Yes, it does grow on trees! One of the secrets to successful real estate may be location, location, landscape. Recent research found that people are willing to pay up to 15% more for homes with professional landscaping, and real estate appraisers nationwide agree that homeowners can substantially increase the value of their property by planting trees and enhancing the landscape. And these investments appreciate in value and increase curb appeal if done correctly. Make planting a priority early on to allow for at least several years of growth. Smaller container sized plants will cost less, but will require more time to fill in. Larger container sized plants will cost more, but will have immediate effect. Either way, landscaping can be expensive, so it is important to have a landscape architect help guide your decisions.
According to the American Association of Nurserymen and RealEstate.com, the ROI (return on investment when the property is sold) on landscaping ranges from 100-200%. Don’t forget that the ROI increases when savings on energy bills are factored in. Properly placed shade trees and shrubs can help cool the air and your home’s temperatures. Landscape Architects can help select the proper tree species and placement to maximize this effect.
the return on investment on landscaping ranges from 100% – 200% – American Association of Nurserymen
The American Society of Landscape Architects recommends investing a minimum of 10% of your home’s value into landscaping, which includes not only plants but also decks, patios, arbors, walls, lighting, etc. With this budget, the quality and quantity of landscaping will match your home. The more elements you want to incorporate into the outdoor environment, the investment percentage will rise above the 10% mark. The most popular items requested by homeowners include outdoor fireplaces and fire pits, covered outdoor kitchens, seat walls, and decorative paving.
Perhaps the biggest mistake homeowners make is a piecemeal approach to landscaping. Homeowners begin projects without necessary plant, soil, grading or drainage knowledge, and proceed without a plan. The result is a hodgepodge of plantings and gardens that don’t enhance the home’s architecture. Following a professionally prepared plan will create a cohesive landscape while remaining within a pre-established budget. And, remember that everything doesn’t have to happen at once. Consider a phased plan that adds plantings and other features each year. This way you can remain within your budget while still progressing toward a complete landscape design.
Plant a little green around your home now, to get a lot of green back later on.
Contact Kristin Heggem, ALC’s residential specialist, at (719) 339-9393 for more information.
Author’s Bio: Kristin Heggem