality results that give you the most significant ROI.
Contact us today to learn more about our capabilities or to request a free project consultation.