Though the real estate market is booming and home prices are already at record highs, it can’t hurt to maximize the value of your property, particularly if you’re considering listing it for sale. One of the ways to accomplish this is by investing in a well-chosen landscaping project, one that impresses potential buyers and entices them to pay a bit more to close the deal.
“When it comes to getting the best price for your home, the power of landscaping to increase your home’s value can’t be overlooked,” says Beatrice de Jong, broker and consumer trends expert for Opendoor. “First impressions are everything, and curb appeal is what potential buyers notice first. ... It will signal to buyers that they can expect the same from the interior and bones of the house.”
What’s more, data repeatedly shows that curb appeal, in the form of attractive landscaping, goes a long way. Sellers can attach anywhere from 5% to 12% more value to their home (depending on where the property is located) with a well-maintained landscape, adds de Jong. Here are five landscaping projects that industry experts say are worth the investment to boost your home’s value.
1. Plant Trees
One word: trees. It’s the landscaping project nearly every expert recommends for increasing a home’s value.
“Trees can add up to $9,000 to your home’s value, but you should grow them a distance from the septic system, driveways and the house itself to prevent any potential interferences,” suggests Bryan McKenzie, co-founder of Bumper Crop Times. “Otherwise, the value of your home can be decreased as buyers may anticipate costly issues.”
What he’s referring to is potential root damage to the home’s foundation, falling branches or more. Wisely placed trees, however, have consistently proven to be a smart investment, says Dan Beaulieu, real estate agent, contractor and founder of Burlington House Buyers.
“Almost everything you purchase depreciates. The exception is trees,” explains Beaulieu. “Trees that are mature add to the value of a home. The sheer presence of big trees increases property prices in an area by 4% to 20%.”
