What is the first view people have of your home? Yes, the landscaping of your property. Appraisers look at the exterior of your home, and then compare it to the entire neighborhood.
Block communities evaluate your landscaping to determine if it is accordance with the block by-laws. Your city evaluates your landscaping to determine if your yard is contributing to the appeal of the neighborhood, and the city itself. So, what can one do to increase the value of your home; landscaping up-grades.
I learned that landscaping improvements are estimated to return 100 to 200 percent of their cost when a house is sold, arguably the best return on investment of any home improvement you can make. How much to spend? One rule of thumb is to invest 5 to 10 percent of your house’s worth. by Stefan J. Scholl, J.D. – Exclusive Buyer Agent. Now armed with information like this you can understand how landscaping can dramatically increase the value of your home.
According to Money magazine (May 2003), spending on landscaping and installation has more than tripled in the past five years, hitting $14.3 billion in 2002. And no wonder it offers the best return on investment of any home improvement you can make. Can you imagine what a $5,000 Investment could do for the value of your home? Think about what you want and how you will use your landscaping dollars for? Formal Entertaining, Herb Gardens, and Children’s Playgrounds are all possibilities. Don’t Limit Yourself to Plants and Trees Maybe You Would Like a Fence, a Fountain, a Deck, a Patio, or Other Outdoor Elements.
A huge return on your investment happens when you create a realistic budget. One rule of thumb is to invest 5 to 10 percent of your house’s worth. If this seems steep, consider that appropriate landscape improvements are estimated to return 100 to 200 percent of their cost when a house is sold.