First impressions are as important for houses as they are for people. Whether you’re a homeowner looking to increase your home value or a seller looking to increase market price, the many benefits of landscaping are astonishing. And with spring finally here, now’s the perfect time to consider landscaping and other DIY projects to boost your home’s curb appeal. Check out this infographic that quantifies the value of good landscaping.
Sell home quickly and for more money
If you’re a homeowner, good landscaping can raise your home value as much as 28%. If you’re trying to sell, landscaping raises sale price an average of 4-5%. Better yet, homes with great landscaping sell 10-15% faster. Just don’t go overboard. Despite increases in market value, massive landscaping projects rarely make their money back.
Cut utility costs
Trees and shrubbery are important elements of landscaping. A few strategically placed trees can cut heating bills 15% and air conditioning bills by up to 75%. Insulation from just shrubbery saves anywhere from $100-$250 in annual energy bills. Be sure to stay local with plant life. Exotic plants can cost thousands more to maintain in just a matter of 20 years.
Add more value with trees
Value of trees vary by geography. For example, let’s take a 24-inch diameter red maple tree. This is most popular tree for American yards. It’s value in Charlotte, NC is $244. In Scarsdale, NY it is worth $181 and in San Diego, CA it is worth $205. This value is based on a variety of factors including runoff control, carbon dioxide reduction, and more.
Save on homeowners insurance with lighting
Outdoor lighting is another landscaping project that makes a big difference. 41% of home-buyers say outdoor lighting is necessary in a home purchase. 49% say that it is desirable. Part of the reason outdoor lighting is sought after could be that you can save up to 15% on homeowners insurance with well lit pathways due to the fact that it significantly reduces the likelihood of burglaries and crimes.
Buying or selling a home? Don’t forget the Housefax Property Report. Visit housefax.com today.