Oftentimes when people are considering putting a house on the market for sale they might put off landscaping in order to save money. But according to experts in the real estate industry, that’s a mistake.
According to this article in the San Francisco Chronicle , a study by a researcher at Virginia Tech found that “a well-landscaped home had a significant price advantage over a home with no landscaping.” In fact, curb appeal can result in a price bump of between 5.5 and 12.7 percent, according to the study. “That translates into an extra $16,500 to $38,100 in value on a $300,000 home,” the article states.
The good news is that you can spend less than the amount of the potential price bump in order to spruce up your home’s landscaping. With the right landscaping partner, you can come up with a plan that is affordable while also enabling you to get a higher asking price for your home.
Also, remember when we talk about landscaping, we’re not just talking about planting a few shrubs and flowers. Landscaping can – and should – include a cohesive plan that incorporates hardscapes, lighting, fire pits and outdoor kitchens.
This article on BobVila.com recommends hiring a pro to help you develop a plan for your landscaping upgrade.
“Like all building projects, this is an investment in your property—so get the guidance of a professional before you begin,” the website states.