Putting your home on the market this year? While updating and upgrading the interior is important to maximize value, don’t overlook one of the best investments you can make: landscaping.
Studies highlighted in publications like Realtor magazine find that well-landscaped and manicured homes can see their price points climb by up to 12-15% over comparable homes with average landscapes.
For a home initially worth $250,000, that equates to an increase of up to $37,500. A new landscape provides not only an immediate increase in home value, but as it matures it will continue to increase value over time.
Some key factors in the landscape’s effect on home value:
*Does its design complement your home’s features? Purpose is crucial—landscaping is more than just putting plants in the ground.
*The size of plants and level of maintenance. More mature plantings and having well-manicured turf, bed edges, and shrubs will especially add value.
*Keeping in mind that your landscape is always either flourishing or faltering. To stay healthy (and valuable), it requires ongoing care and proper maintenance.
We enjoy excellent relationships with numerous members of the Realtor community. As the home-sales cycle kicks into gear, we wish them—and the clients they serve—a very successful Spring!
This installment of "Ask the Plant Expert" was published in the March 29, 2017 edition of the Wednesday Journal of Oak Park and River Forest, the Forest Park Review and the Riverside-Brookfield Landmark.