Landscaping is one of the easiest options available to significantly improve the value of your home. While there is no magic number for return on investment, it is widely accepted within the real estate community that high quality landscape design can elevate the price point of a home. One study conducted by Michigan State University found that landscape design increases the value of most homes by 5-11 percent. This is of course different for every market and each individual house; however, to illustrate a point, an 11 percent increase for a 200,000 dollar house would equal a 22,000 dollar uptick in value.
It is a simple concept, curb appeal is real. People base their impression of a house off of what they first notice. If they notice a well manicured yard, with vibrant colors, and a consistent design, they are going to be incredibly excited. If there is a disheveled, drab yard, that doesn’t compliment the style of the home, prospective buyers may walk then and there. Obviously hiring professionals is preferred, especially if you intend on making big changes like retaining walls, patios, etc. If you have the means to hire professionals, go for it; however, you do not need to invest thousands to significantly increase the curb appeal of your home. Some basic tips that go a long way are included below. Some may seem like common sense but they have been shown time and again to be important factors for potential buyers.
‘Landscape plant material, size and design sophistication increase perceived home value.’ Department of Horticulture, Michigan State University, East Lansing.